economic-recovery
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Taiwan to Restore Power After Typhoon Haikui Batters Island
Date: September 4, 2023
Taiwan to restore power after Typhoon Haikui batters island TAIPEI (Reuters) -Taiwan expects to restore power supply by late on Monday to thousands of homes cut off by Typhoon Haikui in the island’s south and east, where schools and businesses were shut, while domestic airlines cancelled all but a handful of flights. The first typhoon...
Dollar Heads for First Weekly Gain Since February
Date: April 21, 2023
Dollar heads for first weekly gain since February By Amanda Cooper LONDON (Reuters) – The dollar headed for its first weekly gain in nearly two months on Friday as investors raised their bets that the Federal Reserve will increase rates in May, while the euro drew some support from a surprising recovery in the euro...
Global Factory Activity Weakens as Demand Falters
Date: April 3, 2023
By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) – Global factory activity weakened in March as consumers feeling the pinch from rising living costs cut back, surveys showed on Monday, suggesting a deteriorating outlook will remain a drag on economic recoveries and keep policymakers on their toes. Although factories across the euro zone saw a...
Chinese Fret Over Elderly as WHO Warns of Holiday Covid Surge
Date: January 12, 2023
By Bernard Orr and Liz Lee BEIJING (Reuters) -People in China worried on Thursday about spreading COVID-19 to aged relatives as they planned returns to their home towns for holidays that the World Health Organization warns could inflame a raging outbreak. The Lunar New Year holiday, which officially starts from Jan. 21, comes after China...
Hotel Group Accor Continues post-COVID Recovery After a ‘gorgeous’ Summer
Date: October 27, 2022
By Diana Mandia and Dina Kartit (Reuters) – Europe’s biggest hotel group Accor reported higher than expected third-quarter revenue per available room (RevPAR) on Wednesday, continuing a sharp improvement in activity since the start of the year after a “gorgeous” summer season. The easing of COVID-19 curbs earlier this year led to a boom in...
Foreign Business Travel Missing Ingredient for Irish Hotel Recovery – Dalata
Date: August 31, 2022
By Padraic Halpin DUBLIN (Reuters) – Executives at Ireland’s large hub of multinational companies are still only going on a small fraction of the foreign business trips they made before the COVID-19 pandemic, the head of the country’s largest hotel operator said. Dalata Hotel Group, which has the Maldron and Clayton brands, said on Wednesday...