EasyJet Plc’s strategy of serving Alpine resorts has produced a 20 percent jump in ski traffic over five years, helping it avoid the winter slump that causes competitor Ryanair Holdings Plc to ground one in four planes.
Train passengers going from England to France will have wireless access in the Channel Tunnel, about 100 meters (330 feet) below sea level, starting in March after Vodafone Group Plc and EE won a 10-year deal to provide service.
Britain plans to sell its 40 percent stake in Channel Tunnel express train operator Eurostar Group Ltd. as it seeks to improve transport links and raise billions of pounds from asset disposals after paring state spending.
The U.K.’s largest insurance companies will invest 25 billion pounds ($41 billion) in infrastructure, the government announced as it prepares to publish new plans for projects from energy and transport to communications.
New York Attorney General Andrew Cuomo asked a judge to rule without trial that Ezra Merkin and his Gabriel Capital Corp. engaged in fraud by secretly placing client funds with swindler Bernard Madoff.
Eurostar Group Ltd., the operator of high-speed trains through the Channel Tunnel, won conditional approval from the European Union to adopt a single-company structure aimed at helping it compete with new market entrants.
Eurostar Group Ltd., the operator of high-speed trains through the Channel Tunnel, will spend 700 million pounds ($1.1 billion) to buy 10 new expresses and add routes in a bid to fend off competition from Deutsche Bahn AG .