Hints and tips:
...Jet fuel was 50 per cent higher than Brent crude oil at the start of this month, with airlines paying more than $140 a barrel for fuel even as global oil prices fell towards $90, according to the International...
...That message has not been lost on workers, including those at IAG — which Walsh ran until recently....
...Iata’s Walsh said the volatility of jet fuel prices, which have not fallen in line with Brent crude since the summer, combined with the foreign exchange turmoil makes it “much more challenging” for CEOs....
...BP aims to reach a 12-14% ROACE by 2025 at $50-60//bbl 2020 real (2025 JPMe 12.3% at $60 Brent), and the company guides to a 2021-25 ‘balance point’ of c$40 Brent (in-line with JPMe)....
...Chief executive Wilf Walsh also warned that “consumer confidence remains fragile and we continue to manage the impact of intensified competition”....
...Willie Walsh, IAG chief executive, said: NIKI was the most financially viable part of Air Berlin and its focus on leisure travel means it’s a great fit with Vueling....
...Brent crude oil, the international benchmark, was up 0.3 per cent at $45.97 a barrel following a choppy session on Monday, when it rose as high as $46.24....
...Rio Tinto were up 2.2 per cent after it delayed bonuses to former chief executive Sam Walsh amid inquiries into a questionable payment made to a consultant....
...Brent crude, the international benchmark, has climbed by 0.1 per cent to $55.91 a barrel and West Texas Intermediate, the US marker, is down 0.3 per cent to $53.18....
...This morning, chief executive Wilf Walsh reported a return to quarterly like-for-like sales growth in the UK. Like-for-like sales were up 2 per cent in the 13 weeks to January 28....
...Chief executive Wilf Walsh preferred to focus on signs of (home) improvement: “We are now scheduling investment to 150 stores by the year end – 50 per cent more than the original target and representing...
...Chief executive Willie Walsh said: Our performance this quarter saw a negative currency impact of €148 million, primarily due to the weak pound....
...The FT reports that Tom Albanese and Sam Walsh discussed payments to a consultant for work on Rio Tinto’s $20bn Simandou iron ore mine in Guinea....
...On the other side of the Atlantic Brent, the international oil marker, climbed more than $1 to $45.72 a barrel....
...The market sell-off has taken internationally traded Brent crude to 12-year lows below $30 a barrel....
...According to Wilf Walsh, chief executive, “a comprehensive customer research study will be completed by the end of January 2016, giving us a more detailed picture which will inform our decisions on which...
...This, surely, is Mr Walsh’s intention. Ryanair boss Michael O’Leary is thought to want concessions on route sharing....
...The bid from IAG, run by former Aer Lingus pilot Willie Walsh, is conditional on getting 90 per cent of the shares....
...Chief executive Willie Walsh was keen to stress the company’s cost cutting efforts. Media and exhibitions group UBM had a busy first half....
...Among the majors, cost cuts and increased debt can spare dividends for two years if Brent sticks at around $70 a barrel, Barclays forecast....
...A supply glut has seen the price of Brent crude, the international oil benchmark, drop 40 per cent from the middle of June to a five-year low of $65 a barrel....
...Wilf Walsh takes helm at Carpetright, the UK retailer....
...Copper was slipping 0.2 per cent to $7,335 a tonne, while expectations of more supply from Iran helped push Brent crude down 29 cents to $106.84 a barrel....
...Rio’s iron man made CEO after $40 billion profit in seven years When Rio Tinto Group decided it had to part with Chief Executive Officer Tom Albanese, the second- largest mining company turned to Sam Walsh...
...Rio and the $115bn capital return: Sam Walsh, the new Australian boss of Rio Tinto has probably never heard of Tony Pidgley, the chairman of upmarket UK housebuilder Berkeley Homes....
International Edition