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...Recovery in business travel is underpinning demand. So is consumer desire to make up for missed trips. This should be good news for airlines....
...This is an industry in recovery mode — few sectors were as badly pummelled by the pandemic, which shuttered gyms. Pricey branded sportswear was harder to justify with no one to see it....
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
...as long as French and German ATC don’t (expletive) it all up in March, April, May, I think all operators in Europe will be positioned for a very strong summer of traffic and bookings and reasonable fair recovery...
...Apple, however, is so far missing out on much of that broader industry recovery....
...Fink attributed the US’s faster recovery from the financial crisis relative to Europe to America’s lower dependence on the traditional banking sector....
...It noted its request represented just 11 per cent of the recovery, less than the 15 per cent in the previous case....
...A slow recovery in tourism from Asia, growing competition from Southwest Airlines and the recent wildfires in Maui have all weighed on demand....
...Instead of search engine ads, Airbnb is raising its profile with promotions such as free nights in a real-life version of Barbie’s Malibu Dreamhouse. Airbnb is doing a good job of keeping costs down....
...A strong Chinese recovery could also challenge the recent performance dominance of US equities, either directly or indirectly via Japanese or European assets....
...Back in Taipei, Acer chairman Jason Chen is also looking for signs of a recovery, in this case in the PC market....
...Emerging Markets and China exhibited periods on accelerated performance during PMI Recovery phases, but these growth spurts are relatively brief....
International investors’ hopes of recovery from indebted developer depend on courts across the border
...Estée Lauder shares notched their biggest one-day drop on record after the US cosmetics group slashed its profit outlook due to a slow recovery in Asia and also warned of an almost $80mn hit to earnings...
...Analysts expect investment banking revenues to rise in the first quarter from low levels a year ago, with activity in mergers and acquisitions and capital markets underwriting showing signs of recovery....
...For all addicts in recovery, complacency is the one true danger....
...“There is a glimmer of hope as the eurozone inches towards recovery,” said Norman Liebke, an economist at Hamburg Commercial Bank, which sponsors the survey, while warning that Germany was “acting as a brake...
...That compares with a Won1.9tn operating loss in the fourth quarter of 2022, and a Won1.8tn operating loss in the third quarter of 2023, illustrating the global memory sector’s recovery after a year-long...
...Laying claim to them would be fraught with legal and political complexity, and the chances of significant recoveries for offshore creditors from the mainland look slim....
...Festive breaks are meant to be a time of recovery. They do not work out that way for all of us....
...The recovery in global corporate bond and loan markets began after the Federal Reserve signalled it sees a path to cutting interest rates later this year....
...Venture capital investment in European tech companies almost halved, year on year, in 2023, but some analysts are now detecting the recovery....
...However, analysts and fund managers said the weak recovery highlighted concerns about policy uncertainty in China....
...But financial pressures hang over the Belfast plant, which has not made a profit since 2016 and has been hit by supply chain squeezes and inflation despite a recovery in the global airline business since...
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