Top European AeroEngine Stocks According to Barclays

The Australian dollar is poised to climb back toward a 35-year high against the yen as the impact of Tokyo’s currency intervention fades and the Reserve Bank of Australia’s hawkish stance bolsters the exchange rate, according to strategists.

EasyJet shares jumped nearly 10% after the airline reached an agreement in principle with US investment firm Castlelake over a potential $7.3 billion acquisition. Castlelake’s revised offer of £6.90 per share represents a nearly 24% premium to easyJet’s previous closing price.

The ride-hailing services provider has ​stepped up spending on incentives and loyalty programs to attract and retain customers and sustain ​growth.