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Wizz Air Cancels Hub Plans; Silver Prices Soar 25%

7/14/2025

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Story summary
  • Wizz Air scrapped its Abu Dhabi hub plan, citing engine problems and geopolitical tensions, affecting over 20% of its fleet.
  • Silver prices surged 25% this year, hitting a 14-year high due to strong industrial demand.
  • The FTSE 100 gained 0.1% amid optimism for a US-UK trade deal, despite signs of a cooling UK labor market.
  • China's exports rose 5.8% in June, aided by a fragile tariff truce with the US.