CNBC’s Jim Cramer on Tuesday said many Wall Street pros are out of touch with the American consumer and advised retail investors to get ahead of the bar on some stocks in the reopening trade. “The baton is now being passed from the stay-at-home names to the travel and leisure plays,” the “Mad Money” host
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The chairman of Dubai’s flagship airline is optimistic about a return to travel between the United Arab Emirates and the U.K. — one of its top tourism and investment partners — even as a new Covid-19 variant threatens to complicate reopening plans. The mostly-expatriate desert sheikhdom of roughly 10 million has been on the U.K.’s
Aerial images of Kea island also known as Gia or Tzia, Zea, and, in antiquity, Keos, is a Greek island in the Cyclades archipelago in the Aegean Sea. Kea is part of the Kea-Kythnos regional unit. NurPhoto | NurPhoto | Getty Images LONDON — Andreas Patiniotis can’t help sounding cheerful as Greece once again welcomes
In this article TVAG-FF Axel Hefer, CEO of Trivago Trivago It’s been said there’s no gain without pain and that what doesn’t kill you makes you stronger. Online travel search firm Trivago seem to have taken the sentiment to heart amid an ongoing pandemic that’s put its industry through the wringer for some 14 months.
A United Airlines passenger aircraft arrives over the top of residential houses to land at Heathrow Airport in west London, Britain, March 13, 2020. Matthew Childs | Reuters The CEOs of several large U.S. and U.K. airlines on Tuesday ramped up pressure on their respective governments to revive air travel between the two countries, asking
Are any airline stocks worth buying on sale? Two traders grappled with that question on Tuesday as the group slid on concerns around a fuel shortage stemming from this weekend’s cyberattack on a major U.S. pipeline. The U.S. Global Jets ETF (JETS), a basket of 39 airline stocks, ended trading down more than 1.5% on
France’s the Cote d’Azur. Frédéric Soltan | Corbis News | Getty Images LONDON — The European economy looks like it will shine a little brighter this year. The European Commission presented Wednesday a more upbeat assessment of how the 27 economies will perform this year, citing an improved vaccination campaign and the expectation that EU-wide
A medic collects a swab sample from a traveller at a rapid COVID-19 testing booth in Israel’s Ben Gurion Airport, near Tel Aviv, on April 6, 2021. Jack Guez | AFP | Getty Images U.S. airlines said Wednesday that they have paused flights to Tel Aviv after deadly conflict in Israel intensified in the worst
Tycoons and Bollywood stars may be among the most high profile residents fleeing India’s shores on private jets as the coronavirus crisis escalates — but they are by no means the only ones, according to private jet charter company JetSetGo. The situation in India has become so dire that even upper-middle class families are pooling
The Centers for Disease Control and Prevention is allowing cruise ships to resume operations this summer, but Norwegian Cruise Line CEO Frank Del Rio says that will be unlikely given the agency’s tough requirements. “I seriously doubt we will be able to stand up a vessel out of a U.S. port in July. August is
People walk past the official sign marking the Dubai Expo 2020 near the Sustainability Pavilion in Dubai on January 16, 2021. – The six-month world fair, a milestone for the emirate which has splashed out $8.2 billion on the eye-popping venue in the hope of boosting its soft power and resetting the economy, will now
Yagi Studio | DigitalVision | Getty Images Needing documents to travel is nothing new — after all, checking in for a flight requires some form of ID and, if you’re bound for somewhere foreign, it’ll have to be a passport. The same goes for car or train trips that cross the U.S. border, where from
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