FRANKFURT/LONDON, May 17 (Reuters) – Europe’s ailing car
market ended a streak of 18 straight months of falling sales,
though a number of one-off factors suggested that a sustained
recovery will be harder to achieve.

A pick-up in Germany and Spain in addition to continued
robust demand in Britain delivered a 1.8 percent increase in new
car registrations last month, to 1.08 million vehicles.

LONDON, May 16 (Reuters) – Thomas Cook on Thursday
unveiled a 1.6 billion pound ($2.4 billion) refinancing plan on
Thursday designed to cut debt and enable it to resume paying
dividends in the latest stage of a turnaround at the world’s
oldest travel firm.

The 172-year old group is recovering after a dramatic slump
in sales over the last two years, hit by the euro zone debt
crisis, high fuel costs and social and political turmoil in
popular holiday destinations such as Greece, Egypt and Tunisia.

LONDON (Reuters) – Low-cost airline easyJet (EZJ.L: Quote, Profile, Research, Stock Buzz) cut its losses in half in the six months to April and is nearing a decision on whether to upgrade its fleet with updated Airbus or Boeing jets.

Europe’s second-largest budget carrier behind Ryanair (RYA.I: Quote, Profile, Research, Stock Buzz) said on Wednesday it was in the “final stages” of choosing whether to go with re-engined Airbus (EAD.PA: Quote, Profile, Research, Stock Buzz) A320neo planes or Boeing’s (BA.N: Quote, Profile, Research, Stock Buzz) 737 MAX.

LONDON, May 10 (Reuters) – International Airlines Group
reported wider first-quarter operating losses on
Friday, as deepening trouble at its Spanish carrier Iberia wiped
out progress at British Airways.

IAG, Europe’s third-biggest airline group by
market value, made an operating loss of 278 million euros ($364
million) in the year’s first three months, traditionally weak
for airlines.

LONDON (Reuters) – Closure of the U.S. Export-Import Bank would have very serious consequences for planemaker Boeing Co (BA.N: Quote, Profile, Research, Stock Buzz) and hand a competitive advantage to its rival Airbus (EAD.PA: Quote, Profile, Research, Stock Buzz), a senior executive at Boeing’s financing arm said.

Senate Banking Committee Chairman Tim Johnson had said on Tuesday Ex-Im Bank, which provides loans and guarantees to help U.S. companies export their goods, could be forced to stop operations in two months unless the Senate approves the nomination of Fred Hochberg as president of the government-run bank.

LONDON, May 2 (Reuters) – Britain’s Rolls-Royce has
announced the surprise departure of Mark King as boss of its key
aerospace business, after only four months in charge of the
newly merged division.

King, who had spent 27 years at Rolls, was previously head
of its civil aerospace business and became chief of the combined
civil and defence aero division in January.

LONDON, April 30 (Reuters) – London’s Heathrow Airport must
cut the fees it charges airlines to reduce the substantial
market power it has built up, the industry’s regulator said on
Tuesday, in a move which could lead to lower air fares for
travellers.

The UK’s Civil Aviation Authority (CAA) said Heathrow, the
world’s third busiest airport in terms of passenger numbers,
should cut take off and landing charges by inflation minus 1.3
percent between 2014 and 2019.

LONDON (Reuters) – One of Britain’s few economic bright spots – a 13-month run of increased car sales – may actually say more about the country’s ills than it does about its growth prospects.

Much of the rise has been caused by a banking scandal, high fuel prices, erosion of savings and widening income inequality.

LONDON (Reuters) – One of Britain’s few economic bright spots – a 13-month run of increased car sales – may actually say more about the country’s ills than it does about its growth prospects.

Much of the rise has been caused by a banking scandal, high fuel prices, erosion of savings and widening income inequality.

LONDON, April 23 (Reuters) – The chairman of ENRC,
Mehmet Dalman, resigned at a board meeting on Tuesday and has
been replaced by Gerhard Ammann, the London-listed Kazakh miner
said.

ENRC already faces an uncertain future as it struggles to
move on from damaging boardroom battles, a break-neck expansion
that has left it sitting on $5 billion of debt. It also faces
allegations of corruption and a potential buyout.