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Wizz Air issues profits warning due to Middle East crisis; China ‘tells refiners to halt diesel and gasoline exports’ – business live

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Rolling coverage of the latest economic and financial news

Shares in Wizz Air have fallen by 6% at the start of trading, as traders react to last night’s profit warning (see here).

Other airlines are down too, with this morning’s rise in the oil price threatening to push up their costs. IAG, British Airways’ parent company, are down 2.6% while easyJet has lost 2.9%.

Continue reading…Rolling coverage of the latest economic and financial newsMiddle East crisis live: Israel launches fresh strikes on Tehran; Iran claims to have targeted Kurdish groups in IraqShares in Wizz Air have fallen by 6% at the start of trading, as traders react to last night’s profit warning (see here).Other airlines are down too, with this morning’s rise in the oil price threatening to push up their costs. IAG, British Airways’ parent company, are down 2.6% while easyJet has lost 2.9%. Continue reading…