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How Importers and Distributors are Adapting to a New Reality Without Restaurants and Bars

HOW IMPORTERS AND DISTRIBUTORS ARE ADAPTING TO A NEW REALITY WITHOUT RESTAURANTS AND BARS

It's no secret that retail alcohol sales have boomed during the Covid-19 pandemic. Most notably, the wine and spirits sectors have...

BANK OF AMERICA: Funds are falling out of love with financial stocks at a blinding pace

BANK OF AMERICA: FUNDS ARE FALLING OUT OF LOVE WITH FINANCIAL STOCKS AT A BLINDING PACE

Large-cap long-only funds are the most underweight in financial stocks in nearly a decade as firms trade profits for loan-loss protections,...

 
 
 
Oil surges 85% in May, posting its best month on record

OIL SURGES 85% IN MAY, POSTING ITS BEST MONTH ON RECORD

WTI crude oil spiked 85% in May, notching its best monthly performance gain on record, according to data from Bloomberg. The surge...

Bristol Country sees $256 million loss in travel and tourism sector

BRISTOL COUNTRY SEES $256 MILLION LOSS IN TRAVEL AND TOURISM SECTOR

The beaches, location, and history of Bristol Country are just a few of the reasons it rakes in hundreds of millions of dollars from...

 
 
 
Seven former Tory ministers join group of MPs urging the PM to rethink travel quarantine plan

SEVEN FORMER TORY MINISTERS JOIN GROUP OF MPS URGING THE PM TO RETHINK TRAVEL QUARANTINE PLAN

The new border regime which will, from June 8, require all arrivals to self-isolate for 14 days, has already been savaged by the aviation...

Pride Hotels started new campaign to boost travel and hospitality sector

PRIDE HOTELS STARTED NEW CAMPAIGN TO BOOST TRAVEL AND HOSPITALITY SECTOR

Pride Group of Hotels launches a new campaign ‘India Dekho with Pride' to boost travel, tourism and hospitality industry which has...

 
 
 
Cruise stocks soar 10% as reopening optimism lifts virus-slammed industries

CRUISE STOCKS SOAR 10% AS REOPENING OPTIMISM LIFTS VIRUS-SLAMMED INDUSTRIES

Royal Caribbean , Carnival , and Norwegian Cruise Line all leaped at least 10% on Wednesday as hopes for a coronavirus vaccine and...

The IEA warns global energy investment will fall by $400 billion in 2020, the biggest drop in the sector's history

THE IEA WARNS GLOBAL ENERGY INVESTMENT WILL FALL BY $400 BILLION IN 2020, THE BIGGEST DROP IN THE SECTOR'S HISTORY

Reuters The International Energy Agency said on Wednesday that global energy investment will fall by almost $400 billion in 2020 compared...

 
 
 
HVS Report - Impact of COVID-19 on Greek Tourism: Industry Experts' Opinion

HVS REPORT - IMPACT OF COVID-19 ON GREEK TOURISM: INDUSTRY EXPERTS' OPINION

After the initial impact of COVID-19 on the tourism sector, Greece is experiencing a transitional period as it is entering the next...

'New Normal' for Hotel Industry May Revolve Around Advanced Technology

'NEW NORMAL' FOR HOTEL INDUSTRY MAY REVOLVE AROUND ADVANCED TECHNOLOGY

As national infection rates start to decrease across the globe, hotel companies are starting to look to what the industry may look...

 
 
 
Soft skills will help you find a new job, according to one of the top staffing execs in the US

SOFT SKILLS WILL HELP YOU FIND A NEW JOB, ACCORDING TO ONE OF THE TOP STAFFING EXECS IN THE US

Becky Frankiewicz, president of one of the largest staffing firm in the US, said the coronavirus pandemic has brought about not only...

Microsoft's acquisition of RPA firm Softomotive prompts sector leaders including UiPath and Automation Anywhere to brace for war

MICROSOFT'S ACQUISITION OF RPA FIRM SOFTOMOTIVE PROMPTS SECTOR LEADERS INCLUDING UIPATH AND AUTOMATION ANYWHERE TO BRACE FOR WAR

Microsoft's acquisition of Softomotive boosts the tech giant's ability to offer robotic automation tools to enterprise clients for...

 
 
 
US tech giants still doing business with blacklisted Chinese companies, research firm claims

US TECH GIANTS STILL DOING BUSINESS WITH BLACKLISTED CHINESE COMPANIES, RESEARCH FIRM CLAIMS

American behemoths such as Google, Amazon and Microsoft are providing web services to Chinese companies included in the infamous US...

 
 
 
Banks may not be profitable until 2025 even as major economies recover, new IMF report says

BANKS MAY NOT BE PROFITABLE UNTIL 2025 EVEN AS MAJOR ECONOMIES RECOVER, NEW IMF REPORT SAYS

Bank profitability will be challenged until at least 2025 as past obstacles and pandemic risks stifle earnings, the International Monetary...

Chart of the WeekTracking the $9 Trillion Global Fiscal Support to Fight COVID-19

CHART OF THE WEEKTRACKING THE $9 TRILLION GLOBAL FISCAL SUPPORT TO FIGHT COVID-19

By Bryn Battersby , W. Raphael Lam , and Elif Ture Governments have put forward swift and significant emergency lifelines to protect...

 
 
 
Markets rally hits pause ahead of U.S. jobs data

MARKETS RALLY HITS PAUSE AHEAD OF U.S. JOBS DATA

Good morning, Bull Sheeters. On Monday, we saw the “vaccine rally.” Yesterday, it was the “Rogan rally.” Both faded pretty fast. Sure...

Eurobank offered 750 million euro funding to Greek hotels

EUROBANK OFFERED 750 MILLION EURO FUNDING TO GREEK HOTELS

Eurobank is all prepared to disclose a 750 million euro funding package to assist Greek hotels and tourism sector, which has been massively...

 
 
 
Indian travel, tourism & hospitality sector is utter disappointed on the recent FM's package

INDIAN TRAVEL, TOURISM & HOSPITALITY SECTOR IS UTTER DISAPPOINTED ON THE RECENT FM'S PACKAGE

The travel, tourism and hospitality sectors were upset as well as disappointed over what they said was the silence of the government...

Explore San Diego's Precision Medicine and Genomics Sector in Xconomy's New Podcast and Special Report

EXPLORE SAN DIEGO'S PRECISION MEDICINE AND GENOMICS SECTOR IN XCONOMY'S NEW PODCAST AND SPECIAL REPORT

Learn what's fueling San Diego's biotech investment and partnership opportunities by downloading Xconomy's new special report and podcast...