Money
Heathrow slams TikTok travel “hack”
Heathrow Airport has hit out at a TikTok travel “hack” video and labelled criticism from Ryanair over delays as “bizarre”
London’s Heathrow Airport bosses have taken a swing at Ryanair following criticism of passenger delays.
On Monday, Ryanair executive Neil Sorahan said the airport and the government needed to be held to account for not “staffing up appropriately”.
But Heathrow CEO John Holland-Kaye said it was the responsibility of airlines, not the airport, to hire ground crew.
In an interview with UK broadcaster LBC – he also said people were demanding wheelchairs when they didn’t need them, and this was creating delays for passengers.
“Some of this is because people are using the wheelchair support to try and get FastTrack through the airport, and we need to protect that for the people who most need help.”
JOHN HOLLAND-KAYE, HEATHROW AIRPORT CEO
He also lashed out at a TikTok video travel “hack” that suggested people fake a need for a wheelchair to skip long queues,
“If you go on TikTok that is one of the travel hacks people are recommending – please don’t do that we need to protect the service for the people who need it most.”
JOHN HOLLAND-KAYE, HEATHROW AIRPORT CEO
Heathrow Airport has been at odds with several airlines in recent weeks.
Emirates Airlines had previously said it would ignore Heathrow’s demand to airlines to not sell any more summer tickets.
But Emirates later backed down, instead increasing flights to London’s Gatwick Airport
Money
Markets tumble as Trump tariffs, Greenland rhetoric and Europe backlash collide
U.S. stocks plummet over 800 points amid renewed tariff threats and political tensions from Trump, sparking global trade concerns.
U.S. stocks plummet over 800 points amid renewed tariff threats and political tensions from Trump, sparking global trade concerns.
U.S. equities took a sharp hit as markets reacted to renewed tariff threats and heightened political rhetoric from President Donald Trump. The Dow plunged more than 800 points, with the S&P 500 and Nasdaq also sliding as investor nerves rattled risk assets.
The sell-off highlights growing concern around global trade tensions and geopolitical uncertainty, with markets struggling to price in what comes next for U.S. economic leadership and policy direction.
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Money
Gold hits record highs as investors flee risk
Gold surges amid global uncertainty, with February futures rising 1.71% to $4,674.20 per ounce, signaling safe-haven demand.
Gold surges amid global uncertainty, with February futures rising 1.71% to $4,674.20 per ounce, signaling safe-haven demand.
Gold is shining brighter than ever as investors flock to safe-haven assets amid global uncertainty. U.S. gold futures for February delivery jumped 1.71% to $4,674.20 per ounce, while spot gold rose 1.6% to $4,668.14.
The surge comes as geopolitical tensions continue to worry traders, prompting a rush into metals perceived as stable and secure. Analysts say gold is proving its status as the ultimate hedge during turbulent times.
Investors are closely watching markets as gold sets new benchmarks, signalling growing caution across the financial landscape.
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Money
Markets edge higher as 10-year yields hit new highs
Major stock indices rise slightly; 10-year Treasury yield hits 4.23% amid Fed Chair speculation, affecting small and mega-cap stocks.
Major stock indices rise slightly; 10-year Treasury yield hits 4.23% amid Fed Chair speculation, affecting small and mega-cap stocks.
All major stock indices are starting the week slightly higher, giving investors cautious optimism. Analysts are keeping an eye on movements in small caps and mega-cap tech stocks amid these early gains.
The yield on the 10-year Treasury note has climbed to 4.23%, the highest since last September. This follows Kevin Warsh emerging as the frontrunner for the next Federal Reserve Chair, sparking speculation on future monetary policy.
Rising yields could trigger a pullback in small-cap stocks, while investors may pivot toward mega-cap tech, expected to deliver strong earnings growth. Overall, the market is likely to see a neutral to slightly bearish trend next week due to overbought conditions.
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