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British Airways services from Heathrow expected to bear brunt of new cancellations that will hit thousands of passengers
European stock markets edged largely higher Monday, starting the new week on a positive note despite the Wall Street holiday limiting activity. By 03:40 AM ET (0740 GMT), the DAX in Germany traded 0.1% lower, while the CAC 40 in France rose 0.5%, and the UK’s FTSE 100 climbed 0.9%. Global markets are trying to take a more positive view at the start of the second half of the year, after suffering sharp losses year-to-date as tightening government policies and rising living costs suggested an elevated risk of the global economy heading into a growth slowdown.