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European natural gas ends June with 30% rise

BLOOMBERG European natural gas logged its biggest monthly gain since last summer, near the height of the region’s energy crisis, following the most volatile stretch for trading this year. Benchmark futures ended in June more than 30% higher, after prices spiked almost 8%. It’s the first monthly increase since March and the largest jump since last July. The past few ...

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US flight delays, cancellations are getting worse ahead of July 4th travel

BLOOMBERG US airlines continued to grapple with flight disruptions heading into the busy weekend ahead of Independence Day, keeping the industry on edge even as the recent volatility driven by bad weather and air-traffic control limits showed signs of subsiding. United Airlines Holdings cancelled 8% of its flights as of mid-afternoon on June 30 and delayed 21%, according to data ...

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Nike shows sales strength; profit falls short of estimates

BLOOMBERG Nike Inc fell the most in the Dow Jones Industrial Average after the athletic-gear maker’s outlook for the full year failed to win over Wall Street. Full-year revenue for fiscal 2024 should grow in the mid-single digits, led by its direct-to-consumer business, Chief Financial Officer Matthew Friend told analysts during a conference call. Analysts project growth of close to ...

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