Travel & Leisure

Adidas, Telecoms Help European Stocks Eke Out Gains | Investing News

By Steven I. Green 1 year ago

By Sruthi Shankar and Devik Jain

(Reuters) – Europe’s main index hovered near pre-pandemic highs on Wednesday, as a rise in shares of Adidas after an upbeat sales forecast and gains in telecoms stocks outweighed losses in mining and travel sectors.

The pan-European STOXX 600 index edged 0.2% higher after a rally in technology stocks on Tuesday pushed the benchmark to its highest level since February 2020.

Miners, retailers, and travel and leisure companies led the declines in Europe, while telecoms jumped 1.0%.

German sportswear maker Adidas AG jumped 3.4% after it forecast a strong rebound in sales in 2021, particularly in China, the rest of Asia and Latin America following fourth-quarter results.

European markets recorded a strong start to March, with the German DAX hitting an all-time high as investors snapped up so-called cyclical stocks like banks and oil firms on hopes of a strong economic rebound from the

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Travelers Can Still Experience the Best of Alaska With Princess Cruises, Holland America Despite Cruise Cancellations

By Steven I. Green 1 year ago
Alaska

Alaska

Courtesy of Princess Cruises

When Canada banned cruise ships through 2022, cruise lines with Alaska itineraries on their schedule were forced to adjust their plans. For Princess Cruises and Holland America Line, that meant heading from the sea to the land.

This summer, travelers looking for a remote vacation filled with adventure, breathtaking glaciers, expansive national parks, and incredible wildlife can sign up for an escorted tour through The Last Frontier with the cruise lines, the companies shared with Travel + Leisure.

“We love Alaska, and we love that we get to share it with visitors from all over the world. We’re committed to helping locals and visitors alike experience all the best parts of Alaska in a safe way,” vice president of tour operations, Dave McGlothlin, told T+L in a statement on Friday. “For the last year, many people stayed close to home, so

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Dr. Oz Performs Life-saving CPR on Passenger at Newark Airport

By Steven I. Green 1 year ago

Dr. Oz Performs Life-saving CPR on Passenger at Newark Airport

The celebrity doctor had just returned from a Florida trip when he needed to spring into action.

Famed medical expert Dr. Mehmet Oz was in the right place at the right time on Monday night when a man at Newark Liberty International Airport was in urgent need of emergency medical assistance.

“Last night, a man collapsed near me and my family after we arrived at Newark Airport,” he told Travel + Leisure on Tuesday. “I performed CPR with the help of a Newark Port Authority police officer and cleared the man’s airway. Thankfully, Newark Airport had a defibrillator nearby that we were able to use to save his life.”

The surgeon, and host of The Dr. Oz Show, was with his wife and daughter, having just returned from Palm Beach, Fla. when the incident occurred. He worked alongside the Port

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European Shares Fall on Rising Yield; Miners, Tech Top Drags | Investing News

By Steven I. Green 1 year ago

(Reuters) – A three-day rally in European stocks was clipped on Thursday as a renewed jump in U.S. bond yields hit risk appetite, with heavyweight miners and technology stocks leading the retreat.

The pan-European STOXX 600 index fell 0.5%, with miners dropping 3.4%. UK-listed shares of Rio Tinto and BHP Group shed 5.9% and 5.0% respectively, after their Australia-listed stocks were hit by ex-dividend trading.

Technology stocks, the driver of the market’s rebound from pandemic lows, fell close to 2% on overnight weakness in their Wall Street peers as rising yields turned the spotlight on frothy valuations.

Dutch firm ASML Holding NV dropped 3.1% despite news that it had extended a deal to sell chip manufacturing equipment to China’s largest chipmaker SMIC.

“While one can understand why investors are concerned about valuations in the U.S., particularly around the tech sector… the same can’t be said in Europe where valuations are

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