BA cancels flights from London's Heathrow, Gatwick after IT outage
LONDON, May 27 British Airways said it had cancelled all flights from London's Heathrow and Gatwick airports scheduled before 1700 GMT on Saturday due to a global computer outage.
* Seven & i rises to 6-month high on strong earnings * Dai-ichi Life drops on share issuance * Nikkei up 2.2 pct for the week By Ayai Tomisawa TOKYO, July 4 Japan's Nikkei share average rose to a 5-1/2-month high on Friday as a much-stronger-than-expected U.S. jobs report fueled investors' appetite for riskier assets, while the weak yen lifted exporters. The Nikkei was up 0.7 percent at 15,459.22 points by mid-morning after hitting a high of 15,490.37 earlier, its highest level since January 23. For the week, the benchmark has added 2.2 percent. On Thursday, both the Dow and S&P 500 ended at their third consecutive record highs in holiday-shortened session before the July 4 Independence Day holiday, when the U.S. stock market will be closed. Nonfarm payrolls increased by 288,000 jobs, the Labor Department said on Thursday. Economists polled by Reuters had forecast a gain of 212,000. Analysts said that the U.S. jobs report bodes well for the Japanese market in the coming months. Even if the strong U.S. economy suggests that the Federal Reserve may consider raising rates sooner than later, it is good for the Japanese market in the long term. "If the U.S. economy is strong and the rates rise, the dollar will be strong so it's good for Japanese shares," said Hiromichi Tamura, chief strategist at Nomura Securities. He added that if the April-June earnings for Japanese companies are strong and the results prove that companies are riding out the impact of the April sales tax hike, the Japanese market will likely rise further later in the month to August. Exporters were in demand after the dollar rose to its highest in over two weeks at 102.27 yen. Honda Motor Co rose 1.1 percent, Sony Corp gained 1.3 percent and Tokyo Electron Ltd added 1.4 percent. Seven & i Holdings Co soared 2.9 percent to a six-month high after it posted a 5 percent rise in quarterly profit and kept its forecast for a record full-year profit unchanged as its own-brand merchandise helped drive growth. Bucking the strength, Dai-ichi Life Insurance Co dropped 2.0 percent as it will issue up to 275.9 billion yen ($2.7 billion) in new shares to help fund its planned acquisition of U.S. peer Protective Life. The broader Topix gained 0.4 percent to 1,283.85, and the new JPX-Nikkei Index 400 advanced 0.4 percent to 11,662.82. (Editing by Kim Coghill)
LONDON, May 27 British Airways flights in Britain were being delayed and passengers were suffering long waits at airports on Saturday because of a global system outage, the airline said.
May 26 Hackers used malware to steal customer payment data from most of Chipotle Mexican Grill Inc's restaurants over a span of three weeks, the company said on Friday, adding to woes at the chain whose sales had just started recovering from a string of food safety lapses in 2015.