Greggs, Cineworld Reopening Plans Give Some Relief to Shares

(Bloomberg) — Britons will soon be able to purchase hot Greggs Plc sausage rolls and go to movie theaters again, boosting shares of the bakery chain and cinema operator Cineworld Group Plc.

Greggs will reopen around 800 shops to takeaway customers on Thursday, while Cineworld plans to lift the shutters on cinemas across some territories during the last week of June, with all theaters set to be open over the course of July. Both companies are implementing social distancing and other measures to counter the spread of coronavirus as part of their plans.

Greggs shares rose as much as 5.5% on Tuesday, the biggest advancer in the FTSE 350 Food & Drug Retailers Index, while Cineworld climbed as much as 11%, outpacing Europe’s Stoxx 600 Travel & Leisure Index. Even after Tuesday’s gains, the stocks are still down 25% and 62%, respectively, in the year to date.

The bakery chain

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Local travel agents see decrease in travel interest after new COVID-19 test regulations

HARRISONBURG, Va. (WHSV) – Anyone traveling by air into the U.S. now needs to show proof of a negative COVID-19 test within the previous 3 days.



a person standing next to a bag of luggage: New CDC Travel rules


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New CDC Travel rules

Beginning Jan. 26, the CDC required travelers to show their negative result to the airline before they board their flight, or be prepared to show documentation of recovery, like proof of a recent positive viral test and a letter from your healthcare provider or a public health official stating that you were cleared to travel.

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Once you return home, the CDC recommends getting tested 3 to 5 days after travel and stay home for 7 days. Even if you test negative, they suggest staying home for the full 7 days.

“With the vaccines rolling out, AAA really is seeing a little bit of an uptick in people who are starting to dream…

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Planet Fitness Stock Is Estimated To Be Significantly Overvalued

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One of World’s Greatest Hidden Fortunes Is Wiped Out in Days

(Bloomberg) — From his perch high above Midtown Manhattan, just across from Carnegie Hall, Bill Hwang was quietly building one of the world’s greatest fortunes.Even on Wall Street, few ever noticed him — until suddenly, everyone did.Hwang and his private investment firm, Archegos Capital Management, are now at the center of one of the biggest margin calls of all time — a multibillion-dollar fiasco involving secretive market bets that were dangerously leveraged and unwound in a blink.Hwang’s most recent ascent can be pieced together from stocks dumped by banks in recent days — ViacomCBS Inc., Discovery Inc. GSX Techedu Inc., Baidu Inc. — all of which had soared this year, sometimes confounding traders who couldn’t fathom why.One part of Hwang’s portfolio, which has been traded in blocks since Friday by Goldman Sachs Group Inc., Morgan Stanley and Wells

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When will the hotel quarantine start? Date the announcement of travel rules for red list countries is expected

The Government announced plans to introduce hotel quarantines for international arrivals from a “red list” of 30 countries last week – but hotel industry leaders say they have been “kept in the dark” about how it will actually work.



a sign on the side of a building: The Government plans to introduce hotel quarantine for arrivals from 30 countries (Photo: Getty)


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The Government plans to introduce hotel quarantine for arrivals from 30 countries (Photo: Getty)

Best Western chief executive Rob Paterson told BBC Radio 4’s Today programme that the chain is “yet to understand exactly what the protocols are required of the hotels”.

He said: “I think in any normal company if you went out and announced a programme nationally, and you hadn’t thought about how you were going to plan that, and you hadn’t spoken to the people involved, I’m not sure I’d have a job if I did that in my company.

“To this day we simply haven’t heard anything.”

He added: “We’ve got all

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