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Weak pound is major draw at London's Frieze art fair
Weak pound is major draw at London's Frieze art fair
World
by  AFP

As the global art world descends on London's Frieze fair this week, the current low value of the UK pound makes buying art in Britain particularly attractive for overseas collectors and dealers. It comes a week before Art Basel holds a major new art fair in the French capital called Paris+, but she said less experienced collectors see Frieze as a safer bet.

India's Infosys plans $1 bn buyback on strong profits
India's Infosys plans $1 bn buyback on strong profits
Business and Economy
by  AFP

Indian outsourcing behemoth Infosys approved a $1 billion share buyback on Thursday after strong quarterly profits that reflected sustained demand for digital services. Chief financial officer Nilanjan Roy said the board had approved an open market share buyback of 93 billion rupees ($1.14 billion) in its meeting before the results announcement.

Easyjet warns of another annual loss
Easyjet warns of another annual loss
Business and Economy
by  AFP

British airline EasyJet on Thursday warned of a third annual loss in a row, as sector-wide disruption and a strong dollar offset a recovery from the pandemic. EasyJet, based in Luton north of London, releases full annual results on November 29.