Anna Mackenzie

Frankfurt Airport operator Fraport on Tuesday reported a 14% rise in third-quarter core profit, citing a rebound in passenger traffic during the European summer, driving its shares higher in morning trade.
The group said its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose to 478.1 million euros ($512.05 million) in the quarter from 420.3 million a year earlier, beating analysts’ average forecast of 449.9 million euros, according to LSEG data.

Swisscom slightly lowered its full-year revenue guidance on Thursday, citing a strong Swiss franc and lower hardware sales in Switzerland, driving its shares down more than 3%.

“The market is somewhat surprised as this is rather unusual for Swisscom,” Research Partners analyst Reto Huber wrote in an email, adding however that the altered guidance was “not a cause for concern”.

German meal-kit maker HelloFresh (HFGG.DE) on Thursday reported lower than expected third-quarter core earnings and a decline in customer numbers, a day after announcing a 150 million euro ($158 million) buyback of shares and certain convertible bonds.
The stock was seen down 2.8% in early Frankfurt trade.
Quarterly adjusted core profit (AEBITDA) came in at 69.2 million euros, down 3.7% year-on-year, and slightly below analysts' average estimate of 70.0 million euros.

German submarine-to-steel group Thyssenkrupp (TKAG.DE) on Monday launched the long-awaited listing of its hydrogen division Nucera, targeting proceeds of up to 600 million euros ($646 million).

German online takeaway food company Delivery Hero (DHER.DE) on Thursday forecast single-digit percentage growth in 2023 gross merchandise value (GMV) against a challenging comparison period after parts of Asia reopened from lockdowns.

Swiss duty-free retailer Dufry (DUFN.S) on Tuesday reported stronger than expected sales for 2022, helped by a recovery in travel related volumes after pandemic lockdowns were lifted.

Frankfurt Airport operator Fraport (FRAG.DE) said on Thursday that first-quarter core profit more than doubled as passenger numbers rebounded, but the results missed market expectations as high staffing and energy costs weighed.

It’s 23 March 2020 and the UK has just entered its first national lockdown as the Covid-19 pandemic takes hold. The world comes to a shuddering stop, and so too do many of our best-laid plans.

What has followed feels like some kind of fever dream – a kaleidoscopic insight into the diversity of the human experience. Grief. Social isolation. Cancelled plans. Remote working. Zoom dates.

Two years on from that seismic day when Boris Johnson announced to the nation “you must stay at home”, many of us find ourselves on a totally different life path to the one we might have imagined.

Mass demonstrations are taking place across the country today (Saturday, February 12) in protest at rising costs and inflation.

Organised by the Scottish Trades Union Congress (STUC) and the People's Assembly, protesters are taking to the streets to demand action from the government on the cost of living crisis.

The demonstrations come one week after Ofgem announced a 54% increase in the energy price cap in April.

This week marks the 70th anniversary of the Accession of Queen Elizabeth II to the throne. The longest-reigning female monarch in history, Her Majesty is now also the first British monarch in history to reach a platinum jubilee.
UK-wide funding of more than £22 million has been announced to promote local celebrations. Some councils are offering thousands of pounds in grant money to encourage the public to throw parties, picnics, and plant trees to mark the occasion.
But as the national welfare budget fails to provide adequate support to struggling households, could this money be better spent?

Despite facing deportation, Haitian migrants continue their perilous journey through Latin America in hopes of reaching the United States, where their arrival in great numbers has sparked a political crisis.

Coastal cities are on the "frontline" of the climate crisis, with swelling oceans redrawing the map and putting hundreds of millions at risk. That's one of the warnings of an unpublished draft report by the UN's climate science advisory panel, seen exclusively by AFP, the most extensive compendium to date of the urgent climate threats facing the planet. Among the cities featured in the report is Florianopolis, in Brazil. Here, communities living along the coast in homes facing the sea and vul...

On 7 September 2021, El Salvador became the first country to embrace bitcoin as legal tender. Consumer demand made its brand-new cyber wallet system crash on its first day of use as the currency's value seesawed against the US dollar. While thousands of Salvadorans are already using the cryptocurrency for everyday transactions, hundreds have taken to the streets to protest with concerns about the safety and legitimacy of the cyber currency.