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COVID 19 Articles
Radisson’s CEO Says Partnerships — Not Acquisitions — Will Get It to 500 Hotels in India
Radisson plans to double its India portfolio to 500 hotels by 2030 through partnerships with local operators rather than acquisitions, according to CEO Federico González.
Mumbai Airport Lets Airlines Keep Winter Slots, Delaying the Move to Navi Mumbai
Adani Airport Holdings has postponed the relocation of international services from Mumbai’s Terminal 2 to Navi Mumbai until the summer schedule beginning March 2027, following discussions with airline operators.
UK savings: 5% interest rate deals may not last, say experts
National Savings and Investments has increased rates on several bond products to exceed 5% for the first time in nearly three years, though analysts warn such competitive deals may not persist long in the market.
Social Security cost-of-living adjustment for 2027 may be above average. Some say it’s not enough
Social Security beneficiaries may receive a 3.5% to 3.6% cost-of-living adjustment for 2027, the largest increase in three years, though surveys show most seniors believe it remains insufficient.
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Nvidia, worth $5.5tn, donates $250m to UK for AI safety research
Nvidia donates $250 million in computing power to the UK over five years to support AI safety research, particularly focusing on the security of autonomous AI agents.
Why the UK is dithering over what to do about e-scooters
The UK government has delayed decisions on e-scooter regulation for six years despite trials showing popularity, leaving privately owned devices in legal limbo while experts warn of a regulatory gap.
British Airways plans record 106-seat business class on Airbus A380 jumbo jets
British Airways plans to install 106 business-class suites on its Airbus A380 aircraft, expanding high-end seating capacity as airlines increasingly prioritize premium travelers over economy passengers.
Skydance’s David Ellison tells CNBC combined company is ‘positioned to win in every single vertical’
Skydance co-CEO David Ellison stated the combined Paramount and Warner Bros. Discovery company is well-positioned across all business segments, with over 200 million streaming subscribers and plans to merge HBO Max and Paramount+.
From BJ’s to Lululemon, retailers are trimming assortments to boost business
Major retailers including BJ’s, Lululemon, and Under Armour are reducing product selections to improve profitability and reduce excess inventory as consumer spending pressures persist.
It’s taking longer to find a new job after losing one
Job seekers face longer waits to find employment as U.S. hiring slows, with some exhausting unemployment benefits before securing new positions.
Three things we’ve learnt about the UK economy from the IMF
The IMF upgraded its 2026 UK economic growth forecast to 1.3%, citing resilience amid global disruptions, while noting the country has the lowest projected borrowing among G7 nations by 2031.
Airport attacks put aviation in crosshairs of geopolitical conflicts
Deadly attacks on Saudi Arabia’s airport are highlighting how Middle East conflicts are disrupting air travel, forcing airlines to cancel flights and reroute operations across the region.
United Airlines is making it harder to reach its top frequent flyer status in 2027
United Airlines is eliminating segment-based qualification for elite frequent flyer status starting January 1, raising the Premier 1K tier requirement from 28,000 to 32,000 qualifying points.
Royal Mail: Hundreds of staff quitting each week under new efficiency plans
Royal Mail reports about 400 postal workers are leaving per week following the introduction of a new delivery system earlier this year, with union leaders warning of service problems in hundreds of offices.
Bank of America fined $1.2bn over failing to stop money laundering
Bank of America faces $1.2 billion fine from US Treasury for failing to detect money laundering and report over $5 billion in suspicious transactions to authorities.
Not building third runway would be ‘missed opportunity’, says Heathrow boss
Heathrow’s chief executive warns that rejecting a third runway would represent a significant missed opportunity, as private investment would instead flow to airports elsewhere in the world.