Thursday 10.30 BST. Global stocks are in sharp retreat, led by a savage plunge in Tokyo, as traders are spooked by the prospect of reduced central bank support and a slowing Chinese economy.
China's manufacturing is contracting in May for the first time in seven months, adding to signs that economic growth is losing steam for a second quarter.
Global markets fell after weak Chinese data and worries that the US Federal Reserve may slow its monetary stimulus. In Asia, the fall was led by Japan's Nikkei index, which closed down 7.3%, having fallen as much as 10%.
The company sold its slots at the London airport to Easyjet for �20m, blaming an increase in airport charges. Flybe operates three flights a day from the resort to London Gatwick.
Thu May 23, 2013 6:21am EDT. * Sees margin improvement of 20-50 basis points this year. * EPS 238.7 U.S. cents vs 239 Thomson Reuters forecast.