Month: December 2022
2022 was tough for media stocks like Netflix and Disney, and 2023 doesn’t look good, either
In this photo illustration, a hand holding a TV remote control in front of the Disney Plus logo on a TV screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Media stocks got rocked this year, with companies losing billions of dollars in market value, as streaming subscriber growth waned and the advertising […]
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European pure gas charges return to pre-Ukraine war concentrations
A employee walks previous gas pipes that link a Floating Storage and Regasification Unit ship with the most important land in Wilhelmshaven, northern Germany on December 17, 2022. EU strength ministers are wrangling about a proposed price cap on fuel. Michael Sohn | Afp | Getty Photos LONDON — European all-natural gasoline prices fell this […]
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UK says no plans for Covid tests for China arrivals as Europe is pressured to tighten rules
People are seen waiting at the arrivals area of terminal 5 at Heathrow International airport. Carlos Barria | Reuters LONDON — The UK’s Transport Department said Thursday there were currently no plans to reintroduce Covid-19 tests or additional requirements for travelers arriving into the country. It comes as several nations announced new measures in response […]
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European markets slip as warning abounds to end the calendar year
LONDON — European markets retreated on Thursday as warning returned to world stocks, with buyers evaluating a selection of very likely headwinds in 2023. The pan-European Stoxx 600 index was down .5% in early trade, with food items and beverage stocks shedding 1% to direct losses as pretty much all sectors and big bourses slid […]
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ABBA’s effective avatar display in London delivers a glimpse at a daring new direction for stay tunes
LONDON — Just before the start of “ABBA Voyage,” the London live performance done by 3D digital avatars of the legendary Swedish band, member Björn Ulvaeus said they hoped audiences would “feel that they have absent by way of a little something that they’ve by no means found in advance of.” Next its May possibly 27 debut, […]
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This is exactly where Covid policies for people from China are shifting
Travelers verify in with Cathay Pacific at the Hong Kong Global Airport on December 20, 2022. Vernon Yuen | Nurphoto | Getty Pictures BEIJING — Some nations announced new Covid tests necessities for guests from China right after the mainland stated it would ultimately take it easy border controls. Japan was the very first country […]
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China reopening previously than predicted could strike supply chains in the short expression, but enhance expansion in 2023
A traveler carrying protective equipment at Shanghai Hongqiao Railway Station in Shanghai, China, on Monday, Dec. 12, 2022. Photographer: Qilai Shen/Bloomberg via Getty Pictures Bloomberg | Bloomberg | Getty Visuals Mainland China’s reopening arrived sooner than envisioned for buyers, and Goldman Sachs warns it will lead to brief-term strains in the workforce and offer chains. […]
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Airline fares will in all probability be ‘substantially higher’ till 2024, states aviation analysis agency
ShareShare Article via FacebookShare Posting by using TwitterShare Post by means of LinkedInShare Short article by way of E mail Peter Harbison of CAPA – Centre for Aviation discusses the outlook for the airline marketplace and suggests it will “certainly not” return to pre-Covid stages of pricing and availability in 2023. Supply
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How to enjoy sector volatility in 2023, according to Evercore ISI
Evercore ISI suggests there could be significant swings in the sector early next 12 months, so buyers might want to use an options approach to assistance cushion the influence. “You will find never ever been a bear industry that has bottomed without a noticeable volatility spike, and that did not take place at all in […]
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Most Chinese shoppers are very cautious about going out, survey finds
Shoppers enter a newly opened Sam’s Club in Beijing on Dec. 23, 2022, the chain’s fourth store in China’s capital city. Zhao Jun | China News Service | Getty Images BEIJING — Most Chinese people still don’t want to leave their apartments, despite a relaxation in Covid-related restrictions, an Oliver Wyman survey found. More than […]
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