LONDON â Budget airline Ryanair says its profit fell 29% last year and warns that the grounding of Boeing’s 737 Max planes will limit its ability to cut costs. Europe’s largest carrier by passengers said earnings for the year ending March 31 fell to 1.02 billion …
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Troubled travel firm Thomas Cook has been reassuring customers who contacted the firm with concerns about holiday trips, after its share price crashed. Its share price fell sharply at the end of last week, and it dropped a further 16% on Monday to just 10p.
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Fresh from raising $70 million last year via big names including Goldman Sachs and TPG Growth, Livspace, an India-based startup that offers a one-stop-shop for interior design, has lured yet another marquee investor: Ikea. The startup said today it has taken …
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Tesla Inc. shares were poised to fall to their lowest since December 2016 on concerns the carmaker faces a “Kilimanjaro-like uphill climb” to hit profitability goals in the second half, said Wedbush analyst Dan Ives, who cited fears over demand and growth.
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Shares of Deutsche Bank hit a record low Monday, down nearly 3%, after UBS downgraded the German lender’s stock to a âsellâ rating from âneutral.â Pointing to tough external events and the low interest rate environment, UBS slashed its price target for …
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