Airline shares under pressure after surprise Lufthansa profit warning – business live

German carrier warns on “aggressive” growth in low-cost competition 8.38am BST Shares in airlines are on the back foot across Europe after a surprise Lufthansa profit warning overnight.Yields in the European short-haul market, in particular in the grou…

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Airline shares under pressure after surprise Lufthansa profit warning – business live

German carrier warns on “aggressive” growth in low-cost competitionKier Group to cut 1,200 jobs and sell housing divisionParis air show: Airbus reveals orders and new longer-range range modelBrexit: UK growth tipped to slow as firms run down stockpiles…

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Climate crisis: aviation industry hears clamour for electric planes

Shift from fossil fuels top of agenda for Paris air show, industry having lagged behind other sectorsFaced with growing calls for action on the climate crisis, aerospace companies gathering for the Paris air show next week are turning their thoughts to…

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G20 ministers to discuss oil tanker attacks at meeting in Japan – business live

Oil prices continue rise after US blames Iran amid sanctions standoff 8.37am BST The head of the International Energy Agency, Fatih Birol, is in Japan for the G20 meeting of energy ministers.He said the attacks raise concerns for energy security, accor…

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Payday lenders being ‘bombarded’ by spurious claims

Compensation firms said to be looking for next big earner after PPI claims expireCompensation claims management firms looking for the next big earner after the PPI scandal have been accused of bombarding the much-criticised payday lending sector with c…

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