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US travel pain grows over winter storm

Bloomberg A one-two punch of bad weather and longer airport security lines mean it’ll be a miserable weekend for many travellers in the US. Winter storm Harper, a blizzard that the National Weather Service expects to travel from the Midwest through New England and the Northeast, may leave up to 18 inches of snow. In addition, severe thunderstorms with damaging ...

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UK retail property values may be slashed, says Sunday Times

Bloomberg Values of UK shopping centres and high street stores could be reduced significantly after property agents were told to reflect the seismic changes sweeping the retail industry, the Sunday Times reported. The Royal Institution of Chartered Surveyors told valuers to be “aware of the potential for significant changes in value” in retail properties, the newspaper reported, without saying where ...

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Ryanair shares drop after cutting outlook

Bloomberg Ryanair Holdings Plc shares dropped to a four-year low after the airline cut its full-year profit guidance, citing an industrywide slump in ticket prices and over-capacity across Europe this winter. The region’s biggest discount airline now expects an after-tax profit in the range of $1.1 billion to 1.1 billion euros, excluding its new Lauda unit, for the year through ...

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