Virgin Atlantic drops mandatory makeup rule for female flight attendants

The airline Virgin Atlantic has dropped its requirement for female cabin crew to wear makeup on flights. Women will also be offered trousers as part of their uniform automatically, rather than only on request. The Westwood uniform in 2014 was described as having an “extremely feminine” silhouette “to fit all shapes and sizes.” Airline founder Richard Branson appeared at its launch with Westwood and Debbie Harry, the lead singer of Blondie. Virgin Atlantic’s website describes its requirements for


The airline Virgin Atlantic has dropped its requirement for female cabin crew to wear makeup on flights. Women will also be offered trousers as part of their uniform automatically, rather than only on request. The Westwood uniform in 2014 was described as having an “extremely feminine” silhouette “to fit all shapes and sizes.” Airline founder Richard Branson appeared at its launch with Westwood and Debbie Harry, the lead singer of Blondie. Virgin Atlantic’s website describes its requirements for
Virgin Atlantic drops mandatory makeup rule for female flight attendants Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-05  Authors: lucy handley
Keywords: news, cnbc, companies, rule, female, provide, drops, website, guidelines, makeup, attendants, atlantic, airline, spokesperson, requirements, virgin, uniform, westwood, team, flight, mandatory


Virgin Atlantic drops mandatory makeup rule for female flight attendants

The airline Virgin Atlantic has dropped its requirement for female cabin crew to wear makeup on flights.

Women will also be offered trousers as part of their uniform automatically, rather than only on request.

The airline said the revised guidelines were a “significant change for the aviation industry,” after “listening to the views of our people,” according to a spokesperson in a statement emailed to CNBC.

“Not only do the new guidelines offer an increased level of comfort, they also provide our team with more choice on how they want to express themselves at work,” the spokesperson said.

The uniforms were first designed by Arabella Pollen in 1984, who also launched the company’s signature bright red color.

Since then, designers have included John Rocha, Vivienne Westwood and David and Elizabeth Emanuel, the team that created Princess Diana’s wedding dress. The Westwood uniform in 2014 was described as having an “extremely feminine” silhouette “to fit all shapes and sizes.” Airline founder Richard Branson appeared at its launch with Westwood and Debbie Harry, the lead singer of Blondie.

Virgin Atlantic’s website describes its requirements for cabin crew as people who can provide “fantastic service,” are over 18 and are fluent in English. It does not detail any requirements for appearance.

American Airlines, meanwhile, states on its careers website that flight attendant trainees must “present a professional image, may not have visible tattoos, facial, multiple or upper ear piercing, or extreme hair color or style while in flight attendant uniform.”


Company: cnbc, Activity: cnbc, Date: 2019-03-05  Authors: lucy handley
Keywords: news, cnbc, companies, rule, female, provide, drops, website, guidelines, makeup, attendants, atlantic, airline, spokesperson, requirements, virgin, uniform, westwood, team, flight, mandatory


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Richard Branson’s Virgin Galactic reaches space again, this time with first test passenger

Two months after the inaugural spaceflight, Virgin Galactic’s spacecraft Unity has done it again. Virgin Galactic sent three human beings on Unity for the first time in Friday’s supersonic test flight, which reached three times the speed of sound on its way up. “Beth Moses is on board as a crew member,” a Virgin Galactic spokeswoman told CNBC. This is the first time Virgin Galactic carried three human beings on its ride to the edge of space. Virgin Galactic’s spacecraft Unity holds up to six pas


Two months after the inaugural spaceflight, Virgin Galactic’s spacecraft Unity has done it again. Virgin Galactic sent three human beings on Unity for the first time in Friday’s supersonic test flight, which reached three times the speed of sound on its way up. “Beth Moses is on board as a crew member,” a Virgin Galactic spokeswoman told CNBC. This is the first time Virgin Galactic carried three human beings on its ride to the edge of space. Virgin Galactic’s spacecraft Unity holds up to six pas
Richard Branson’s Virgin Galactic reaches space again, this time with first test passenger Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: michael sheetz, source, virgin galactic
Keywords: news, cnbc, companies, richard, virgin, spacecraft, pilots, galactics, flight, reaches, unity, test, passenger, galactic, bransons, moses, space, spaceflight


Richard Branson's Virgin Galactic reaches space again, this time with first test passenger

Two months after the inaugural spaceflight, Virgin Galactic’s spacecraft Unity has done it again.

Virgin Galactic sent three human beings on Unity for the first time in Friday’s supersonic test flight, which reached three times the speed of sound on its way up. Just before the flight, Richard Branson’s space tourism company told CNBC that astronaut trainer Beth Moses is on the company’s spacecraft Unity, along with the two pilots.

“Beth Moses is on board as a crew member,” a Virgin Galactic spokeswoman told CNBC. “She will be doing validation of some of the cabin design elements.”

This is the first time Virgin Galactic carried three human beings on its ride to the edge of space. In previous test flights, the two pilots were the only ones inside of the spacecraft.

Virgin Galactic’s spacecraft Unity holds up to six passengers along with the two pilots. As the company has more than 600 would-be astronauts signed on to launch, Moses’ work is key to preparing Virgin Galactic for commercial operations. Tickets for Virgin Galactic’s flights are priced at $250,000 each.

Pilots Dave Mackay and Michael “Sooch” Masucci also became astronauts, as the company said the test flight reached an altitude of 55.9 miles, or nearly 90 kilometers. MacKay, Masucci and Moses join a list of less than 600 human beings who have flown in space.

The U.S. officially consider pilots who have flown above 80 kilometers to be astronauts. Following Virgin Galactic’s first successful spaceflight in December, the Department of Transportation awarded pilots Mark Stucky and C.J Sturckow with commercial astronaut wings – only the third and fourth such people recognized as private astronauts.

Unity also carried NASA-funded payloads on this mission. Under NASA’s Flight Opportunities program, four experiments flew on board the spacecraft. NASA said that most of these same experiments flew on Unity’s first spaceflight, while two also launched on Blue Origin’s rocket test flight in January.

“Regular access to reduced-gravity lets researchers collect data needed to mature their technologies for use in deep space,” NASA said in a statement.


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: michael sheetz, source, virgin galactic
Keywords: news, cnbc, companies, richard, virgin, spacecraft, pilots, galactics, flight, reaches, unity, test, passenger, galactic, bransons, moses, space, spaceflight


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Richard Branson’s Virgin Galactic reaches space again, this time with first test passenger

Two months after the inaugural spaceflight, Virgin Galactic’s spacecraft Unity has done it again. Virgin Galactic sent three human beings on Unity for the first time in Friday’s supersonic test flight, which reached three times the speed of sound on its way up. “Beth Moses is on board as a crew member,” a Virgin Galactic spokeswoman told CNBC. This is the first time Virgin Galactic carried three human beings on its ride to the edge of space. Virgin Galactic’s spacecraft Unity holds up to six pas


Two months after the inaugural spaceflight, Virgin Galactic’s spacecraft Unity has done it again. Virgin Galactic sent three human beings on Unity for the first time in Friday’s supersonic test flight, which reached three times the speed of sound on its way up. “Beth Moses is on board as a crew member,” a Virgin Galactic spokeswoman told CNBC. This is the first time Virgin Galactic carried three human beings on its ride to the edge of space. Virgin Galactic’s spacecraft Unity holds up to six pas
Richard Branson’s Virgin Galactic reaches space again, this time with first test passenger Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: michael sheetz, source, virgin galactic
Keywords: news, cnbc, companies, richard, virgin, spacecraft, pilots, galactics, flight, reaches, unity, test, passenger, galactic, bransons, moses, space, spaceflight


Richard Branson's Virgin Galactic reaches space again, this time with first test passenger

Two months after the inaugural spaceflight, Virgin Galactic’s spacecraft Unity has done it again.

Virgin Galactic sent three human beings on Unity for the first time in Friday’s supersonic test flight, which reached three times the speed of sound on its way up. Just before the flight, Richard Branson’s space tourism company told CNBC that astronaut trainer Beth Moses is on the company’s spacecraft Unity, along with the two pilots.

“Beth Moses is on board as a crew member,” a Virgin Galactic spokeswoman told CNBC. “She will be doing validation of some of the cabin design elements.”

This is the first time Virgin Galactic carried three human beings on its ride to the edge of space. In previous test flights, the two pilots were the only ones inside of the spacecraft.

Virgin Galactic’s spacecraft Unity holds up to six passengers along with the two pilots. As the company has more than 600 would-be astronauts signed on to launch, Moses’ work is key to preparing Virgin Galactic for commercial operations. Tickets for Virgin Galactic’s flights are priced at $250,000 each.

Pilots Dave Mackay and Michael “Sooch” Masucci also became astronauts, as the company said the test flight reached an altitude of 55.9 miles, or nearly 90 kilometers. MacKay, Masucci and Moses join a list of less than 600 human beings who have flown in space.

The U.S. officially consider pilots who have flown above 80 kilometers to be astronauts. Following Virgin Galactic’s first successful spaceflight in December, the Department of Transportation awarded pilots Mark Stucky and C.J Sturckow with commercial astronaut wings – only the third and fourth such people recognized as private astronauts.

Unity also carried NASA-funded payloads on this mission. Under NASA’s Flight Opportunities program, four experiments flew on board the spacecraft. NASA said that most of these same experiments flew on Unity’s first spaceflight, while two also launched on Blue Origin’s rocket test flight in January.

“Regular access to reduced-gravity lets researchers collect data needed to mature their technologies for use in deep space,” NASA said in a statement.


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: michael sheetz, source, virgin galactic
Keywords: news, cnbc, companies, richard, virgin, spacecraft, pilots, galactics, flight, reaches, unity, test, passenger, galactic, bransons, moses, space, spaceflight


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Virgin Galactic astronauts describe ‘surreal’ spaceflight: ‘The views are absolutely extraordinary’

Virgin Galactic sends its first test passenger to the edge of space 6 Hours Ago | 01:31Virgin Galactic sent a test passenger on a spaceflight Friday for the first time ever, taking another large step toward sending paying customers to space. Only hours after the flight on the vehicle owned by billionaire Richard Branson’s company, the three crew members spoke to CNBC about their experience. The crew included chief astronaut trainer Beth Moses, chief pilot Dave Mackay and lead trainer pilot Micha


Virgin Galactic sends its first test passenger to the edge of space 6 Hours Ago | 01:31Virgin Galactic sent a test passenger on a spaceflight Friday for the first time ever, taking another large step toward sending paying customers to space. Only hours after the flight on the vehicle owned by billionaire Richard Branson’s company, the three crew members spoke to CNBC about their experience. The crew included chief astronaut trainer Beth Moses, chief pilot Dave Mackay and lead trainer pilot Micha
Virgin Galactic astronauts describe ‘surreal’ spaceflight: ‘The views are absolutely extraordinary’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: michael sheetz, source, virgin galactic, virgin group
Keywords: news, cnbc, companies, masucci, astronauts, took, pilot, space, virgin, absolutely, galactic, test, moses, passenger, views, spaceflight, extraordinary, surreal, really, trainer


Virgin Galactic astronauts describe 'surreal' spaceflight: 'The views are absolutely extraordinary'

Virgin Galactic sends its first test passenger to the edge of space 6 Hours Ago | 01:31

Virgin Galactic sent a test passenger on a spaceflight Friday for the first time ever, taking another large step toward sending paying customers to space.

Only hours after the flight on the vehicle owned by billionaire Richard Branson’s company, the three crew members spoke to CNBC about their experience. The crew included chief astronaut trainer Beth Moses, chief pilot Dave Mackay and lead trainer pilot Michael “Sooch” Masucci, and it was the maiden spaceflight for all three of them.

Needless to say, their first impressions were dazzling.

“The Earth was so beautiful and so clear,” Moses said. “It was sensationally intense.”

Mackay stated: “It’s the first time I’ve been in space and the views are absolutely extraordinary. It’s an extraordinary experience.”

And Masucci added that “it really was very surreal. What I really took away was how quiet it was … I just took away the peacefulness.”


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: michael sheetz, source, virgin galactic, virgin group
Keywords: news, cnbc, companies, masucci, astronauts, took, pilot, space, virgin, absolutely, galactic, test, moses, passenger, views, spaceflight, extraordinary, surreal, really, trainer


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Virgin Galactic astronauts describe ‘surreal’ spaceflight: ‘The views are absolutely extraordinary’

Virgin Galactic sends its first test passenger to the edge of space 7 Hours Ago | 01:31Virgin Galactic sent a test passenger on a spaceflight Friday for the first time ever, taking another large step toward sending paying customers to space. Only hours after the flight on the vehicle owned by billionaire Richard Branson’s company, the three crew members spoke to CNBC about their experience. The crew included chief astronaut trainer Beth Moses, chief pilot Dave Mackay and lead trainer pilot Micha


Virgin Galactic sends its first test passenger to the edge of space 7 Hours Ago | 01:31Virgin Galactic sent a test passenger on a spaceflight Friday for the first time ever, taking another large step toward sending paying customers to space. Only hours after the flight on the vehicle owned by billionaire Richard Branson’s company, the three crew members spoke to CNBC about their experience. The crew included chief astronaut trainer Beth Moses, chief pilot Dave Mackay and lead trainer pilot Micha
Virgin Galactic astronauts describe ‘surreal’ spaceflight: ‘The views are absolutely extraordinary’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: michael sheetz, source, virgin galactic, virgin group
Keywords: news, cnbc, companies, masucci, astronauts, took, pilot, space, virgin, absolutely, galactic, test, moses, passenger, views, spaceflight, extraordinary, surreal, really, trainer


Virgin Galactic astronauts describe 'surreal' spaceflight: 'The views are absolutely extraordinary'

Virgin Galactic sends its first test passenger to the edge of space 7 Hours Ago | 01:31

Virgin Galactic sent a test passenger on a spaceflight Friday for the first time ever, taking another large step toward sending paying customers to space.

Only hours after the flight on the vehicle owned by billionaire Richard Branson’s company, the three crew members spoke to CNBC about their experience. The crew included chief astronaut trainer Beth Moses, chief pilot Dave Mackay and lead trainer pilot Michael “Sooch” Masucci, and it was the maiden spaceflight for all three of them.

Needless to say, their first impressions were dazzling.

“The Earth was so beautiful and so clear,” Moses said. “It was sensationally intense.”

Mackay stated: “It’s the first time I’ve been in space and the views are absolutely extraordinary. It’s an extraordinary experience.”

And Masucci added that “it really was very surreal. What I really took away was how quiet it was … I just took away the peacefulness.”


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: michael sheetz, source, virgin galactic, virgin group
Keywords: news, cnbc, companies, masucci, astronauts, took, pilot, space, virgin, absolutely, galactic, test, moses, passenger, views, spaceflight, extraordinary, surreal, really, trainer


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Richard Branson: World’s wealthiest ‘deserve heavy taxes’ if they fail to make capitalism more inclusive

Virgin Group founder Richard Branson is part of the growing circle of elite business players questioning wealth disparity in the world today. “We have to try and do everything we can to lift the vast majority of people up, when for the last few years the vast majority have not seen their living standards improve,” Branson told an audience on Tuesday evening. “I don’t think we should throw out capitalism. But for those of us who are fortunate to have made wealth, we have a responsibility to throw


Virgin Group founder Richard Branson is part of the growing circle of elite business players questioning wealth disparity in the world today. “We have to try and do everything we can to lift the vast majority of people up, when for the last few years the vast majority have not seen their living standards improve,” Branson told an audience on Tuesday evening. “I don’t think we should throw out capitalism. But for those of us who are fortunate to have made wealth, we have a responsibility to throw
Richard Branson: World’s wealthiest ‘deserve heavy taxes’ if they fail to make capitalism more inclusive Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-13  Authors: natasha turak, cameron costa, adam galica, ira l black – corbis, corbis news, getty images
Keywords: news, cnbc, companies, majority, richard, capitalism, taxes, fail, deserve, throw, inclusive, branson, world, wealthiest, worlds, wealth, virgin, vast, weighed, dont, weekwe, heavy


Richard Branson: World's wealthiest 'deserve heavy taxes' if they fail to make capitalism more inclusive

Virgin Group founder Richard Branson is part of the growing circle of elite business players questioning wealth disparity in the world today.

Amid heated debate about whether the rich should be more highly taxed, the billionaire philanthropist weighed in with his own view during the Milken Institute Summit in Abu Dhabi this week.

“We have to try and do everything we can to lift the vast majority of people up, when for the last few years the vast majority have not seen their living standards improve,” Branson told an audience on Tuesday evening.

“I don’t think we should throw out capitalism. But for those of us who are fortunate to have made wealth, we have a responsibility to throw that out there and tackle some of the great problems. If we don’t do that, then we deserve to have very heavy taxes leveled on us.”


Company: cnbc, Activity: cnbc, Date: 2019-02-13  Authors: natasha turak, cameron costa, adam galica, ira l black – corbis, corbis news, getty images
Keywords: news, cnbc, companies, majority, richard, capitalism, taxes, fail, deserve, throw, inclusive, branson, world, wealthiest, worlds, wealth, virgin, vast, weighed, dont, weekwe, heavy


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Richard Branson talks small rockets with the Air Force, which has ‘huge money to invest’ in space

The U.S. military is more interested than ever before in stepping up investment in space startups, especially with the number of private companies building small rockets. Last month, Virgin Group founder Sir Richard Branson met with Air Force leadership to discuss the capabilities of Branson’s small rocket builder, Virgin Orbit. “I am very excited about small launch,” Roper said on Wednesday. Typically priced between $3 million and $10 million per launch, small rockets provide a direct method of


The U.S. military is more interested than ever before in stepping up investment in space startups, especially with the number of private companies building small rockets. Last month, Virgin Group founder Sir Richard Branson met with Air Force leadership to discuss the capabilities of Branson’s small rocket builder, Virgin Orbit. “I am very excited about small launch,” Roper said on Wednesday. Typically priced between $3 million and $10 million per launch, small rockets provide a direct method of
Richard Branson talks small rockets with the Air Force, which has ‘huge money to invest’ in space Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-07  Authors: michael sheetz, amanda macias, virgin orbit
Keywords: news, cnbc, companies, launch, talks, money, huge, orbit, roper, rocket, invest, virgin, richard, force, small, air, space, rockets, companies, branson


Richard Branson talks small rockets with the Air Force, which has 'huge money to invest' in space

The U.S. military is more interested than ever before in stepping up investment in space startups, especially with the number of private companies building small rockets.

Last month, Virgin Group founder Sir Richard Branson met with Air Force leadership to discuss the capabilities of Branson’s small rocket builder, Virgin Orbit. The meeting between Branson and Secretary Heather Wilson, the Air Force’s top civilian, took place on Jan. 17, the Air Force told CNBC. Branson also met with Dr. Will Roper, the Air Force’s acquisition head.

“I am very excited about small launch,” Roper said on Wednesday. “I think small launch is going to be a big deal.”

Typically priced between $3 million and $10 million per launch, small rockets provide a direct method of sending inexpensive payloads into orbit. Small rockets also can save customers months of time getting to orbit, which Roper said is a key advantage for the Air Force’s needs.

“If you lose a satellite, put another one up at the time you need it,” Roper said.

Roper described the space industry as a “ripe area” for the Air Force, especially “with companies that hope to be selling satellites to commercial providers.”

Roper said he wants to approach it the way a venture capital firm or business developer would, to better understand the needs of private space companies. “If we can understand what a company needs to get from being that entrant – at 10 people with an idea and designs – to getting to that first product that they can go sell or pitch … we’ve got huge money to invest in this,” Roper said.

A growing number of companies, including Virgin Orbit, are looking to seize upon the small rocket market. Virgin Orbit is currently deep into testing its LauncherOne rocket, which the company plans to launch from a modified Boeing 747 jet named “Cosmic Girl.” This horizontal method, rather than the more common vertical launch approach, gives Virgin Orbit more flexibility for when and where the company launches its rockets.


Company: cnbc, Activity: cnbc, Date: 2019-02-07  Authors: michael sheetz, amanda macias, virgin orbit
Keywords: news, cnbc, companies, launch, talks, money, huge, orbit, roper, rocket, invest, virgin, richard, force, small, air, space, rockets, companies, branson


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CBD goes mainstream as bars and coffee shops add weed-related drinks to menus

Eric Cahan and his business partners opened an art-filled cafe in Manhattan’s East Village on April 10, 2018. They learned as much as they could about CBD, reformulated their menu and curated oils, tinctures and other products to sell in the store. About half of Mamacha’s sales come from CBD drinks and products, with the other half coming from virgin matcha and coffee drinks. It promises to deliver the calming benefits of marijuana without the high that comes from THC. Companies are adding CBD t


Eric Cahan and his business partners opened an art-filled cafe in Manhattan’s East Village on April 10, 2018. They learned as much as they could about CBD, reformulated their menu and curated oils, tinctures and other products to sell in the store. About half of Mamacha’s sales come from CBD drinks and products, with the other half coming from virgin matcha and coffee drinks. It promises to deliver the calming benefits of marijuana without the high that comes from THC. Companies are adding CBD t
CBD goes mainstream as bars and coffee shops add weed-related drinks to menus Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-25  Authors: angelica lavito
Keywords: news, cnbc, companies, virgin, bars, menus, marijuana, line, coffee, products, mainstream, weedrelated, drinks, cbd, mamachas, goes, trend, village, add, half, shops


CBD goes mainstream as bars and coffee shops add weed-related drinks to menus

Eric Cahan and his business partners opened an art-filled cafe in Manhattan’s East Village on April 10, 2018. Ten days later, Mamacha created a CBD-laced drink to celebrate the marijuana holiday, 420.

Suddenly there was a line out the door.

Cahan and Mamacha’s other owners sensed an opportunity. They learned as much as they could about CBD, reformulated their menu and curated oils, tinctures and other products to sell in the store.

About half of Mamacha’s sales come from CBD drinks and products, with the other half coming from virgin matcha and coffee drinks. The company now plans to introduce in March a line of “functional elixirs” targeted for specific purposes like sleep, focus and anti-inflammation.

Coffee. Cocktails. Lotion. Dog treats. You name it, CBD is probably in it.

CBD, short for cannabidiol, is a compound found in the cannabis plant. It promises to deliver the calming benefits of marijuana without the high that comes from THC. Companies are adding CBD to just about everything — a trend set to accelerate as regulations ease and consumer interest grows.


Company: cnbc, Activity: cnbc, Date: 2019-01-25  Authors: angelica lavito
Keywords: news, cnbc, companies, virgin, bars, menus, marijuana, line, coffee, products, mainstream, weedrelated, drinks, cbd, mamachas, goes, trend, village, add, half, shops


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European shares move slightly higher with Brexit, Fed in focus; UK GDP due

Construction and materials were leading the gains in early deals, with Lafargeholcim up by 2 percent. The stock was upgraded to buy from underperform by Bank of America. There was also some momentum in personal and household goods due to stock upgrades. The U.K. housebuilder Taylor Wimpey rose 3.4 percent and led the gains across Europe. Renault shares were under the flatline too after news that former Nissan Motor Chairman Carlos Ghosn was indicted on two new charges of financial misconduct.


Construction and materials were leading the gains in early deals, with Lafargeholcim up by 2 percent. The stock was upgraded to buy from underperform by Bank of America. There was also some momentum in personal and household goods due to stock upgrades. The U.K. housebuilder Taylor Wimpey rose 3.4 percent and led the gains across Europe. Renault shares were under the flatline too after news that former Nissan Motor Chairman Carlos Ghosn was indicted on two new charges of financial misconduct.
European shares move slightly higher with Brexit, Fed in focus; UK GDP due Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-11  Authors: silvia amaro
Keywords: news, cnbc, companies, virgin, wimpey, brexit, higher, stock, slightly, shares, buy, upgraded, uk, gains, fed, company, european, upgrades, focus, yield, gdp, wants


European shares move slightly higher with Brexit, Fed in focus; UK GDP due

The pan-European Stoxx 600 was 0.2 percent with almost every sector in positive territory. Construction and materials were leading the gains in early deals, with Lafargeholcim up by 2 percent. The stock was upgraded to buy from underperform by Bank of America.

There was also some momentum in personal and household goods due to stock upgrades. The U.K. housebuilder Taylor Wimpey rose 3.4 percent and led the gains across Europe.

The Swiss company Straumann was also among the top gainers, after its CEO said that it wants to increase sales five-fold within a decade, Reuters reported.

On the other hand, Orion dropped more than 6 percent after Jefferies cut its grade on the pharma company. The research firm argued that the current 4.5 percent dividend yield is not enough to support the share price, Reuters reported.

Furthermore, Flybe fell as much as 90 percent after a consortium of Virgin Atlantic Ltd, Stobart Group and Cyrus Capital Partners agreed to buy the low-cost airline.

Renault shares were under the flatline too after news that former Nissan Motor Chairman Carlos Ghosn was indicted on two new charges of financial misconduct.


Company: cnbc, Activity: cnbc, Date: 2019-01-11  Authors: silvia amaro
Keywords: news, cnbc, companies, virgin, wimpey, brexit, higher, stock, slightly, shares, buy, upgraded, uk, gains, fed, company, european, upgrades, focus, yield, gdp, wants


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Mark Mobius doesn’t think anyone should be investing in Saudi Arabia

Now is not a good time to put your money in Saudi Arabia, heavyweight emerging markets investor Mark Mobius believes. The founder of Mobius Capital Partners criticized the kingdom on Monday, telling CNBC’s Hadley Gamble he sees rough times ahead for the country and its neighbors. “The Khashoggi murder is a very bad situation, and as far as I’m concerned I don’t think we should be investing in Saudi Arabia for that reason unless there is some real big change,” Mobius said, referring to the brutal


Now is not a good time to put your money in Saudi Arabia, heavyweight emerging markets investor Mark Mobius believes. The founder of Mobius Capital Partners criticized the kingdom on Monday, telling CNBC’s Hadley Gamble he sees rough times ahead for the country and its neighbors. “The Khashoggi murder is a very bad situation, and as far as I’m concerned I don’t think we should be investing in Saudi Arabia for that reason unless there is some real big change,” Mobius said, referring to the brutal
Mark Mobius doesn’t think anyone should be investing in Saudi Arabia Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-08  Authors: natasha turak, albin lohr-jones, pacific press, lightrocket via getty images
Keywords: news, cnbc, companies, think, investing, doesnt, murder, mark, unless, khashoggi, virgin, saudi, mobius, arabia, kingdom, times


Mark Mobius doesn't think anyone should be investing in Saudi Arabia

Now is not a good time to put your money in Saudi Arabia, heavyweight emerging markets investor Mark Mobius believes. The founder of Mobius Capital Partners criticized the kingdom on Monday, telling CNBC’s Hadley Gamble he sees rough times ahead for the country and its neighbors.

“The Khashoggi murder is a very bad situation, and as far as I’m concerned I don’t think we should be investing in Saudi Arabia for that reason unless there is some real big change,” Mobius said, referring to the brutal murder of Saudi journalist Jamal Khashoggi, for which the government in Riyadh has been blamed.

The kingdom has charged several Saudis for murder, but denies international accusations that its crown prince Mohammed bin Salman had any involvement. A number of investors suspended their investment projects with the kingdom including Virgin CEO Richard Branson, though many others like Blackrock’s Larry Fink have pledged to continue business there.


Company: cnbc, Activity: cnbc, Date: 2019-01-08  Authors: natasha turak, albin lohr-jones, pacific press, lightrocket via getty images
Keywords: news, cnbc, companies, think, investing, doesnt, murder, mark, unless, khashoggi, virgin, saudi, mobius, arabia, kingdom, times


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