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Business Industrials

  • WASHINGTON, July 20- Some 180 airlines worldwide that fly directly to U.S. airports have complied with a first phase of enhanced security measures outlined in June and do not face any new restrictions, the U.S. Department of Homeland Security said on Thursday. Late Wednesday, the government confirmed it had lifted such restrictions on Saudi Airlines flights...

  • WASHINGTON, July 20- The U.S. Department of Homeland Security said Thursday that 180 airlines worldwide that fly directly to U.S. airports have complied with the first phase of enhanced security measures outlined in June. DHS spokesman David Lapan said no airlines are currently subject to in-cabin restrictions on large electronics including laptops.

  • Passengers wait in the lounge for the first flight to take off from the new Erbil International Airport.

    The U.S. has ended President Trump's laptop restriction for passengers onboard U.S. bound flights from certain Middle East and North African airports.

  • BERLIN, July 20- Air France's lower cost airline, aimed at restoring some routes to profitability and attracting new and younger customers to the carrier, will be called' Joon'. Plans for the new airline, which will launch short-haul routes in the autumn from Paris Charles de Gaulle followed by long-haul routes in 2018, were approved by pilots this week as part of a...

  • *Fierce competition to keep pressure on yields. LONDON, July 20- Cautious comments by British budget airline easyJet on the outlook for summer pricing hit its shares and those of rival airlines on Thursday, overshadowing an increased profit target after a strong quarter. The airline is seeking a replacement for CEO Carolyn McCall, who is joining broadcaster ITV.

  • LONDON, July 20- Cautious comments by British budget airline easyJet on the outlook for summer pricing hit its shares and those of rival airlines on Thursday, overshadowing an increased profit target. The airline, which is seeking a replacement for CEO Carolyn McCall who is joining broadcaster ITV, said revenues per seat were up 2.2 percent in its third quarter...

  • LONDON, July 20- British budget airline easyJet raised its profit outlook on Thursday after it filled more seats on its planes while keeping a tight grip on costs during the third quarter. The airline, which is looking for a replacement for CEO Carolyn McCall who is set to join broadcaster ITV next year, said that profit before tax would be in the range of 380 million...

  • LONDON, July 20- British budget airline easyJet raised its profit outlook on Thursday after it filled more seats on its planes while keeping a tight grip on costs during the third quarter. The airline, which is looking for a replacement for CEO Carolyn McCall who is set to join broadcaster ITV next year, said that profit before tax would be in the range of 380 million...

  • In March, the United States imposed restrictions on passengers carrying laptops and other large electronic gear in cabins on flights from certain airports in the Middle East and North Africa in response to unspecified security threats. The U.S. Department of Homeland Security has inspected and cleared flights from Riyadh's King Khalid International...

  • WASHINGTON— Travelers flying to the U.S. from nearly 300 international airports, including those in Mexico and Canada, are now subject to stepped-up security measures that include stricter screening for electronic devices larger than cellphones. The Homeland Security Department demanded last month that airlines around the world step up security...

  • July 20- The pace of growth in Britain's construction industry slowed over the second quarter as investment was delayed by uncertainty over Brexit and the general election, a leading property body reported on Thursday. The quarterly survey from the Royal Institution of Chartered Surveyors showed a reversal from the first quarter, which saw growth...

  • DALLAS— Shares of United Airlines' parent tumbled Wednesday on the company's weak forecast about revenue trends for the rest of the summer. Rival Delta Air Lines gave a much more bullish prediction last week. United Continental Holdings Inc. shares fell $4.66, or 5.9 percent, to close at $74.24.

  • NEW YORK, July 19- Shares of United Continental Holdings Inc fell more than 5 percent on Wednesday, a day after the airline forecast "disappointing" passenger unit revenue in the third quarter. Still, it posted adjusted earnings per share of $2.75, versus analysts' consensus forecast of $2.67. In a Wednesday call with industry analysts and the media, United Chief...

  • NEW YORK, July 19- Shares of United Continental Holdings Inc fell as much as 5 percent on Wednesday, a day after the airline forecast "disappointing" passenger unit revenue, a closely watched measure, in the third quarter. Still, it posted adjusted earnings per share of $2.75, versus analysts' consensus forecast of $2.67. United shares fell $3.63 to $75.24 at midday.

  • WASHINGTON, July 19- U.S. homebuilding surged to a four-month high in June, but construction activity remains constrained by rising lumber prices and labor and land shortages. "A lack of workers is limiting the ability of builders to build, and input costs are also an issue," said Joel Naroff, chief economist at Naroff Economic Advisors in Holland, Pennsylvania.

  • KHOBAR, July 19- A ban on laptops and other large electronic devices from the cabins of direct flights to the United States from Saudi Arabia has been lifted, Saudi Arabian Airlines said on Wednesday. In March, the United States imposed restrictions on passengers carrying laptops and other large electronic gear in cabins on flights from certain airports in the...

  • *Housing starts increase 8.3 percent in June. WASHINGTON, July 19- U.S. homebuilding rebounded more than expected in June after declining for three straight months, but construction activity remains constrained by rising lumber prices and labor and land shortages. Housing starts jumped 8.3 percent to a seasonally adjusted annual rate of 1.22 million units,...

  • WASHINGTON, July 19- U.S. homebuilding rebounded more than expected in June after declining for three straight months, but construction activity remains constrained by rising lumber prices, labor and land shortages. Housing starts jumped 8.3 percent to a seasonally adjusted annual rate of 1.22 million units, the highest level since February as both...

  • WASHINGTON— Homebuilders ramped up construction in June to the fastest pace in four months, led by surges in the Northeast and Midwest. Housing starts climbed 8.3 percent in June to a seasonally adjusted annual rate of 1.22 million, the Commerce Department said Wednesday. "Steady gains in construction are expected over the next year, supported by still-strong...

  • LONDON, July 19- Budget airline Wizz Air said on Wednesday it was seeking a British flying licence in case there was no clean deal to protect flying rights once Britain leaves the European Union. Wizz Air, which is headquartered in Budapest, can continue to within the EU once Britain leaves in March 2019, but its flying rights in Britain after that date are less clear.