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IAMGOLD Corp

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  • LONDON, Jan 30- Qatar Airways has bought a 9.99 percent stake in International Consolidated Airlines Group worth around 1.15 billion pounds, building closer ties with the owner of its partners British Airways and Iberia in the oneworld alliance. "IAG represents an excellent opportunity to further develop our Westwards strategy," Qatar Airways Chief...

  • DUBAI, United Arab Emirates— Qatar Airways said Friday it has bought nearly 10 percent of the parent company of British Airways and Spain's Iberia, deepening wealthy Qatar's business ties to Europe and intensifying competition with the airline's fast-growing Gulf rivals. "It makes sense for us to work more closely together in the near term and we look forward...

  • Shares in Apple suppliers leap on record results Wednesday, 28 Jan 2015 | 3:51 AM ET

    LONDON, Jan 28- Shares in European companies that supply parts to Apple Inc leapt on Wednesday after the tech giant reported the largest profit in corporate history, driven by record sales of iPhones and strong demand in China. It not only provides Apple with chips but also Samsung, and they get all the royalties, "said Beaufort Securities sales trader Basil...

  • DUBLIN, Jan 27- Irish Transport Minister Paschal Donohoe said on Tuesday the government would engage with British Airways owner IAG in the coming days on the terms of its proposed new offer for Aer Lingus. Aer Lingus's AERL.I board has recommended an improved 1.36 billion-euro takeover offer from International Consolidated Airlines Group ICAG.L, the Irish...

  • *IAG would operate Aer Lingus as separate brand. DUBLIN, Jan 27- The board of Irish airline Aer Lingus has recommended an improved 1.36- billion-euro takeover offer from the owner of British Airways which now must sooth government concerns to win shareholder approval. Aer Lingus said its recommendation is subject to being satisfied with how IAG proposes to...

  • Aer Lingus recommends $1.5 bln offer from BA-owner IAG Tuesday, 27 Jan 2015 | 2:13 AM ET

    DUBLIN, Jan 27- Aer Lingus's board has recommended an improved 1.36 billion-euro takeover offer from International Consolidated Airlines Group, the Irish airline said on Tuesday. The new proposal by the owner of British Airways, its third in six weeks, is worth 2.55 euros per share, up from a previous 2.40 euros, and includes a cash offer of 2.50 per euros share and a...

  • LONDON, Jan 9- The owner of British Airways said on Friday that Aer Lingus had rejected a revised takeover approach valuing the Irish airline at 2.40 euros per share. Aer Lingus said in December it had rejected a takeover approach from its larger rival, which is keen to gain control of its highly coveted runway slots at London's Heathrow Airport.

  • LONDON, Dec 16- Imagination Technologies, the British company that supplies graphics processing to Apple Inc, said it expected an improved second half as costly investments which weighed on the first months of the year begin to pay off. "We are migrating from a heavy investment to exploitation," said Chief Executive Hossein Yassaie. They were trading at 212.8...

  • LONDON, Dec 16- Imagination Technologies, the British company that supplies graphics processing to Apple, reported a 75 percent drop in adjusted profit in the first half, reflecting heavy investment in its product line. The company said its now complete product line would help deliver a much stronger second-half financial performance. Imagination, which...

  • LONDON, Nov 7- British Airways owner IAG laid out plans to pay a maiden dividend, coming of age three years after it was created in a merger between BA and Spain's Iberia. International Airlines Group said it was confident of increasing profit by more than 10 percent a year between 2016 and 2020, on top of significant growth this year and next. BA and Iberia sealed an...

  • LONDON/ VANCOUVER Nov 6- Struggling gold producers plan increasingly drastic measures such as scrapping dividends, cutting jobs, halting projects and shutting mines to survive the latest price plunge, but not all of them will make it. According to Citi analysts, about three quarters of gold mining companies burn cash at spot prices just below $1,200 on an all-in...

  • LONDON, Nov 3- Icelandic low-cost airline Wow Air is looking to fly daily from Europe to the United States, after cut price tickets were snapped up for the five times a week flights it will start from next year. The airline offered tickets at 99 pounds one way from London to Boston via Iceland starting from March. London to Boston flights on the Wow Air website...

  • *Ups 2014 forecast to 550 mln- 600 mln euros above 2013. LONDON, Oct 31- The owner of British Airways and Iberia raised its forecast for profits this year and said it was on course for another rise in 2015 despite an increasingly competitive backdrop that has hit rival European airlines. International Airlines Group's performance contrasts with Air France-KLM...

  • LONDON, Oct 31- International Airlines Group reported a 30 percent jump in third-quarter profit on Friday and raised its forecast for the year, in contrast to the British Airways- owner's strike-hit rivals. The company said it now expected to increase this year's operating profit by between 550 million euros and 600 million euros from the 770 million euros it...

  • LONDON, Oct 31- International Airlines Group reported a 30 percent jump in third-quarter profit and upgraded its forecast for the year, reassuring investors after the British Airways- owner's strike-hit rivals cut their guidance. IAG's operating profit before exceptional items for the three months ended Sept. 30 came in at 900 million euros, compared to the...

  • *Gulf airlines using Italy as base for expansion. Italy is Europe's fourth largest travel market, one of the world's top tourist destinations and its thriving fashion and leather industry underpin demand for business travel. That is taking passengers away from Germany's Lufthansa, British Airways and Air France-KLM in Europe, and Delta Air Lines and American...

  • *Seven people hospitalised, monitored in Madrid hospital. MADRID, Oct 9- The health of a Spanish nurse with Ebola worsened on Thursday and four other people were put into isolation in Madrid, while the country's government rejected claims its methods for dealing with the disease weren't working and blamed human error. Teresa Romero, 44, is the first person to have...

  • LONDON, Oct 8- European equities fell on Wednesday, with a benchmark index slipping to its lowest in nearly two months, as investors moved out of shares around the world in the face of discouraging signals about the global economy. Growing concern over the spread of Ebola outside Africa also hurt sentiment. In the latest evidence of economic malaise, China's...

  • LONDON, Oct 6- Britain's Virgin Atlantic Airways is to close its Little Red domestic airline next year, it said on Monday, less than two years after it was launched. Reconfirming that the group as a whole was on track to make a profit by the end of this year after two years of losses, Virgin Atlantic said the decision on Little Red followed a review of its network which...

  • *75 percent chance virus will hit France by Oct 24. LONDON, Oct 5- Scientists have used Ebola disease spread patterns and airline traffic data to predict a 75 percent chance the virus could be imported to France by October 24, and a 50 percent chance it could hit Britain by that date. Nigeria, Senegal and now the United States- where the first case was diagnosed on...