In 2013, Europe’s two largest low-cost carriers, Ryanair and easyJet, were having an annus horribilis. EasyJet’s executives were battling its founder and biggest shareholder, Stelios Haji-Ioannou, over the airline’s strategy. 119 more words
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Renewed China Worries Push Down Crude Prices
Weak Chinese manufacturing data see oil give up some of last week’s gains
LONDON—Crude-oil futures pulled back on Tuesday, giving up some of the strong gains seen in the last three sessions, as worries about China’s economy resurfaced. 449 more words
Crude oil is going parabolic.
In just a few minutes on Monday morning, the price of oil went from down 3% on the day to up more than 7%, with West Texas Intermediate crude rising above $48.40 a barrel for the first time in a month. 273 more words