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Air travel is in high demand, IATA reports

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Lufthansa

Global demand for air travel increased by 5 percent on an annual basis in June, following a revised 4.7 percent increase in May. That was reported by the IATA aviation association. Aircraft worldwide were on average 84.4 percent full. According to IATA, that meant the high occupancy rate for the month of June ever.

Stock update: Jerome Powell message is a key

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The stock exchange in Europe is expected to start on Wednesday. Stock exchanges with small results also appear to be opening. All eyes are on the President of the Federal Reserve (Fed) Jerome Powell who will make a statement to the US House of Representatives later in the day. Investors hope that Powell will provide more clarity about a possible interest step later this month.

Price of iron ore dropped considerably after early advance

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The price of iron ore fell sharply on the futures market in Singapore on Friday. The price came under pressure after a call from the Chinese steel branch association to the Chinese government to “maintain order” on the iron ore market.   The price of a ton of iron ore fell by as much as 6.2 percent to more than $ 107. Monday reached the highest level in five years, partly due to bad...

Insufficient attention for climate risk on stock exchange

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Listed companies have insufficient regard for the climate risks they run. Companies in non-financial sectors in particular are lagging behind in this area, says accounting and consulting firm KPMG after research among companies with an AEX listing.   This includes, for example, the physical risks of extreme weather and its consequences, such as floods, hurricanes and droughts. Companies also...

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