Consumer Stocks

Which FTSE travel stocks to buy ahead of major changes in rules?

 Which FTSE travel stocks to buy ahead of major changes in rules?

Highlights  Travel rules in the UK are set to change ahead of October half-term break, which might benefit the listed travel stocks. The number of countries on the red list might also be reduced further from the current number of 62 countr...

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Reckitt Benckiser shares crash to 16-month low as Q2 sales dive 8%

Reckitt Benckiser shares crash to 16-month low as Q2 sales dive 8%

Summary  Reckitt Benckiser shares crashed 10% on Tuesday, 27 July The stock extended losses after opening 7% lower in the wee hours of trading Net revenue of company slipped 8.2% to GBP 3,092m in Q2 FY21 Shares of Reckitt Benckiser P...

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Phillip Morris’s boss vows for cigarettes free world in 10 years: Needle on 2 FTSE tobacco stocks

Phillip Morris’s boss vows for cigarettes free world in 10 years: Needle on 2 FTSE tobacco stocks

Summary  Marlboro cigarettes would not be available in England within ten years, CEO of its maker Phillip Morris International Jacek Olczak said. Olczak said non-smoking alternatives with the right information and rules can replace cigaret...

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Fintech unicorn Revolut enters travel industry after fresh round of funding

Fintech unicorn Revolut enters travel industry after fresh round of funding

Summary UK’s leading fintech company, Revolut, has entered the travel industry with its new ‘Stays’ feature. Recently, its valuation has touched £24 billion, making it the second largest fintech in Europe. Following...

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Why Hotel Chocolat’s (LON: HOTC) shares are buzzing

Why Hotel Chocolat’s (LON: HOTC) shares are buzzing

UK-based chocolate maker Hotel Chocolat Group PLC (LON: HOTC)’s shares continued their decline for the second day, reacting to further announcement of the completion of its equity fundraising. A day after the company announced it was plannin...

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All about Hyundai new EV: Ioniq 5

All about Hyundai new EV: Ioniq 5

Summary  The EV pack supplies 77.4 kWh and can be charged up to 80% within 18 minutes. Set on the new Electric Global Modular Platform (E-GMP), the vehicle is 4,635mm long and 1,890mm wide. South Korea's Hyundai Motor Group is on a ro...

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5 FTSE travel stocks reeling under pressure with the rise in Covid cases

5 FTSE travel stocks reeling under pressure with the rise in Covid cases

Summary Global indices were down on concerns regarding the resurgence of Covid-19, high inflation, and high commodity prices. Stocks like Carnival, TUI, among others, are trading at discount despite the UK removing all restrictions. EasyJe...

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EasyJet’s (LON: EZJ) shares tumble 6.62% on Covid-19 woes

EasyJet’s (LON: EZJ) shares tumble 6.62% on Covid-19 woes

Summary  EasyJet’s share price fell 6.62 per cent on 19 July as pandemic fears rattled the UK stock market. The shares are trading 29.68% lower than the 52-week high reached on 7 May 2021. For the six months ending 31 March 2021, co...

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What are the top 10 FTSE technology stocks?

What are the top 10 FTSE technology stocks?

Summary Tech stocks have gained favour amid the pandemic due to companies heavily relying on technology to manage an uncertain economic environment. The LSE has seen a rise in the listing of tech IPOs since 2020. Technology stocks in the U...

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Why these five travel stocks are flying high

Why these five travel stocks are flying high

Summary Travel from the UK will become quarantine-free from 19 July onwards for the fully vaccinated people. After the announcement, amber list destinations bookings for holidays increased by almost 400%. UK government has announced that f...

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Spotlight on 3 Covid-sensitive stocks as Delta cases rise

Spotlight on 3 Covid-sensitive stocks as Delta cases rise

Summary The UK reported a sudden spike in the delta variant cases as compared to the previous week. One of the reasons for the sudden spike in cases is large gathering during the ongoing EURO championship at stadiums and pubs. Delta varian...

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