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Europe's STOXX 600 jumps 1% as banks lead market rebound, US election in focus

UPDATE 2-Europe's STOXX 600 jumps 1% as banks lead market rebound, US election in focus For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Banks top weekly gainer Reckitt jumps after being cleared in preterm formula case Maersk, Technip Energies rise for second day on outlook boost Fugro slumps after it reports lower revenue in US, Middle East Updates with closing levels By Ankika Biswas and Pranav Kashyap Nov 1 (Reuters) - Europe's main st
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Airlines suspend flights as Middle East tensions rise

FACTBOX-Airlines suspend flights as Middle East tensions rise Updates flydubai, Iberia Express under IAG Oct 31 (Reuters) - Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of the airlines that have cancelled services to and from the region: AEGEAN AIRLINES AGNr.AT The Greek airline has cancelled flights to and from Beirut until Dec.
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Jefferies initiates coverage of European Airlines, warning of 'turbulence ahead' for the sector

BUZZ-Jefferies initiates coverage of European Airlines, warning of 'turbulence ahead' for the sector ** European Airlines sector is pricing in 20-60% downgrades in 2026 as carbon headwinds enter the P&L and yield expansion is uncertain, Jefferies says ** While pricing in 30-60% EBITDA downgrades in mid-term, the market underplays the self-help oppo
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Airlines suspend flights as Middle East tensions rise

FACTBOX-Airlines suspend flights as Middle East tensions rise Updates Air France and Emirates Oct 30 (Reuters) - Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of the airlines that have cancelled services to and from the region: AEGEAN AIRLINES AGNr.AT The Greek airline has cancelled flights to and from Beirut until Dec.
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Clariant, M6, Ucb

EUROPE RESEARCH ROUNDUP-Clariant, M6, Ucb Oct 30 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Clariant, M6, and Ucb, on Wednesday. HIGHLIGHTS * Adidas AG ADSGn.DE : Deutsche Bank raises target price to EUR 275 from EUR 270 * Clariant AG CLN.S : JP Morgan cuts target price to CHF 14 from CHF 15 * M6 MMTP.PA : JP Morgan cuts target price to EUR 13.1 from EUR 13.7 * Nel ASA NEL.OL : Morgan Stanley cuts to underweight from equal wei
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ITA Airways to restore flights between Libya and Italy, Meloni says

ITA Airways to restore flights between Libya and Italy, Meloni says ROME, Oct 29 (Reuters) - ITA Airways will restore flights between Italy and Libya as of next year, Prime Minister Giorgia Meloni said on Tuesday. "I am proud to announce today that ITA Airways will return to connect our two countries as of January 2025," Meloni told an Italy-Libya business forum in Tripoli.
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Lufthansa sees impact of new plane delays in three-digit million-euro range

Lufthansa sees impact of new plane delays in three-digit million-euro range BERLIN, Oct 29 (Reuters) - Lufthansa LHAG.DE Chief Executive Carsten Spohr said on Tuesday that the effect of delayed airplane deliveries on earnings before interest and taxes is expected to be in the three-digit million-euro range. Reporting by Ilona Wissenbach, Writing by
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STOXX 600 falls on earnings drag, travel and leisure worst hit

UPDATE 2-STOXX 600 falls on earnings drag, travel and leisure worst hit For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window BP shares touch July 2022 lows HSBC rises after Q3 profit beat, share buyback plan Lufthansa slides on lower Q3 profit Adidas rises on 'generally positive' Q3 details, China strength STOXX 600 down 0.6% Updates with closing levels By Ankika Biswas and Pranav Kashyap Oct 29 (Reuters) - Europe's main stock index dropped o
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London-listed airlines fall; Germany's Lufthansa posts 9% drop in Q3 profit

BUZZ-London-listed airlines fall; Germany's Lufthansa posts 9% drop in Q3 profit ** Shares of London-listed airlines firms Wizz Air WIZZ.L , International Consolidated Airlines ICAG.L and Easyjet EZJ.L fall 2.6%, 1% and 1.3%, respectively ** German airline group Lufthansa LHAG.DE posts a 9% Y/Y fall in Q3 operating profit as its flagship brand stru
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Lufthansa shares slide on decline in Q3 profit

BUZZ-Lufthansa shares slide on decline in Q3 profit ** Shares in Lufthansa LHAG.DE slip 3.2% after the German airline reported a 9% decline in third-quarter profit due to struggles with low yields for its core brand ** Raiffeisen Research says delivery delays for new airplanes and the associated costs, higher costs for locations and staff and pay-outs after flight irregularities burdened Lufthansa Airlines results ** J.P.
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Europe before the bell: HSBC beat and more earnings

LIVE MARKETS-Europe before the bell: HSBC beat and more earnings Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPE BEFORE THE BELL: HSBC BEAT AND MORE EARNINGS European shares were set to rise at the open on Tuesday, with Big Tech earnings starting from Alphabet parent Google GOOGL.O later in the day taking centre stage, just one week before U.S.
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Lufthansa reports 9% drop in third-quarter profit as core brand struggles

UPDATE 6-Lufthansa reports 9% drop in third-quarter profit as core brand struggles Demand strong in the summer, but costs rise Lufthansa struggles with yields in Asia-Pacific market Group reaffirms 2024 target operating profit of 1.4-1.8 bln euros Company issued two profit warnings earlier this year Updates share move, Spohr comments in last paragraphs By Joanna Plucinska, Rachel More and Ilona Wissenbach LONDON/BERLIN/FRANKFURT, Oct 29 (Reuters) - German airline group Lufthansa LHAG.DE reported
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Lufthansa reports 9% decline in Q3 profit as core brand struggles

Lufthansa reports 9% decline in Q3 profit as core brand struggles BERLIN, Oct 29 (Reuters) - German airline group Lufthansa LHAG.DE on Tuesday reported a year-on-year fall in its operating profit in the third quarter, as its flagship carrier Lufthansa struggles with low yields, competition with international airlines and spiralling costs. The German group reported a third-quarter operating profit of 1.3 billion euros ($1.41 billion), largely in line with the expectations of analysts polled by th
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STOXX 600 rises ahead of key data and US tech earnings, energy shares cap gains

UPDATE 2-STOXX 600 rises ahead of key data and US tech earnings, energy shares cap gains For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Philips tumbles on lowering full-year sales outlook Melrose jumps after risk and revenue sharing explainer Sonova climbs on news of resuming supply to Costco STOXX 600 up 0.4% Updated with closing prices By Ankika Biswas and Pranav Kashyap Oct 28 (Reuters) - Europe's main stock index closed higher on Mo
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European airlines struggle with plane delays, high costs in Q3

UPDATE 1-European airlines struggle with plane delays, high costs in Q3 Lufthansa expects five-year delay on Boeing 777X deliveries Airlines forced to fly older models Lufthansa reports results on Oct. 29 Air France-KLM hit by lower ticket bookings tied to Paris Olympics BA to cancel some long-haul flights due to engine delivery delays Updates with Lufthansa statement in paragraphs 8-9 By Joanna Plucinska LONDON, Oct 28 (Reuters) - Europe's major airlines including Lufthansa and Air France-KLM a
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Airlines suspend flights as Middle East tensions rise

FACTBOX-Airlines suspend flights as Middle East tensions rise Updates Lufthansa, LOT and Pegasus; adds Corendon Oct 28 (Reuters) - Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of the airlines that have cancelled services to and from the region: AEGEAN AIRLINES AGNr.AT The Greek airline has cancelled flights to and from Beirut until Dec.
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Lufthansa airlines extend Tel Aviv flight suspension to late November

Lufthansa airlines extend Tel Aviv flight suspension to late November BERLIN, Oct 28 (Reuters) - Lufthansa LHAG.DE Group airlines will extend the suspension of their flights to Tel Aviv through late next month, the German flagship carrier said on Monday. Austrian Airlines, Brussels Airlines, Lufthansa, and SWISS are suspending flights up to and including Nov.
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Airlines lift Europe as oil provides drag

LIVE MARKETS-Airlines lift Europe as oil provides drag Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com AIRLINES LIFT EUROPE AS OIL PROVIDES DRAG The STOXX 600 .STOXX is kicking off the week up 0.4%, buoyed by soaring chemicals and airline stocks, while oil shares drag.
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European airlines' Q3 struggle with plane delays, high costs

PREVIEW-European airlines' Q3 struggle with plane delays, high costs Lufthansa expects five-year delay on Boeing 777X deliveries Airlines forced to fly older models Lufthansa reports results on Oct. 29 Air France-KLM hit by lower ticket bookings tied to Paris Olympics BA to cancel some long-haul flights due to engine delivery delays By Joanna Plucinska LONDON, Oct 28 (Reuters) - Europe's major airlines including Lufthansa and Air France-KLM are expected to report another quarter dragged down by
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Airlines suspend flights as Middle East tensions rise

FACTBOX-Airlines suspend flights as Middle East tensions rise Updates British Airways under IAG and Qatar Airways Oct 25 (Reuters) - Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of the airlines that have cancelled services to and from the region: AEGEAN AIRLINES AGNr.AT The Greek airline has cancelled flights to and from Beirut until Dec.
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