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Business Video

TUIfly seeks to cut 1,000 staff - sources

Tour operator TUI's airline TUIfly is seeking to cut around 1,000 jobs as part of a cost cut plan to halve its fleet of aircraft, three sources familiar with the matter told Reuters on Friday.

Surprise U.S. unemployment rate drop leaves out blacks, Asians

The U.S. unemployment rate dropped unexpectedly in May, but not all workers benefited equally as joblessness among African Americans and Asians rose, signaling some minorities face a longer recovery as the economy slowly rebounds from the coronavirus shutdowns.

Markets

FTSE 100 » 6,484.30 +2.25%
Euro Stox » 1,461.07 +2.47%
S&P » 3,192.48 +2.57%
Nikkei 225 » 22,863.73 +0.74%
GB 10YR
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+0.006
DE 10YR
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-0.011
JP 10YR
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-0.002
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GBP / JPY » 138.8300 +1.01%

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