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TUI holds outlook as customers book later
Read the full story: TUI holds outlook as customers book laterTUI has maintained guidance despite weaker third-quarter profit and bookings. Customers are making travel decisions later as geopolitical disruption and consumer caution reshape demand, while the group continues to expect €1.1bn–€1.4bn of annual underlying EBIT.
Latest stories —
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UK commits £200M to Acorn carbon capture project, advancing net zero goals
The UK government has pledged £200 million to the Acorn…
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Exclusive: Investment in cybersecurity drives £27bn enhancement for UK companies
According to exclusive insights provided to City A.M. by cybersecurity…
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Business rates to hammer the West End: ‘This whole policy is nuts’
A rise in business rates for more expensive properties is…
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Energy transition investor Quinbrook appoints Brian Restall as first CEO
Quinbrook Infrastructure Partners, an investor concentrating on energy transition, has…
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AI could lead to more job cuts at BT, says chief executive
BT boss Allison Kirkby signals more job losses could follow…
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Nasdaq launches carbon credit education platform
Nasdaq, the technology and exchange giant in capital markets, has…
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Within the privacy hazards of Meta’s latest AI application
Meta’s foray into consumer-oriented AI has raised alarms among privacy…
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SBTi launches draft net zero standard for automotive sector
The Science Based Targets initiative (SBTi) has unveiled its initial…
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Reeves’ tax hikes lead to spike in pubs going bust
The series of tax hikes introduced by Chancellor Rachel Reeves…
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Basel Committee releases voluntary framework for banks’ disclosure of climate risks
The Basel Committee on Banking Supervision, the core global authority…
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Leadership —
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ustwo adds DeepMind executive to oversee AI
ustwo has appointed dedicated board oversight for artificial intelligence strategy. Google DeepMind executive Simon Bouton becomes the studio’s first AI non-executive director as governance, commercial value, and responsible deployment move deeper into board responsibilities.
