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Evening Standard
Easyjet results: Losses top £2 billion in two years as fears about travel grow due to Omicron
EEasyjet plunged to its second billion-pound loss in two years today and warned that Omicron is already hitting bookings as consumers take fright.Like all airlines, the low-cost carrier has endured a brutal time during the pandemic but had hoped it was through the worst until the emergence of the latest Covid variant.It made a loss …
Business
Sky News
EasyJet sees softening of bookings as COVID restrictions grow amid Omicron uncertainty
EasyJet has told investors it is expecting passenger numbers to return to pre-pandemic levels next summer despite uncertainty over the winter months ahead as coronavirus restrictions grow across Europe.The no-frills carrier said it had seen early signs of a softening of bookings amid the emergence of the Omicron variant but it was too early to …
Business
Sky News
Fuel retailers making ‘shocking’ 19p a litre profit after failing to pass on oil price cut, RAC warns
Fuel retailers should be scrutinised by the government if they fail to cut prices, the RAC has suggested.The motoring organisation said petrol and diesel prices remain high despite a reduction in the wholesale price of oil. It believed retailers were overcharging by as much as 12p per litre for petrol and 10p per litre for …
Business
Evening Standard
Twitter co-founder Jack Dorsey resigns as chief executive
Jack Dorsey has resigned as the chief executive of Twitter posting a message to the platform that it was “finally time for me to leave”.In a statement posted to his personal Twitter account, Mr Dorsey said he was “really sad… yet really happy” to be leaving the firm he co-founded in 2006.Confirming his replacement would …
Business
Sky News
Travel firms update rebooking and refund policies after restrictions tightened
EasyJet and TUI have updated their policies on rebooking flights and holidays after travel rules were changed to prevent the spread of the Omicron COVID variant.From 4am on Tuesday all arrivals into the UK will have to take a costly PCR test on day two – with the cheaper lateral flow tests no longer valid …
Business
Euro News
Twitter’s Jack Dorsey steps down as CEO after 16 years at the social media giant
Business
Sky News
‘Time for me to leave’: Twitter CEO Jack Dorsey resigns
Jack Dorsey has confirmed that he will be resigning as Twitter’s chief executive after a share price spike followed reports of the move.Posting on the platform he said that it was “finally time for me to leave”, explaining in a statement from Twitter itself that it was “because I believe the company is ready to …
Business
Evening Standard
Markets on alert over new Covid variant omicron but oil and shares rally
OIL prices and stock markets recovered somewhat today after a heavy plunge on Friday, but the mood remains anxious as investors seek more information about the Omicron Covid-19 variant.In the face of the new pandemic threat, there is now serious doubt that the Bank of England will feel able to increase interest rates in December …
Business
Sky News
Bleak Black Friday for high street? Bargain-hunters went elsewhere, data shows
The high street suffered its first decline in visitors for a Black Friday on record, according to industry data that suggested spending may have held up more widely.Springboard, which measures so-called footfall across retail destinations for the industry, reported a 2% rise in the number of visits to shopping areas overall in the week leading …
Business
Euro News
Crypto sharing name with Omicron variant outperformed Bitcoin soaring 900%. Can we trust it?
Business
Euro News
Crypto sharing name with Omicron variant soared 900%, outperforming Bitcoin. Is it here to stay?
Business
Evening Standard
Newly rebranded Molten Ventures hits hot streak on backing Covid winners
Recently rebranded London-listed venture capital firm Molten Ventures, formerly Draper Esprit, has seen its investments in fast-growing pandemic winners such as online car retailer Cazoo and fintech Revolut pay off. The firm, which has a market cap of around £1.3 billion and a portfolio of over 17 companies spanning climate tech to cloud computing, saw …

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