Autogrill wins Eurotunnel, East Midlands airport contracts
MILAN (Reuters) - Italian airport retailer Autogrill (AGL.MI) said on Thursday its HMSHost International unit had won new contracts expected to add 175 million pounds ($279 million) to revenue over 10 years.
Autogrill saw sales of around 105 million pounds in 2013-2023 from eight food and drink shops it will run at Eurotunnel terminals, connecting Britain and France.
A second contract to run seven retail outlets at Britain's East Midlands airport is expected to yield another 70 million pounds in revenue between 2013 and 2021.
Shares in Autogrill were up 1 percent by 1135 GMT, outperforming a 0.6 percent fall in Italy's blue-chip stock index .FTMIB.
(Reporting by Valentina Za; editing by David Evans)
WASHINGTON - U.S. housing starts surged to their highest level in nearly six years in November, a sign of strength in the housing market that could give the Federal Reserve ammunition to start cutting back its bond purchases.
WASHINGTON - Start-up companies will be able to raise much more capital through certain public stock deals without facing costly regulatory burdens under a proposal announced by U.S. securities regulators on Wednesday.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.