Fed's optimism, TUI’s capital raise: Read the latest updates to Corona Capital for insights on the pandemic’s corporate and financial fallout.
fell over 12% from 2019’s kick-off, a trend of double-digit declines that was repeated in many games through Monday on CBS, NBC and ESPN.
This may be because Covid-19 disrupted the normal sports calendar: Early NFL games now have to compete for eyeballs with many other major sports. Just as Brady may wish to take back those two interceptions he threw in Sunday’s loss, the league may want a do-over. in the three months to the end of July. Costs cuts helped as it slashed its operating expenses by 21%, helping to offset a 31% decline in revenue to 4.7 billion euros.
There may be darker days ahead. Inditex store sales are recovering and its online business is thriving. This, however, is likely to be temporary. Disposable income will fall as governments unwind furlough schemes and the full scale of the unemployment caused by lockdowns becomes clear. Finding new areas to slash may prove tricky, particularly if a second coronavirus wave pushes up safety costs.
the brand – the collapse of which famously left hundreds of thousands of holidaymakers stranded – as an online-only service that will sell destinations on Britain’s safe travel corridor list.in August that European flights are still more than 50% below the comparable period in 2019, while passenger demand in Europe is not expected to reach 2019 levels until 2024. One of Thomas Cook’s biggest competitors, TUI, has had to secure aid from the German government.
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