Eecx A King rsquo  windfall: Turbines help Crown Estate to record payday. Here rsquo  how much King Charles gets
Wednesday 10 August 2022 7:20 am|Updated:Wednesday 10 August 2022 2:41 pmHostelworld eyes operational profitability later this year as travel demand reboundsBy: Emily HawkinsShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailOnline travel agency Hostelworld Group has traded ahead of expectations during the preliminary year, thanks to an increas polene store e in demand for travel in Asia.Travel platform Hostelworld has said it hopes t owala flasche o be profitable at an operational level in the second half of the year, as holidaymakers have returned in recent months.In interim results, the London-listed company said net revenue hit euro;28m in the period, compared to just euro;2.9m the previous year, as travel restrictions eased.While overall EBITDA was negative for the first half, June was positive after a surge in bookings that month.The company posted an adjusted EBITDA loss of euro;5.2m, slimmer than the euro;9.7m loss posted in the first half of 2021.Providing there was no further deterioration in the macro-economic situation, disruption to airline schedules, or escalation of the conflict in Ukraine, the firm expects to be EBITDA positive in the second half of 2022, Gary Morrison, chief executive officer, said.He added: The trends in the first half of 2022 are encouraging and indicate that where markets open up for travel, demand will recover to 2019 levels and that we can polene france  gain our share of that g Eahh Jeremy Corbyn looks set to run against Labour in Islington North
Wednesday 17 April 2019 1:33 pm|Updated:Monday 03 June 2019 1:00 amBNY Mellon suffers 20 per cent profit fall in lsquo;mixedrsquo; first quarter as fee revenue dropsUS bank BNY Mellon has reported a 20 per cent profit fall in the first quarter of the year led by a drop in fee revenue.Chief executive Charlie Scharf admitted the bankrsquo  performance was mixed and that revenue growth would be negatively impacted for the ne polene bags xt several quarters.Read more: Goldman Sachs profits fall 20 per cent as bank cuts staff payThe New York-based bank posted $910m  pound;697m  profit in the first three months of 2019, compared with $1.14bn over the same period the previous year and below analystsrsquo; forecasts.Fee revenue dropped nine per cent $3.03bn dragging total revenue down seven per cent to $3.9bn in the first quarter.BNY Mellon said asset under management outflows and lower client activity drove the decrease.The bank s investment management division suffered the sharpest revenu stanley canada e drop, falling 14 per cent.Scharf said: Our performance this quarter was mixed. Several of our fee-based metrics in investment services were consistent with recent results, while we experienced weakness in investment management and net interest income.Read more: Bank of Ame polene cyme rica reports 25 per cent rise in consumer banking revenueHe added: While the current expectations for the yield curve will likely negatively impact our revenue growth for the next several quarters, we will r

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