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IHG sees RevPAR growth slow in Q1
Hotels giant InterContinental Hotels Group reported a substantial easing in revenue per available room (RevPAR) growth in the first quarter as weakness in the Americas and a big slowdown in China limited progress.
London pre-open; Stocks seen up as investors eye payrolls
London stocks were set for a firmer open on Friday following a positive session on Wall Street, as investors eyed the latest US non-farm payrolls report.
Trainline revenue tops expectations, Mondi sales volumes rise
London open The FTSE 100 is expected to open 14 points higher on Friday, having closed up 0. 63% on Thursday at 8,172. 15.
Friday newspaper round-up: Paramount Global, Apple, Coutts
Paramount Global’s share price soared on Thursday following a report that Sony Pictures and Apollo Global Management had made a $26bn offer for the troubled media giant. According to the Wall Street Journal, the offer was made on Wednesday by Sony’s chief executive, Tony Vinciquerra, and Aaron Sobel, a partner at Apollo. Paramount’s shares rose 12% on the news. – Guardian.