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One thing we could say about the analysts on Amadeus IT Group, S.A. (BME:AMS) - they aren't optimistic, having just...
Chalk up another blown-up travel-related acquisition deal to the coronavirus pandemic. In this one, Maine-based Wex Inc. informed the UK's Travelport that it will not close on its $1.7 billion agreement to buy eNett and Optal, payment solutions providers, because the Covid-19 pandemic created a materially adverse effect. Travelport, which controls eNett, and Optal shareholders, […]
You can share your thoughts Joice Alves (joice.alves@thomsonreuters.com) and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London and Stefano Rebaudo (stefano.rebaudo@thomsonreuters.com) in Milan. Although they usually are indicators of a risk-off coronavirus session, defensive sectors like pharmaceuticals, utilities and telecoms are outperforming and helping the market rise and offset losses in travel and leisure notably. Thyssenkrupp was also the top loser for a while after its trading update.