The variety of worldwide arrivals plunged by 70 % for the primary eight months of 2020 in comparison with a yr earlier, amid the collapse in journey brought on by the pandemic, in line with the UN World Tourism Group (UNWTO). ...

Chinese language telecoms big Huawei stated the corporate’s income development slowed considerably within the third quarter of 2020 because of the Covid-19 pandemic and US sanctions, which had disrupted its enterprise. ...

German funds supplier Wirecard’s ex-CEO Markus Braun has been detained over accusations that he inflated the agency's steadiness sheet and revenues to make it seem stronger and extra engaging for buyers and prospects. ...

Chinese language vacationers made 115 million journeys through the Might Day vacation. Whereas wanting final 12 months’s figures, the hard-hit tourism business may very well be slowly rebounding after the Covid-19 disaster. ...

The final time state economists launched income forecasts, New Mexico had a large oil increase ad infinitum. Oh, how occasions have modified. Those self same economists launched dire income projections on Wednesday, suggesting New Mexico may soak up between $ 1.7 billion and $ 2.four billion lower than ...

Worldwide plane groundings as a part of the trouble to cease the unfold of the Covid-19 virus will result in unprecedented losses for international carriers, the Worldwide Air Transport Affiliation (IATA) has warned. ...

Airways will lose $ 63 billion to $ 113 billion in income for passenger visitors globally in 2020, relying on how the coronavirus spreads, the Worldwide Air Transport Affiliation (IATA) has introduced. ...

Kiev has missed the chance to ink a brand new worthwhile fuel transit take care of Moscow, Ukrainian politician Victor Medvedchuk mentioned on Friday after one other day of fruitless talks between Russia, Ukraine and the EU. ...

Chinese language telecom big Huawei recorded higher than anticipated income progress within the first half of 2019, up 30 % year-on-year. The robust outcomes come regardless of the Chinese language agency being placed on Washington’s commerce ...

ThinkProgress, the information website operated by the Democratic suppose tank Middle for American Progress, is up on the market, in line with the Each day Beast. The employees was knowledgeable Monday that the location can be offered by CAP government director Navin Nayak in a memo. “Sadly, like so many ...