COVID-19
Booking Holdings CEO says higher prices haven’t dented summer travel demand yet
A sharp uptick in inflation has so far not caused a slowdown in demand for travel in the spring and summer months, Booking Holdings CEO Glenn Fogel told CNBC on Thursday. “Not yet. Not yet,” said Fogel, whose company offers online travel services, including flight booking. He cited the Covid pandemic’s disruptions to travel routines. “When you […]
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Treasury yields fall, with inflation data in focus
U.S. Treasury yields fell early on Thursday, with investors focused on the inflation data due out later in the morning. The yield on the benchmark 10-year Treasury note fell 3 basis points to 2.3270% at 4:30 a.m. ET. The yield on the 30-year Treasury bond moved under a basis point lower to 2.4789%. The rate […]
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Why Delta Air Lines’ health chief thinks the airplane mask mandate will soon be lifted
Passengers wearing protective masks wait to board a Delta Air Lines Inc. flight at Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, U.S., on Wednesday, April 7, 2021. Elijah Nouvelage | Bloomberg | Getty Images Delta Air Lines Chief Health Officer Henry Ting said that he believes that the federal mask mandate for airports and airplanes […]
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Singapore is ready for the return of more big events, says industry body
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Richard Ireland, president of the Singapore Association of Convention & Exhibition Organisers & Suppliers, discusses how it’s preparing for the return of more large-scale events in the country. Source
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What it’s like to travel to Australia right now
Australia’s rigid pandemic border policies led some to wonder if international travelers would still want to visit. It appears they do. Four weeks after the country opened to vaccinated visitors, international flight bookings are nearly half (49%) of pre-pandemic levels, according to the travel technology company Travelport. CNBC Travel went to the land “Down Under” […]
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Barclays expects ‘big jump’ in Singapore growth after Covid measures are lifted
SINGAPORE — Singapore is set to reopen its international borders and ease Covid restrictions next week, and that’s going to be its “biggest economic driver for growth,” according to Brian Tan, senior regional economist at Barclays. “By our estimates, if we get mobility at places like recreational areas and workplaces going up by just 10%, […]
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Singapore to ease Covid measures, reopen borders and drop outdoor mask mandate
Office workers walk out for lunch break at Raffles Place financial business district in Singapore on January 4, 2022. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore will ease most of its Covid restrictions including outdoor mask mandates from March 29, Prime Minister Lee Hsien Loong announced on Thursday. Limits on social gatherings […]
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The ‘Great Resignation’ has gone global – and it’s shaking up the labor market for good
Millions of workers worldwide have quit their jobs without something else lined up. So, what is the Big Quit, and how will it change our workforce? Chloe Loh, like many other workers across the world, epitomizes the “Great Resignation.” “I left my job in December,” Loh told CNBC. “I was looking for a role that […]
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This country has been named the world’s happiest for the fifth year in a row
Finland has been named the world’s happiest country for the fifth year in a row, according to an annual report, with fellow Nordic countries also continuing to rank highly. The United Nations Sustainable Development Solutions Network’s 10th World Happiness Report, published Friday, found that Finland’s score was “significantly ahead” of other countries in the […]
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Here’s how Covid-19 transitions from a pandemic to endemic
It’s been two years since Covid-19 crept across the globe, battered the U.S. economy and wreaked havoc on health-care systems unprepared to defend themselves against the novel pathogen. Now, as the latest wave of infections driven by the fast-spreading omicron variant rapidly subsides, many are beginning to question: Is Covid-19 becoming endemic? “There’s a high […]
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