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EasyJet shares surge after budget airline brands takeover talks from US firm 'highly opportunistic'
EasyJet shares surge after budget airline brands takeover talks from US firm 'highly opportunistic' No-frills airline easyJet has dismissed a takeover approach from a US investment firm as "highly opportunistic" as shares in the budget airline jumped as much as 13% this morning Shares in easyJet soared after bosses at the British budget airline knocked back a takeover swoop. The Luton-based airline branded an approach by US investment firm Castlelake “highly opportunistic”. It also confirmed...
EasyJet shares rally as Castlelake weighs possible takeover offer
The budget airline's stock rose more than 12% after Castlelake said it was considering a possible offer. Prior to the rally, easyJet shares had fallen by around 23% over the past year against a backdrop of higher fuel costs and uncertainty linked to tensions in the Middle East. British low-cost airline easyJet said it had noted possible takeover interest from US-based private investment firm Castlelake, in a statement released on Monday.
Nuclear weapons could soon be hosted in more NATO nations — what it means for defense stocks
The U.S. is said to be considering expanding its nuclear weapons-hosting capability to more European NATO member states. Six NATO member countries — the U.K., Germany, Italy, the Netherlands, Belgium and Turkey — currently form part of the alliance's nuclear weapons-sharing arrangements, and are approved to host U.S. dual-capable aircraft capable of deploying nuclear missiles. But this group could now be expanded to include additional NATO countries in Europe, according to the Financial...
Let young Britons access state pension early and retire later, think tank urges
Let young Britons access state pension early and retire later, think tank urges Those under 40 could withdraw a £12,500 lump sum under the proposals - Bookmark - CommentsGo to comments Young Britons should be allowed to withdraw a years’ worth of their state pension early to help those who cannot rely on “the bank of mum and dad”, a think tank has said. Researchers say the so-called “Citizens Advance” would be a “transformative” policy for those aged 18 to 40 who are struggling with issues...
Currys promotes former shop assistant as its new chief executive
Currys promotes former shop assistant as its new chief executive Current chief Alex Baldock previously announced he would step down from the firm - Bookmark - CommentsGo to comments Currys has appointed Fredrik Tonnesen, boss of its Nordics business, as its new chief executive - 20 years after he first joined the company as a shop assistant. He will take the top job at the electronics retailer from early August, having led the Nordics operation's turnaround. The move follows current chief...
Revealed: How much you need to earn in top UK cities to get on the housing ladder
Revealed: How much you need to earn in top UK cities to get on the housing ladder Average salaries are far below what is needed to get a mortgage in many places - Bookmark - CommentsGo to comments The gap between average salaries and the amount needed to secure a mortgage on a first home has been laid bare by new analysis for The Independent. Figures from Joseph Lane at brokers Mortgage Lane reveals the salary needed to buy the average first home across seven big UK cities and shows that...
SpaceX IPO: How European retail investors can buy shares and the risks to be aware of
SpaceX is expected to make its stock market debut on Friday in what could become the largest IPO in history. Here's how retail investors in Europe can participate and the risks they should consider. Elon Musk's AI, rocket and satellite company is days away from a stock market debut that could become the largest IPO in history and, in an unusual departure from convention, a sizeable portion of those shares has been reserved for individual investors.
You could find it easier to get a mortgage under new proposals
You could find it easier to get a mortgage under new proposals The Financial Conduct Authority (FCA) will explore how to help lenders offer flexible repayments for people with variable incomes, like those who are self-employed First-time buyers, older borrowers and the self-employed could find it easier to get a mortgage under new proposals set out by the financial regulator. The Financial Conduct Authority (FCA) will explore how to help lenders offer flexible repayments for people with...
SpaceX is worth less than half of its $1.75 trillion IPO target, Morningstar says
SpaceX is expected to start trading on the Nasdaq in just over two weeks, but Morningstar analysts have warned that Elon Musk's tech behemoth is "significantly overvalued." The hotly-anticipated debut is expected to be the largest ever initial public offering, with SpaceX reportedly targeting a $75 billion fundraise and a valuation of $1.75 trillion. "We think the company has been significantly overvalued and investors will have opportunities to buy the stock at more attractive levels after...
Broncos' season in crisis as Titans young gun conjures golden moment
Brisbane Broncos slump to fifth-straight NRL defeat as Keano Kini conjures golden moment for Gold Coast Titans Keano Kini has scored one of the great game-winning tries to sink Brisbane, with the Titans snatching a 28-23 victory at Lang Park. A 73rd-minute Adam Reynolds field goal appeared to have taken the Broncos to victory, before Kini, from 55m out, chipped ahead and snatched the ball from Reece Walsh's grasp to race away in the 76th minute. Kini then saved a last-gasp try attempt by the...