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.
Flybe has announced the sale of all its take-off and landing slots at London Gatwick airport to Easyjet for £20m. The sale is part of a cost-cutting programme for the airline.
By Richard Hubbard. LONDON | Thu May 23, 2013 6:20am EDT. LONDON (Reuters) - Share markets fell sharply on Thursday as investors piled back into safer assets, unnerved by the twin setbacks of unexpected weakness in China's economy and signals ...
Faced with challenging conditions in Europe and the US, the world's second largest brewer, SAB Miller, has been looking for growth in alternative markets.