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“Worries about plunging confidence amongst the travelling public and concerns about future travel restrictions being imposed due to the spread of the Omicron variant have led to fresh volatility for airline stocks and companies reliant on the industry. Investors have had to buckle up for yet another burst of severe turbulence affecting the sector. Q3 2021 hedge fund letters, conferences and more The Airline Industry Asks For Government AssistanceIt comes amid reports that British Airways owner International Consolidated Airlns Grp SA (LON:IAG) and Ryanair Holdings plc (LON:RYA) have asked for ...
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Late last month a Dutch court ruling sent shockwaves throughout the oil and gas industry after Royal Dutch Shell PLC was found to be “partially responsible for climate change”. Shell has been ordered to significantly reduce their current ‘absolute carbon emissions’ output. From their 2019 levels, Shell must reduce their emissions by 45% by 2030. Q1 2021 hedge fund letters, conferences and more Dutch Ruling On ShellThe ruling has been a long time in the making. In 2019, Milieudefensie, the Dutch arm of Friends of the Earth, an environmental non-profit, filed the initial lawsuit, which was then ...
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