Business

Flight Narrowly Avoids Disaster After Storm Diversion An inquiry has been launched after a Ryanair flight, struggling against severe winds during storm Amy last week, landed at Manchester Airport with only six minutes’ worth of fuel remaining. The aircraft had been transporting passengers from Pisa, Italy, to Prestwick, Scotland, on

Hackers Leak Personal Data of 5 Million Qantas Customers on Dark Web A cybercriminal group has released personal records of 5 million Qantas customers on the dark web after the airline did not meet their ransom demand. The breach is part of a larger global incident affecting over 40 companies,

Investors Withdraw Record Sums from Equity Funds Amid High Market Valuations Data reveals that investors in the UK have withdrawn an unprecedented amount of money from equity funds over the past three months, driven by concerns over soaring stock market valuations. According to the latest figures from Calastone, the largest

Intrepid Shifts Climate Strategy, Drops Carbon Offsets One of the travel sector’s most environmentally conscious operators, Intrepid, has decided to end its carbon offset program and abandon existing emissions targets, deeming them unattainable. The Australia-based global tour company announced it will instead allocate A$2 million (£980,000) annually

Bank of England Warns of Potential Market Turmoil Amid AI Valuation Surge The Bank of England has cautioned about an increasing risk of a "sudden correction" in global markets, highlighting concerns over rapidly rising valuations of major AI-focused technology firms. Officials noted additional threats, including a potential "

Global Economic Uncertainty Warned as the "New Normal," IMF Chief Says The head of the International Monetary Fund has issued a stark warning about increasing risks to the global economy, stating that uncertainty has become the new reality. As financial leaders prepare to convene in Washington for the