lonwizz
Sinking feeling takes over financial markets amid worries about rising rates, slowing construction and fresh turbulence for airlines Sinking Feeling Takes Over Financial Markets“A sinking feeling has taken over financial markets at the end of a volatile week of trading. Investors are digesting the unpalatable implications of inflation and fretting that there will be a need for a bigger dose of the bitter medicine being administered to try and bring it under control. Tech stocks are taking a tumble everywhere, from Wall Street to Hong Kong and London as expectations of sharper interest rate ris...
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“Wizz Air Holdings PLC (LON:WIZZ), the jaunty low-cost challenger couldn’t escape the gut-wrenching turbulence the pandemic has caused for the airline industry. It’s plummeted to a net loss of €576 million after rolling travel restrictions across Europe were imposed as infection rates peaked at different rates across the region. The airline’s revenue plunged by more than 73% to €739 million, as a loss of confidence among the travelling public also dented booking rates. Passenger numbers fell 75% to ten million. Q1 2021 hedge fund letters, conferences and more Wizz Air Hit By Travel Restriction...
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Look ahead to FTSE 350 & other companies reporting from 31 May to 4 June Q1 2021 hedge fund letters, conferences and more Wizz Air Holdings PLC (LON:WIZZ) expands routes with expectations bookings will bounce backHybrid working may help the recovery for shared office provider Workspace Group plc (LON:WKP)Pennon Group plc (LON:PNN) updates us on potential acquisition plansWizz Air, Full Year Results, Wednesday 2 JuneSusannah Streeter, senior investment and markets analyst "High hopes that brighter skies were in sight for the airlines have been clouded by fresh strains of Covid emerging in parts...
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