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AIRLINES REBOUNDS
US job growth likely slowed in May, labor market seen stable despite oil shockAmerica's job growth is expected to slow in May after strong previous months. The labor market remains stable. Economists believe the Middl...
Dubai hospitality gets a nine-day breather during Eid al-Adha holidaysIn anticipation of the Eid al-Adha holidays, hotels across Dubai and Abu Dhabi are seeing a notable spike in reservations, a promising sign...
China's April producer inflation at 45-month peak on energy price shockChina's producer prices surged 2.8% year-on-year in April, reaching a 45-month high driven by gains in commodity sectors like non-ferrous m...
US stock market today: Why Dow Jones is down while S&P 500 and Nasdaq rise today — Dow crashes over 160 points as oil surges above $100 and Iran tensions rattle blue-chip stocksUS stock market today shows a sharp split. The Dow Jones Industrial Average falls over 160 points. Oil prices surge above $100. Iran tensio...
Global Markets | European shares subdued as US-Iran talks stall; corporate earnings on tapEuropean shares were muted on Tuesday as investors braced for a week packed with central bank meetings and corporate earnings, while weighi...
Charting the global economy: Euro area business activity sagsEuro area business activity contracted as the services sector weakened due to the Middle East war, while US retail sales surged, indicating...
S&P 500 surges, Dow jumps 1,000 points as airline stocks skyrocket, Nasdaq eyes record gaining streak since 2009 after oil prices today crashes as Strait of Hormuz reopens - how US stock market is performing on April 17S&P 500, Dow Jones and Nasdaq rallying today: US stock market experienced a rapid recovery, with major US indexes rallying sharply. Falling...
US stocks today: S&P 500, Nasdaq jump over 1% on renewed hopes of US-Iran talks, earnings boostUS stocks rallied, with the S&P 500 and Nasdaq closing higher as investors grew hopeful over potential Middle East de-escalation and Iran t...
US stocks today: S&P, Nasdaq rise 1% as investors hold out hope for US-Iran resolutionUS stocks rose as investors weighed Middle East tensions and hopes of a potential resolution in the Iran conflict. Gains in tech stocks lif...
US Stock Market: Wall Street ends sharply higher on US-Iran ceasefireGlobal markets rallied sharply as a two-week ceasefire between the United States and Iran was announced. This agreement eased fears of oil ...
Middle East tourism to bounce back after ceasefire, but rates may lagThe hospitality sector anticipates a strong recovery in the Middle East after the US-Iran ceasefire. Industry leaders expect occupancies to...
Condition to improve but more airline bankruptcies likely in 2021: Fitch“Spiking coronavirus cases in various regions and inconsistent travel restrictions will keep airline traffic low at least through the first...
- Kingfisher stock up 14 pc as employees withdraw agitation
Shares of Kingfisher Airlines rebounded from record lows and surged over 14 per cent in the afternoon trade as the standoff between the man...
- Boeing plane orders soar as airlines rebound
US aerospace giant Boeing on Thursday said orders for commercial aircraft soared amid a "spectacular" 2010 recovery for the airline industr...
- Airlines flying high on rebound in financial fortunes
The civil aviation sector in recent months has enjoyed a pronounced pick-up in both passenger and freight demand.
- Air France considering steps to cut staffing
Air France may need to resort to partial unemployment measures among its 60,000 employees as the air transport market continues to worsen, ...
- China air traffic may stay weak till H2 2009
China's air travel market is likely to remain weak as the global economy falters and may not rebound until the second half of next year.