BA-owner IAG Returns To Profit After COVID-19 Slump
British Airways-owner IAG on Friday returned to profit for the first time since the outbreak of the COVID-19 pandemic as demand for European flights between April and June boosted its battered finances.
Made In Britain: Broken Supply Lines Drive Manufacturing Back Home
In central England, birthplace of the industrial revolution, factories are buzzing anew, hammering out parts for cars, planes and medical machines that used to be made in Asia.
UK Rejects EU Proposals To Resolve N.Irish Trade Row
Britain rejected on Wednesday European Union proposals to resolve a standoff over post-Brexit trade rules for Northern Ireland, saying it would not shy away from taking direct action in the latest escalation between the two sides.
Britain's Steelmakers Scorched By White-hot Power Prices
Steel boss James Brand raises his voice above the roar of metal being funnelled into a foundry furnace as he details how rampant costs have pushed him to raise his prices by 70%.
UK Cancels Global LGBT+ Conference Over Trans Conversion Therapy Dispute
Britain abandoned on Wednesday plans to hold a flagship conference designed to promote LGBT+ rights around the world following a dispute over conversion therapy for transgender people that prompted charities and organisations to boycott the event.
UK Set To Cancel Global LGBT+ Conference Over Trans Conversion Therapy Dispute
Britain is set to abandon plans to hold a flagship conference designed to promote LGBT+ rights around the world following a dispute over conversion therapy for transgender people that has prompted charities and organisations to boycott the event.
Delta, Virgin Atlantic CEOs Say Travel Demand Is Robust
Delta Air Lines Inc and partner Virgin Atlantic said on Tuesday that pent-up demand for international travel meant customers were willing to pay higher fares, spurring a rebound in bookings and helping them cover surging fuel costs.
Exclusive-BA Owner IAG Has Some Surface Issues With Airbus A350 Jets
British Airways owner IAG has experienced surface degradation on Airbus A350 jets but not to the same extent as Qatar Airways and it will not affect planned deliveries, its CEO said.
Exclusive-BA-owner IAG Looking At Options, But Not A Rights Issue
British Airways owner IAG is examining all options to cope with a volatile business environment, but does not need a rights issue for now because it can see bookings recover, its boss said.
Shares At Pearson Jump As Education Group Turns A Page
Pearson launched a share buyback and set medium-term growth goals on Friday, sending its shares up 11% on hopes that the global education group had finally turned a corner on years of turbulence.
UK's Johnson Set To Scrap COVID Restrictions
British Prime Minister Boris Johnson will on Monday set out plans to scrap coronavirus restrictions as part of a "living with COVID" strategy that aims to achieve a faster exit from the pandemic than other major economies.
Coca-Cola Takes Big Step Into Coffee With $5.1 Billion Costa Deal
Coke, one of the biggest soft drinks groups in the world, would buy Costa's almost 4,000 outlets across markets such as Britain, Europe and China after Whitbread's board unanimously backed the deal.
Europe's New Data Law Upends Global Online Advertising
The new data privacy law may benefit Alphabet's Google and Facebook as they are likely to receive a high ratio of user consent given their loyal customer base.
Murdoch's Fox Trumps Comcast With Agreed $32.5 Billion Bid For Sky
Murdoch's Fox said the performance of Sky since December 2016, including the renewal of the right to show English Premier League matches at a lower price than expected, justified its higher offer.
Rolls-Royce, Preparing To Cut Thousands Of Jobs, Says Engine Problem Has Spread
Britain’s Rolls-Royce said a costly compressor problem that had grounded Boeing planes had now been found in a different type of engine, compounding pressures on a group that is due to cut more than 4,000 jobs this week.