The announcement?on Sunday of a PS5,50 billion ($7.34billion) deal by U.S. investment company Castlelake to acquire British budget airline easyJet would be a new chapter for the carrier's 31-year history. Here's an overview of the?major milestones in?easyJet history: Stelios Ioannou, founder of the company, launches low-cost flights from London Luton Airport in Scotland to Glasgow and Edinburgh. 2002 Acquisition of rival Go Fly. Acquisition of rival GB Airways. 2011 - 2013 Modernising fleet with 135 Airbus aircraft. 2020 COVID-19? Forces 4,500 job reductions and fleet shrinkage. Rejects Wizz Air's takeover offer and raises $1.7 Billion from existing shareholders February -...

Investors will be looking for clues this week about the?likelihood of imminent interest-rate increases and the early signs of an important earnings season to gauge the strength of U.S. stocks'?rally. This week, the second half of the year 2026 began'much like the first half did' with the rocky performance of "heavyweight" technology shares affecting major indexes. The minutes of the Federal Reserve's last month's meeting as well as earnings reports from Delta Air Lines, PepsiCo and other companies could be new indicators for a market that has been shaky in recent weeks due to its tech-fueled rally. The market has...

Three Iranian and Western sources confirmed that Iran has started talks with Japanese companies as part of a U.S. sanction waiver, allowing it to resume its oil sales. However, 'prospective buyers' are asking for a longer waiver, and reassurances about ship safety. The waiver was part of the 60-day talks between Washington and Tehran, and it expires on August 21. Two Iranian sources declined to identify themselves due to the sensitive nature of the matter. They said that three Japanese buyers are considering possible crude oil purchases in Iran. This would be their first purchase since 2019. A Western industry...

Investors will be looking for clues to the possibility of an impending rate hike and the early signs of a crucial earnings season in the coming weeks as they gauge the strength the U.S. Stock Market's rally. The second half 2026 began 'this week, much like the first half did.' Heavyweight technology shares were swaying the major indexes. The minutes from the Federal Reserve's meeting last month, along with earnings from Delta Air Lines, PepsiCo and other companies, may provide new signs for a market that has been shaky in recent weeks. The market has seen gains over the last...

Data releases are slowing down, earnings season is not yet underway and no major rate decisions are imminent. However, the markets will be kept busy by a NATO summit, Kevin Warsh's inaugural meeting as head of the Federal Reserve, and an uncertain oil price. Rae Wee, Lewis Krauskopf, Amanda Cooper, Marc Jones and Alun John in London all give their take on the upcoming week. 1/ 'SCOURING FOR CUES' Investors will be looking for more clarity about the direction of U.S. rates in the coming week as they analyze the minutes from the latest Federal Reserve Meeting -- the first...

Two people were injured by a Ukrainian drone attack on a bus travelling from Minsk, the Belarusian capital, to the Russian Black Sea resort town of Anapa. This was reported in Russian state media. Sputnik Belarus reported that the government of the Bryansk region in Russia, near the border with Ukraine and Belarus, said two drivers were injured in the attack, which took place at the Krasniy kamen border crossing. Andriy kovalenko, the head of Ukraine's Centre for Countering Disinformation, a branch of the National Security Council (NSC), denied that Kyiv attacked the bus. He called the?Russian claims "provocations" as...

Four sources with knowledge of the matter have confirmed that NATO is planning to replace its aging AWACS fleet with GlobalEye aircraft from Sweden's Saab. This move could put President Donald Trump on edge. Trump has repeatedly threatened NATO's dissolution, accusing European countries of a free ride by leaving it to the U.S. Sources?said NATO would announce its GlobalEye plans at a meeting with its members on 7 and 8 July in the Turkish capital Ankara. NATO has not responded to our request for comment. Saab declined to comment. Since 1982, NATO has been able to keep an eye on...

Russian state media reported that a Ukrainian drone attacked two people on a bus travelling from Minsk, the Belarusian capital, to Anapa, a resort town near the Black Sea in Russia. Sputnik Belarus reported that the government of the Bryansk region in Russia, near the border with Belarus and Ukraine, said two drivers were injured, but only slightly, during the attack. The incident occurred at the Krasniy kamen border crossing between Russia and Belarus. Ukraine has not yet responded to the question. The Ukrainians regularly shell Bryansk, and the nearby region of Kursk. This results in?injuries and deaths among local...

As 'the United States' celebrates its 250th anniversary, the number of Americans expected to travel over the weekend is expected to increase. The number of?Americans expected to travel into the weekend as?the?U.S. AAA data shows that 72.2 million Americans are expected to travel 50 miles or more for Independence Day, between June 27 and July 5. This is a slight increase from 71.8 millions last year. As oil prices rise due to war, household budgets are squeezed and travelers have to rethink travel plans. An expected heatwave will further complicate travel decisions. The period will test the consumer's resilience, as...

Some airlines have resumed flights to certain parts of the Middle East, as diplomatic efforts intensify to resolve the conflict following the U.S.-Israeli strike on Iran. However, many carriers continue to suspend flights that disrupt global travel. The following is a list of the current status of flights by alphabetical order. AEGEAN AIRLINES The largest airline in Greece has cancelled flights to Dubai until August 31 and Erbil and Baghdad?until Sept 30. AIRBALTIC AirBaltic, a Latvian airline, resumed its Tel Aviv operations on July 1. Dubai flights are suspended until October 24. AIR CANADA Canadian Airlines has cancelled all flights...

Some airlines have resumed flights to certain parts of the Middle East, as diplomatic efforts to end the conflict following the U.S.-Israeli strikes on Iran gain momentum. However, many carriers continue to suspend their flights and disrupt travel around the world. The following is an alphabetical list of the current status of flights. AEGEAN AIRLINES The largest airline in Greece has cancelled flights to Dubai and Erbil until September 30. AIRBALTIC AirBaltic, a Latvian airline, resumed its Tel Aviv flights on July 1. Dubai flights are suspended until October 24. AIR CANADA Canadian Airlines has cancelled all flights to Tel...

Dassault Aviation CEO, Mr. Trappier, said 'Wednesday' that Airbus 'tried to kick them out of the multinational Eurodrone project. This confirms a separate rift between planemakers and the collapse of plans for an European fighter jet. Airbus refused to comment on Trappier’s comments. They confirm that the Eurodrone dispute is real after it was reported last month that Dassault wanted compensation from Airbus. "For us, it's very simple. Airbus told us 'get out,' CEO Eric Trappier said to a French Senate committee when asked about Eurodrone surveillance. "We disagree and are currently in discussion on why we have been excluded....