Hints and tips:
...Hedge funds have lost more than $6bn this year betting against cruise lines and hotels after underestimating the resilience of US consumers....
...Replacing him is Gil West, a former chief operating officer of Delta Air Lines and General Motors’ Cruise self-driving car unit....
...Japan’s Goldwin will soon be releasing a line of outerwear, Goldwin 0, partly made from a biopolymer created via a plant-based fermentation process....
...Staff at the bank will miss a certain line item on someone’s bank statement or a certain form of income . . ....
...Cruise lines claim bookings are up sharply this year. They need to be. Royal Caribbean has lost money in the past four quarters....
...Saga Cruises in the UK and American Queen Steamboat and Victory Cruise in the US have stipulated that their passengers must be fully vaccinated before embarking....
...It has had to raise more than $1bn from its existing investors and tap credit lines from banks to shore up its financial position....
...‘Perfect scenario’ Those look like V-shaped projections, Andrew Glenn thought to himself....
...The problem is most acute in businesses dependent on filling seats — airlines, cruise lines and concert promoters....
...Shares in US cruise line Carnival and easyJet, a low-cost European airline, leapt by one-third. United Airlines rose by 18 per cent, while US video conferencing group Zoom fell around 12 per cent....
...This month the island also offered fund managers enough comfort to buy almost $700m of junk bonds issued by Norwegian Cruise Lines....
...That would hold true even accounting for broader impacts on the cruise business. Americans are, for example, less inclined to travel anywhere abroad during a distant epidemic....
...Companies particularly badly hit by the pandemic, including airlines such as American and Lufthansa and cruise ship operator Carnival, hope to take advantage of the markets’ mojo to raise billions of dollars...
...Delta Air Lines, for example, secured $5.4bn from the bailout, of which $3.8bn was a forgivable grant with the rest in the form of a 10-year unsecured loan....
...Several members of the family, including the twins, became formidable forces in American tech....
...Among the first to tap credit lines in this crisis were companies such as Norwegian Cruise Line and Hilton Worldwide, which were acutely hit by fallout from the global health pandemic as customers cancelled...
...The Big Three are on course to control 40 per cent of the votes in American corporations in a couple of decades....
...(FT) Carnival bond The world’s largest cruise operator is looking to raise $6bn to stay afloat, paying a hefty premium to investors after coronavirus killed passengers on several of its cruise ships and...
...HSBC has some discussion about V and W shaped recoveries; its own model resembling “the Nike swoosh” is made by combining a proper V in mainland China forms and more of an L among Western European and American...
...Historically, Harley’s large-capacity V-twin engines have been associated with ground-shaking exhaust notes and body-numbing vibration – but anyone who hasn’t ridden one of the American marque’s latest tourers...
...And GTA V’s publisher Rockstar has a history of delaying titles in the name of quality; GTA V, Red Dead Redemption, RDR2, Max Payne and L.A. Noire were all delayed....
...WPP will also reduce is planned capex from £400m to v£300m....
...We wind up teaming up with American Eagle, and I sell part of my business to American Eagle. And I got Urban Necessities inside American Eagle....
...Cruise lines Norwegian and Royal Caribbean were up more than 1 per cent....
...American Airlines, up 4.2 per cent, was one of the top performers on the S&P 500 heading into lunchtime in New York....
International Edition