By Sruthi Shankar and Shreyashi Sanyal (Reuters) -European stocks rose on Wednesday after debt-laden developer China Evergrande said it would make some interest payments, while investors awaited a signal from the U.S. Federal Reserve on how and when it will rein in its massive stimulus. Evergrande’s Frankfurt-listed shares jumped 41.0% […]
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(Reuters) – European shares slipped from record highs on Wednesday as global investor mood soured on signs of increasing inflationary pressure, while travel stocks dropped on worries over the Delta variant’s spread in the continent. The pan-European STOXX 600 index fell 0.3% after hitting a record high in the previous […]
NEW YORK, March 18, 2021 /PRNewswire/ — Meredith Corporation‘s (NYSE: MDP) Travel + Leisure announces the 30 honorees of its Global Vision Awards 2021, recognizing changemaking individuals, companies and organizations that are creating more sustainable and responsible travel products, practices, and experiences. Spotlighting meaningful efforts to preserve, enrich and change the traveler’s world for […]
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 […]
(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 […]
Napa Valley’s Most Iconic Luxury Resort Awarded Five Stars from Forbes Travel Guide for Eighth Consecutive Year, Named to Travel + Leisure’s 500 List of Best Hotels in the World, and Ranked No. 1 Hotel in Napa Valley by U.S. News & World Report RUTHERFORD, Calif. (PRWEB) February 21, 2021 […]
WASHINGTON (Reuters) – Groups representing the U.S. travel industry and airlines on Friday voiced opposition to mandatory quarantines for air passengers arriving in the United States from overseas a day after President Joe Biden signed an order to take that step. Biden on Thursday issued an executive order directing federal […]
NEW YORK (Reuters) – Services company stocks, especially those linked to travel and leisure, have room to rocket higher next year as consumers venture out again after spending on goods but cutting back on services during the pandemic, hedge fund manager Dinakar Singh said. With vaccines against Covid on the […]
The dual news has infused optimism into the sectors, including cruise lines, airlines, hotel and casino operators, and travel and entertainment-booking companies. Notably, airlines and cruise sectors were among the biggest winners on the day. American Airlines AAL, Delta Air Lines DAL and United Airlines UAL were up more than […]