American Airlines and British Airways will conduct free COVID-19 tests. Andrew Caballero-Reynolds / Agency France-Press / Getty Images American Airlines AAL, + 9.97% And British Airways IAG, + 48.4848% U.S. And the U.K. In an effort to persuade governments to start a coronavirus test trial the test could resume international …
Read More »British Airways boss Alex Cruz landed
The announcement of British Airways fell short for some frequent pilots who expressed frustration online. Scott Barber Alex Cruise, chairman and CEO of British Airways, will step down as chief executive of the airline, the parent firm IAG announced on Monday that Sean Doyle, chairman and CEO of Air Kings, …
Read More »Shares fall flat after data on retail sales and consumer confidence
Text size Chinese retail sales fell unexpectedly in July. Getty Images The S&P 500 closed Friday almost unchanged, as investors mixed data weighing on consumer confidence and retail sales against an upcoming trade meeting between Chinese and U.S. officials. While headline U.S. retail sales figures missed forecasts, with a monthly …
Read More »euro area earnings and GDP in focus
European stocks traded higher on Friday morning as investors monitored corporate earnings and economic data in the last trading session of the month. The pan-European Stoxx 600 Index rose 0.35% with tech and bank stocks leading the way. BNP Paribas reported a decrease in net income of around 7% for …
Read More »European travel stocks sink into second wave fears
Shares in the European tourism sector sank on Monday morning when investors became anxious about a surge in coronavirus cases in the region. The top sixteen travel and leisure stocks in Europe fell more than 3% in the first hour of trading, with Tui, easyJet and International Airlines Group, the …
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