BREAKING NEWS
UK eases restrictions so families can gather over Christmas
Read full article: UK eases restrictions so families can gather over ChristmasThose travelling to and from Northern Ireland will be permitted to travel for an additional day either side. The industry hopes it will spur British families to go on holiday over the Christmas break, especially if children won’t have to miss school upon their return. It will be replaced with regional measures that involve three tiers of restrictions based on the scale of the local outbreak. Though daily numbers can fluctuate widely, the U.K. recorded another 11,299 new coronavirus cases on Tuesday, the lowest level since early October. Still, with a maze of travel and quarantine restrictions around the world, few industry experts anticipate a rapid rush for the skies before vaccinations become widely available.
Global tourism upended; worst-case earnings scenario dodged
Read full article: Global tourism upended; worst-case earnings scenario dodged(AP Photo/Matt Dunham)The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to national and global response, the work place and the spread of the virus. ________________________SUPPLY DEMANDED: The virus has upended supply chains and shut stores that would typically furnish goods and services. EARNINGS SEASON: The worst was expected this season and must Wall Street analysts believe the majority of companies at least dodged that. The Buckle, which closed all of its stores on March 18, reported a loss of $11.8 million, and sales slumped 42.7%.