Thursday , 18 December 2025

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Clicks surges most after defying tough S African market

Bloomberg Clicks Group Ltd surged the most in 11 years in Johannesburg trading after the retailer said its full-year earnings would rise as much as 18%, despite the tough conditions confronting South African consumers. Clicks rose as much as 13%, the most since October 2008 to the highest since the shares started trading in March 1996. Profits have been boosted …

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EasyJet says profit at top end of forecasts

Bloomberg EasyJet Plc said earnings for the year through September were toward the top end of its forecasts, helped by strikes at British Airways and Ryanair Holdings Plc. The unrest at EasyJet’s biggest rivals spurred demand and sent revenue per seat, a proxy for fares, up 0.8% in the second half despite earlier predictions of a slide, the Luton, England-based …

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Airbus plans venture to help airlines tackle revenue risk

Bloomberg Airbus SE plans to establish a financial venture that will help its airline customers hedge against risks to revenue. The London-based Skytra Ltd operation was incorporated in May, according to filings with Companies House that describe its principal activity as the administration of financial markets. “We are currently examining the feasibility of creating a new infrastructure for financial-risk management …

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