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Markets and investing
Ryanair CEO Michael O’Leary says the airline will launch a cost-cutting drive to offset a €2 billion increase in fuel charges next year and advises passengers to book early for summer travel.
Markets and investing
Ryanair is reducing costs after facing a €2 billion rise in fuel charges, while the pound has performed well against the euro over the past month.
Markets and investing
BP has finalized the sale of a 65% stake in its Castrol lubricants business to Stonepeak Partners for $6 billion, with the proceeds earmarked for debt reduction.
Markets and investing
Phillip Securities raised its rating on Amazon to Buy from Accumulate and lifted its price target to $330, citing strong growth at Amazon Web Services and the company’s broader artificial intelligence strategy.