The parent company of British Airways has hailed a pick-up in travel between the UK and United States for helping to narrow losses and predicted a return to profitability this year despite a leap in costs. International Airlines Group (IAG), which also has the Aer Lingus and Iberia brands in its stable of carriers, reported
Month: May 2022
Tesco, the UK’s largest supermarket chain, has been warned it must do more to help struggling pork producers or risk “the destruction of the UK pig sector”. The chairman of the National Pig Association (NPA) Rob Mutimer used an open letter to the Tesco boss Ken Murphy to argue that the company was uniquely positioned,
In today’s episode, Ian King looks at the markets reacting to rising interest rates and soaring inflation. He’s also joined by Sky’s City editor Mark Kleinman, who has all the latest on Morrisons proposing a last-ditch rescue deal for McColl’s Retail Group. Plus, more on Zeelo, the UK-based smart bus platform bought last week for
The new owners of Chelsea Football Club would be prevented from paying dividends or taking management fees for a decade under a package of measures designed to avoid the controversies which have dogged Manchester United since the Glazers’ takeover in 2005. Sky News can exclusively reveal that a consortium majority-funded by private equity firm Clearlake
The billionaire brothers behind one of Britain’s biggest fuel retailing empires are close to sealing a last-ditch swoop on McColl’s Retail Group that could lead to thousands of job losses. Sky News has learnt that EG Group was putting the finishing touches on Friday to a takeover of McColl’s through a pre-pack administration that would
Not many Eurovision acts can say that instead of rehearsing for the biggest performance of their life, they have grabbed an AK47 to fight off Russian aggressors on the streets. But that’s exactly what Ukraine’s act, Kalush Orchestra, have done ahead of their appearance at the contest. The glitzy arena in the Italian city of
More than 500kg of cocaine has been discovered in a shipment of coffee beans sent to a Nespresso factory, according to Swiss police. The authorities were alerted after staff at the plant in Romont found a white powder while unloading the sacks, which had just arrived from Brazil. Analysis confirmed the powder was cocaine, with
The Pope approved a secret €1m operation to free a Colombian nun kidnapped in Mali, a disgraced cardinal has claimed. Sister Gloria Cecilia Narvaez was seized by the Macina Liberation Front, an al Qaeda-linked group, in February 2017 and released last year. Cardinal Angelo Becciu, who is one of ten defendants on trial accused of
A woman detained after her Ryanair flight was forced to land in Belarus last May has been jailed for six years. Sophia Sapega and her activist boyfriend were flying from Greece to Lithuania when the plane was flanked by a fighter jet and forced down over an alleged bomb threat. Western countries said the actions
At least eight people have died and dozens are injured after a powerful explosion at a five-star hotel in the downtown area of Cuba’s capital Havana, officials have said. The blast at the Hotel Saratoga, a 19th-century structure in Old Havana, was apparently due to a gas leak, according to the Twitter account of the
A German woman has been found guilty of sexual assault after poking holes in her partner’s condoms in an attempt to get pregnant, according to reports. The woman, 39, was in a “friends with benefits” relationship with the man when she deliberately damaged the condoms without his knowledge. The case made legal history, according to
Fifty-three people are confirmed to have died after the rear of a six-storey building suddenly collapsed in China. The residential and commercial building caved in on 29 April and it was initially thought that five people had died. But the number of casualties was updated in the early hours of Friday by the Associated Press,
The Russian assault on the last defenders at Mariupol’s steelworks will continue to hold back its plans to control the Donbas region, according to the UK Ministry of Defence. It is estimated around 2,000 Ukrainian fighters are underneath the Azovstal plant – the last pocket of resistance in a city almost completely destroyed. A few
New satellite images of the Azovstal steelworks in Mariupol show how the site has been the target of extensive shelling over the course of the war. The images, which were released by satellite imaging company Planet, show what the site looked like on eight separate dates, beginning on 10 March. One of the images appears
Scientists have released the eerie, Hans Zimmer-like audio captured from a black hole at the centre of the Perseus galaxy cluster. The actual sound waves were discovered in data recorded by NASA’s Chandra X-ray observatory and have been translated from astronomical data into human-hearable sound. Astronomers first discovered that ripples in the hot gas surrounding
A possible bid by Donald Trump to regain the White House in 2024 has been boosted after a candidate he backed won a Republican Senate primary in Ohio. JD Vance, a venture capitalist who wrote a memoir called Hillbilly Elegy, took almost a third of the vote, according to Edison Research. The 37-year-old said in