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TUI sees solid holiday demand in summer despite cost of living crisis

  Bloomberg TUI AG, the world’s biggest tour operator, said it remains on course to post a profit this year, with bookings and prices looking strong for the rest of the summer even as Europeans suffer a cost of living squeeze. The firm expects to report “significantly positive” underlying earnings before interest and tax for the 12 months through September, ...

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Ahold Delhaize halts Dutch online unit IPO

  Bloomberg Royal Ahold Delhaize NV raised its forecast for the year as it weathered soaring inflation, but pulled plans to publicly list its Dutch e-commerce unit Bol.com due to volatile equity market conditions. The Stop & Shop owner said it now expects underlying earnings per share to grow at a mid-single-digit rate this fiscal year relative to 2021 as ...

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Amazon warehouse walkouts over pay spread across UK

  Bloomberg Hundreds of Amazon.com Inc’s UK workers are planning walkouts in the coming days after logistics workers clashed with managers over pay. A series of walkouts and slowdown protests at seven facilities in Essex, Coventry, Bristol, Swindon, Chesterfield, Warrington and Rugeley last week are expected to be followed by further protests over the coming days, according to warehouse workers ...

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