UPDATE 2-European stocks break 4-day rally on Brexit trade talks, U.S. stimulus doubts Reuters 12/18/2020 By Sruthi Shankar and Susan Mathew
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) German business morale rises in December Finland s Tikkurila soars after PPG offer IAG slips, to buy Air Europa for 500 mln euros (Updates to close)
By Sruthi Shankar and Susan Mathew
Dec 18 (Reuters) - European shares fell on Friday as doubts over a post-Brexit trade deal and a stimulus package in the United States capped gains at the end of a solid week.
European stocks break 4-day rally on Brexit trade talks, U S stimulus doubts
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
German business morale, vaccine optimism help European stocks rebound
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Futures Fly To All-Time High On Quad Witching Day
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.
Message :
Required fields
LONDON (Reuters) - Britain s competition regulator said on Wednesday it would investigate whether airlines had breached consumers legal rights by failing to offer cash refunds for flights they could not legally take during a COVID-19 lockdown.
The regulator, the Competition and Markets Authority, said the new inquiry was part of its ongoing work in relation to holiday refunds during the pandemic.
COVID-19 has forced the cancellation of thousands of flights. Consumer groups have accused the airlines of being slow to issue refunds and misleading passengers into accepting flight vouchers instead of cash, flouting rules.
Airline finances have been choked by COVID-19, with restrictions suppressing travel since March. EasyJet and British Airways-owner IAG have had to ask shareholders for new funds and take on new debt to survive.