European markets closed higher on Friday, capping off a week which saw investors absorb U.S. data and brush aside Ukraine concerns.» Read More
*Madrid lighting maintenance staff latest to stage walkout. *Madrid unemployment at one in five. MADRID, Dec 12- Hundreds of street lamp and traffic light maintenance workers began an open-ended strike in Madrid on Thursday, the latest in a succession of public-sector worker walkouts to hit Spain's austerity-pinched capital city.
MADRID, Dec 12- Hundreds of street lamp and traffic light maintenance workers plan to go on strike in Madrid on Thursday, the latest in a succession of public sector worker walk-outs to hit Spain's austerity-fatigued capital city.
*Deadline for 300 mln euro cash call subscription Wednesday. MILAN, Nov 27- In 2008, Maurizio Prato, then chairman of Alitalia, said only an "exorcist" could save the Italian airline.
Budget airline Ryanair has announced a raft of improvements in a bid to keep up with its main rival easyJet, chief executive Michael O'Leary said.
Michael O'Leary, CEO of Ryanair, says the group has "always been friendly and cuddly" but was misunderstood, adding that it now plans to improve its communication strategy.
Editor: Malcolm Davidson +44 20 7542 6958. BRUSSELS/ FRANKFURT- A leading international think-tank urged the European Central Bank to loosen the purse strings further and buy euro zone government and corporate bonds to accelerate a weak recovery. Credit Suisse private bank co-heads confident of growth.
John Strickland, director at JLS Consulting, discusses European airlines following EasyJet's year-on-year jump in profit and highlights the difference in strategies with Ryanair.
JPMorgan Chase canceled a question and answer session on Twitter with a veteran investment banker after being flooded with insults.
DUBAI, Nov 12- High fuel costs and weak currencies in some key markets flattened first-half profit growth at Dubai's flagship airline Emirates, signalling Gulf carriers are not immune to the pressures on the industry despite rising passenger numbers.
DUBAI, Nov 12- High fuel costs and weak currencies in some key markets held back first-half profit growth at Dubai's flagship airline Emirates, signalling the Gulf's fast-growing carriers are not immune from a slowdown in the global aviation industry.
DUBLIN/ LONDON, Nov 5- When one Ryanair shareholder made a stinging attack on Chief Executive Michael O'Leary at the airline's annual meeting for scaring off customers with his "bullying" and "macho" style, there was one thing he didn't mention.
*HSBC rises after Q3 results. LONDON, Nov 4- Expectations of monetary stimulus from the European Central Bank, coupled with a rise in HSBC, drove European shares to a 5- year high on Monday. UK bank HSBC rose 2.3 percent to add the most points to the FTSEurofirst 300 after posting a 10- percent rise in third quarter profits and issuing a positive outlook.
Take a look at some of Monday's midday movers:
European equities closed higher on Monday with expectations of monetary stimulus from the European Central Bank (ECB) driving shares.
*HSBC rises after Q3 results. LONDON, Nov 4- Expectations of monetary stimulus from the European Central Bank, coupled with a rise in HSBC, drove European shares to a 5- year high on Monday. British bank HSBC rose 2.9 percent to add the most points to the FTSEurofirst 300 after posting a 10- percent rise in third quarter profits and issuing a positive outlook.
*HSBC up on strong quarterly earnings. *Ryanair, Weir fall on profit warnings. LONDON, Nov 4- Shares in banking heavyweight HSBC gained on Monday on strong results, in a rising market supported at five-year highs by expectations of additional monetary stimulus from the European Central Bank.
*Auto gain after Peugeot says French car registrations rise. *Airlines fall as Ryanair warns on profits. Autos performed strongly after Peugeot said French car registrations rose in October, while airlines fell on a profit warning from Ryanair.
LONDON, Nov 4- European shares rose on Monday, with sentiment buoyed by increased expectations the European Central Bank will strike an equities-friendly dovish tone at a policy meeting this week. That follows a surprise drop in euro zone inflation to 0.7 percent in the year to October, well below the ECB's target of just under 2 percent.
Michael O'Leary, CEO of Ryanair, says the budget airline has "always been cuddly" towards its customers.
Shares in Ryanair traded lower by over 11 percent on Monday after cut its profit forecast for the year.