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

(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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Auberge du Soleil Receives Top Honors From Forbes Travel Guide, Travel + Leisure and U.S. News & World Report

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

Auberge du Soleil, today announced it has been honored with multiple awards for 2021 by esteemed global travel authorities Forbes Travel Guide, Travel + Leisure, and U.S. News & World Report. Forbes Travel Guide recognized Napa Valley’s quintessential adult getaway with a Five Star Award, its highest rating, for the eighth consecutive year. Simultaneously, the hotel was recognized as one of the top hotels in the world on the Travel + Leisure 500 List for its exceptional service and luxurious accommodations. In addition, Auberge du Soleil has been named the No. 1 Hotel in Napa Valley, and among the

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Travel Group, Airlines Oppose Quarantine for U.S.-Bound Air Passengers | Top News

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 agencies to require international air travelers to quarantine upon U.S. arrival. His administration also is implementing effective next Tuesday a requirement that all U.S.-bound passengers ages 2 and above get negative COVID-19 test results within three days before traveling.

The U.S. Travel Association, an industry group representing businesses including hotels and airlines, said the mandatory negative test requirement eliminates the need for quarantining returning passengers, a step that it said “could be extremely difficult to enforce.”

The group represents a range of travel-related businesses including hotels, car rental firms, tourism agencies and entertainment companies.

At a briefing on Friday, White

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The top cheap places to travel in spring 2021

Oh, yes, it’s time for the travel itch to be unleashed after holing up for more than a year during the pandemic.

If you’re looking for a sun-soaked paradise or are in pursuit of refreshing fun in the snow, there’s always a destination that you might work on your budget. Travel websites Kayak and Travel+Leisure have unveiled their list of destinations and deals f0r 2021.

Nearly half—48 percent—of Americans stated that “taking a trip” was one of the top 3 activities they’re looking forward to in 2021, once the vaccine is accessible to all and normalcy has returned, according to Kayak.

“The good news is, prices on flights around the U.S. are 17 percent cheaper now than they were a year ago,” Kayak stated in a press release.


GET OFF THE GRID:  Where Americans want to travel in 2021

Right now, the following are destinations currently open to Americans due

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