Profits warnings from British Airways owner, Pearson, and Imperial Brands – business live

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British Airways owner IAG warns of €215m profit hit after strikes - business live

Shares in British tobacco company Imperial Brands are also being hammered in early trading, after it issued a profits warning. Imperial has been hit by the regulatory backlash against vaping in the United States, dashing hopes that e-cigarettes would deliver growth.

 

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They say the strike cost them €137m ... wonder how much would it have cost BA if they had accepted the union demands in the first place?

Maybe it should have resolved the dispute without letting it's pilots resort to strike action.

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