British Airways CEO sells over £2 million of parent IAG shares
British Airways CEO
Sean Doyle sold £2.1 million ($2.8 million) worth of shares in the airline's parent company IAG.
Doyle sold 650,000 shares at about £3.30 each on May 22, IAG said on Wednesday in a stock exchange filing. The move was part of the 2022 long-term incentive plan, mostly awarded in shares, that vests in 2025 and the transaction represented "business as usual", an IAG spokesman said.
IAG has been the top performer on the
Bloomberg World Airlines Index
for the last 12 months, and shares have more than doubled in the last year and a half.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Don't Miss The Top Packaging Trends Of 2024, Enhnace Your Brand With The Latest Insights
Packaging Machines | Search Ads
Search Now
Undo
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
35 minutes ago
- Time of India
NSE vs BSE: Turf war over derivatives market heats up
A rivalry between India's major stock exchanges has entered a high-stakes phase, as they wrestle for control over the derivatives market in potential implications for everything from trading volumes to liquidity flows. The National Stock Exchange of India Ltd. is trying to change the expiration for listed derivative contracts from Thursday to Tuesday — a day traditionally dominated by its smaller bourse BSE Ltd . A shift could help the NSE regain market share from its rival, which has benefited after curbs by the capital markets regulator hit trading of NSE's most-popular options, pushing traders to look for alternatives at the BSE. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Santo André: Quanto vale a sua casa? Descubra agora! Valor da casa | Anúncios de pesquisa Saiba Mais Undo The expiry-day wrangling is more than just a turf war. It can potentially reshape India's options trading by fragmenting liquidity, influencing fee income and forcing brokers to realign their trade execution strategies. For the NSE, retaining its competitive edge becomes crucial ahead of a long-anticipated listing. Bloomberg 'It will only get more competitive from here,' said Maurya Ghelani, derivatives strategist at Kai Securities in Mumbai. 'A lot depends on how the BSE responds, and it may have to contend with ceding some ground back to the NSE.' Derivatives trading accounts for a significant chunk of revenue for both exchanges, with India attracting global quantitative trading firms like Citadel and Jane Street. The NSE has seen a steady decline in its market share in the past year as the securities regulator culled highly traded weekly contracts such as the ones on the NSE Nifty Bank Index, prompting a shift toward options on the S&P BSE Sensex Index. Live Events Since the Securities and Exchange Board of India began its latest curbs to halt the derivatives frenzy, the NSE has struggled to stick to an expiration day. In November, it said it would move it to Thursday for several index derivatives, following BSE's streamlining of its expiries to Tuesday. Then in March, the NSE unexpectedly said it would change its expiration day to Monday, putting it ahead of the BSE's. The move was quickly abandoned as the regulator pushed the exchanges to stick to either Tuesday or Thursday. The news of a new push for a change to Tuesday came last week. The BSE hasn't said whether it will stick to Tuesday or consider moving its expiration to Thursday. The Sebi, which says it aims to protect investor interests and maintain market stability, has yet to announce its decision on the NSE's request to move its expiry day. For his part, NSE Chief Executive Officer Ashish Kumar Chauhan told analysts in its latest earnings call that the market share loss has 'run its course.' Ghelani of Kai Securities said aligning expiry days could lead to new product launches by exchanges and deeper integration among existing ones. Meanwhile, the National Commodity and Derivatives Exchange Ltd. is also planning to enter the fray. While intensified competition may lead to short-term volatility and fragmentation, some say the derivatives market may benefit in the long run. 'More options will bring more opportunities for the trader community,' said Sahaj Agrawal, head of derivatives research at Kotak Securities. 'This could spur innovation and better services for traders.'
Time of India
40 minutes ago
- Time of India
Love Horoscope Today, June 03, 2025: What the stars say about your love life
Aries You may need to reconsider how you communicate in your relationships today. A lack of care in your words could easily be misinterpreted as insensitivity. It's important to express your feelings openly and show your concern. Conversations with your partner may not feel exciting, but the quiet joy of simply being together might be the most meaningful aspect of your bond right now—even if it means adjusting your expectations. Taurus Unexpected expenses may arise today. Don't worry—these financial bumps could actually be valuable lessons in budgeting and self-awareness. Take this as a chance to reflect on your desires and better understand what you're seeking in a partner. Consider reaching out to friends or potential love interests for insight and support. Gemini You may find yourself trying to fix things or prove your worth—but remember, love shouldn't feel like a constant struggle. Shift your focus toward relationships that feel supportive and fulfilling. Surround yourself with people who reciprocate the love and care you give. Never settle—true love has the power to transform your life. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Feirão Solar BV Banco BV Saiba Mais Undo Cancer Cosmic energies might place you in a challenging romantic situation today. Unexpected issues may arise, making your love life feel delicate or uncertain. Take a step back, observe, and analyze before making any decisions. Don't rush—prioritize emotional clarity and your well-being. Your heart knows the way; listen to it. Leo Even though you're deeply committed to your career, don't forget the value of nurturing relationships. Neglecting your social life may lead you to miss out on romantic opportunities. Today, be open to new experiences and step out of your comfort zone—you might encounter someone who adds new meaning to your life. Virgo Your dedication to work is admirable, but it's important to balance it with meaningful connections. If you neglect your social life, you could overlook promising romantic prospects. Make time for yourself and others. Be open to spontaneity—a chance meeting today could lead to a powerful connection. Libra Don't let external challenges damage the bond you share with your partner. Use this time to support each other in pursuing personal goals. Have deep, enriching conversations that strengthen your sense of togetherness. Review your shared routines and respect each other's need for space to maintain harmony. Scorpio Today is ideal for introspection and emotional healing. Reflect on past conflicts and learn from them without letting them shape your future. Self-care should be your priority. Reconnecting with old friends or discovering new interests can be refreshing. Stay open—love has a way of finding you when you least expect it. Sagittarius This is a great day to nurture your physical and emotional connection with your partner. Plan a romantic date or simply enjoy each other's company. As long as mutual support and encouragement continue, your relationship will thrive. If you're single, keep an open heart—you might meet someone unexpectedly and feel instant chemistry. Capricorn Openness and honesty are key to maintaining harmony in your relationship. Now is the time to gently resolve past grievances with empathy and understanding. Seek a balanced dynamic with your partner and within yourself. Intimate moments and shared experiences could rekindle passion and bring a renewed sense of joy. Aquarius Surprising and delightful encounters are likely today. Let your intuition guide you toward genuine connections. Couples will find themselves growing closer and deepening their mutual understanding. If expanding your family has been on your mind, today might be the right time to start planning. Pisces If you're in a budding relationship, you may be more sensitive than usual to small irritations, potentially leading to friction. Try to stay focused on the bigger picture. Before reacting, ask yourself whether these minor issues are worth the energy. As the day progresses, emotional clarity returns, creating a warmer and more loving atmosphere. Discover everything about astrology at the Times of India , including daily horoscopes for Aries , Taurus , Gemini , Cancer , Leo , Virgo , Libra , Scorpio , Sagittarius , Capricorn , Aquarius , and Pisces .
Time of India
an hour ago
- Time of India
Assam, Meghalaya CMs join hands to tackle Guwahati urban flooding
Guwahati: Chief Ministers Assam and Meghalaya agreed to find a solution to the urban flooding issue in Guwahati which benefits both States. The states have agreed to entrust North-Eastern Space Applications Centre (NESAC) to do a proper satellite mapping of the area post which they will request IIT Roorkee to suggest a tangible solution to the issue. Assam chief minister Himanta Biswa Sarma stated in X, 'Held threadbare discussions on several important issues with Chief Minister of Meghalaya Conrad Sangma at the Chief Ministers' Level Meeting in Guwahati. Key takeaways Assam and Meghalaya realise that development in both States is mutually inclusive and we need to work together to move ahead in the path of development Assam and Meghalaya will develop the Kulsi Irrigation project to benefit our farmers, which will be funded by Government of Assam. Both States will jointly build the 55 MW Kulsi Power Project after discussions with the local communities.' He added, ' Of the 6 resolved boundary disputes, some minor hiccups are there which will soon be resolved after discussions between concerned parties and boundary pillars will be marked. The remaining 6 disputed sites will be resolved at a mutually agreeable time .Both States agreed to find a solution to the urban flooding issue in Guwahati which benefits both States. We have agreed to entrust NESAC to do a proper satellite mapping of the area post which we will request IIT Roorkee to suggest a tangible solution to the issue.' by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Memperdagangkan CFD Emas dengan salah satu spread terendah? IC Markets Mendaftar Undo Sarma visited Lakhimpur district on Monday to take stock of the flood situation. He inspected the flood-affected areas of Amtala and Barbila, as well as the submerged areas by the Pahumara River, and interacted with affected residents to understand their situation. He also reviewed the measures implemented by the district administration. It may be noted that a significant portion of the area was inundated due to a breach at the Amtala embankment. Live Events Sarma arrived at Lilabari Airport in Lakhimpur and held a meeting with NEEPCO officials of the Ranganadi Power Plant to discuss water release procedures, technical protocols, coordination with district administration, and prior public notifications. He reviewed NEEPCO's water release procedures and instructed that water be released gradually in phases rather than all at once. He emphasized addressing technical aspects and directed officials to maintain coordination with the district administration for timely public alerts. He also mandated immediate precautionary actions based on rainfall forecasts. This year's floods have submerged 129 villages across five revenue circles in Lakhimpur district, affecting 46,687 people. Additionally, 454.82 hectares of agricultural land and 22,871 livestock have been impacted. The administration has opened three relief camps sheltering 425 people and established 49 relief distribution centers. For rescue operations, one NDRF team and four SDRF teams have been deployed.
