Global export revenues from international tourism. Photo: Statista/IBT Amid fears that the newly discovered COVID-19 variant named Omicron could disrupt global travel once again, the World Tourism Organization (UNWTO) published its latest update on the state of international tourism on Sunday. According to the latest World Tourism Barometer, global travel activity rebounded sharply in the third quarter …
Hong Kong tumbled Friday on an otherwise positive day for Asian markets, with Chinese ecommerce titan Alibaba tanking more than 10 percent after warning of a weaker outlook. Alibaba said Thursday that net profit tumbled 81 percent in the second quarter and revenue grew less than forecast as it was hit by the impact of …
Asia Markets Mixed As Alibaba Plunge Drags Hong Kong Read More »
FILE PHOTO: A man wearing a face mask following the coronavirus disease (COVID-19) outbreak walks by Tesla Model 3 sedans and Tesla Model X sport utility vehicle at a new Tesla showroom in Shanghai, China May 8, 2020. REUTERS/Yilei Sun/File Photo February 23, 2021 By Julien Ponthus and Aaron Saldanha LONDON (Reuters) – A dive …
Bitcoin’s steep drop drags Tesla, ARK ETFs along for the ride Read More »
FILE PHOTO: Students ride bicycles past a taxi in Oita, Japan October 14, 2019. Picture taken October 14, 2019. REUTERS/Edgar Su February 8, 2021 By Kaori Kaneko TOKYO (Reuters) – Japan’s service sector sentiment index worsened for a third straight month in January, hitting its lowest since last May after a state of emergency was …
Japan’s January service sector sentiment worsens as COVID-19 impact drags Read More »
FILE PHOTO: A general view shows The Bank of England and the City of London financial district in London, Britain, November 5, 2020. REUTERS/John Sibley/File Photo February 4, 2021 By William Schomberg LONDON (Reuters) – The Bank of England on Thursday is likely to set its sights on the prospects of economic recovery later this …
Bank of England to focus on recovery hopes even as lockdown drags on Read More »
