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Baltic Classifieds Group plans to float in London

Baltic Classifieds Group, owned by private equity fund Apax Partners, said on Friday it plans to list on the London Stock Exchange, targeting a free float of at least 25% of the online classifieds firm's issued share capital.

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Ryanair CEO sees unrestricted UK-European travel from July

The chief executive of airline Ryanair expects there to be unrestricted movement between Europe and Britain from July onwards, taking an optimistic position despite Britain's move to further limit travel on Thursday.

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UPDATE 1-Taiwan upgrades 2021 economic view as Q1 growth jumps

* Q1 growth revised up to +8.92% y/y, from +8.16%
* Government sees 2021 exports +20.4% y/y, from +9.58%
TAIPEI, June 4 (Reuters) - Taiwan’s economy will grow at its fastest pace in more than a decade in 2021, the statistics office said on Friday, upgrading its outlook as a strong rebound in exports helps the island even as it deals with a spike in COVID-19 cases.
Gross domestic product (GDP) is expected to expand 5.46% this year, the Directorate General of Budget, Accounting and Statistics said, up from a forecast made in February for 4.64% growth, which would be its fastest since 2010’s 10.25%.
The revision came as the statistics office more than doubled its export growth forecast for this year, with global demand for the island’s technology products buoyed by a work-from-home boom during the COVID-19 pandemic.

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Tech takes Wall St higher as jobs report calms inflation fears

* Indexes up: Dow 0.43%, S&P 0.83%, Nasdaq 1.5% (New throughout, updates prices, market activity and comments to include U.S. afternoon trading)

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Sweden says its airlines should consider avoiding Belarus airspace

Sweden's Transport Agency said on Monday that Swedish airlines should consider avoiding Belarus airspace after a Belarusian warplane intercepted a flight between Greece and Lithuania and forced it down in Minsk on Sunday.

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Portugal removed from UK safe travel list in blow for airlines - BBC

3 Min Read
LONDON (Reuters) -Britain is set to remove Portugal from its quarantine-free travel list and no new countries will be added, the BBC reported, essentially shutting down the UK’s leisure travel market once again in a hammer blow for airlines.
FILE PHOTO: A man looks at a check-in information board in the departures area of Terminal 5 at Heathrow Airport in London, Britain, May 17, 2021. REUTERS/John Sibley
Britain relaunched travel on May 17 following more than four months of lockdown, with Portugal the only big beach destination alongside the likes of Israel, Iceland, Australia and New Zealand.
Portugal proved a lifeline for airlines and travel companies over the last three weeks, and its removal will deepen the crisis for a travel industry which had looked to June for a recovery to start.

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Portugal removed from England's quarantine-free travel green list - BBC

By Reuters Staff
1 Min Read
LONDON, June 3 (Reuters) - Portugal will be removed from England’s quarantine-free travel green list, the BBC reported on Thursday without citing sources.
An official update on international travel policy is expected later. (Reporting by William James, Editing by Paul Sandle)

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Australian shares slide on rising COVID-19 cases; tech stocks drag

Australian stocks slid on Tuesday as rising COVID-19 cases in the state of Victoria dented sentiment, with investors eyeing a rate decision by the country's central bank later in the day.

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Digital music firm Believe sets IPO range at 19.50-22.50 euros/share

Digital music company Believe, which scouts out singers and helps them to launch online, on Tuesday said it had set the price range for its initial public offering (IPO) in Paris at 19.50 to 22.50 euros per share.

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Number of foreign tourists visiting Spain in April rose to 630.457

The number of foreign tourists visiting Spain rose to 630.457 in April up from the virtually zero who came in April 2020 as the country was under a strict lockdown, statistics department INE said on Tuesday.

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