Money

P&O Ferries gearing up to restart vital route

Published

2 years ago

April 7, 2022

ticker NEWS

There’s a nervous wait for those booked to travel on two of P&O Ferries largest ships

P&O says it’s preparing to get its “Pride of Kent” and “Spirit of Britain” ships back in operation “by next week”, to serve the popular Dover-Calais route.

Despite previously failing safety inspections, the operator is confident they will return to service on time.

“P&O has been working closely with regulators to ensure our ships are safe to sail. P&O is looking forward to welcoming back vital services and we expect to have two of our vessels ready to sail on the Dover-Calais route by next week, subject to regulatory signoff,”
– P&O.

The ships still need to pass new checks before they can set sail. Many travellers are nervous after learning the news that there has not yet been any confirmation that the inspections, which can take days, have even been booked in.

But the company has stressed there is no need to panic, confident the ships will set sail.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

5 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

5 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

6 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending