An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, U.S. March 21, 2019. Lindsey Wasson | Reuters SINGAPORE â Boeing will not be bringing any commercial planes to the Singapore Airshow, shifting the spotlight for passenger jets to rival Airbus as well as China’s homegrown … Read more
Visitors near Yuyuan Bazaar in Shanghai, China, on Sunday, Feb. 11, 2024. Raul Ariano | Bloomberg | Getty Images China’s travel activity and spending jumped above pre-pandemic levels during the Lunar New year holiday, in a sign that consumption was improving in the world’s second-largest economy. Some 474 million domestic trips were made during the … Read more
The portrait of Mahatma Gandhi is displayed on Indian rupee banknotes in an arranged photograph in Bangkok, Thailand, on Wednesday, Sept. 12, 2018. Brent Lewin | Bloomberg | Getty Images The U.S. Federal Reserve is expected to cut interest rates later this year and, while that may not be good news for the dollar, some … Read more
Have you ever considered just packing a bag and catching a flight without knowing the destination? Scandinavian Airlines, a Sweden-based carrier, recently announced the opportunity for members of its EuroBonus loyalty program to book a flight experience they call “Destination Unknown.” In a press release, the airline says that “within minutes” of the announcement on … Read more
Visitors near Yuyuan Bazaar in Shanghai, China, on Sunday, Feb. 11, 2024. Raul Ariano | Bloomberg | Getty Images Even as China’s economy is facing difficulties, treating it as un-investable like some analysts have suggested would not be the right call, John Bilton, head of global multi-asset strategy at JPMorgan Asset Management, told CNBC’s “Squawk … Read more
In December, Euromonitor International released its annual list of the Top 100 City Destinations in the world for 2023. The report compared cities using 55 metrics across six categories, including tourism infrastructure, health and safety, sustainability, tourism performance, and more. Euromonitor International’s analysis also included a top 10 ranking of global cities based on the … Read more
A man exercises in a gym near a barcode for Paytm, an Indian cellphone-based digital payment platform, in New Delhi on November 18, 2021. Sajjad Hussain | AFP | Getty Images Financial technology firm Paytm has been in discussions with the upper echelons of the Indian government this week, as it tries to reverse a … Read more
DBS Group Holdings suffered an outage in its digital services on March 29, 2023. Bloomberg | Getty Images SINGAPORE — DBS Group reported record earnings for the full year in 2023, but cut compensation for its senior management to “hold them accountable” for a number of digital disruptions that year. Chief Executive Piyush Gupta received … Read more
A restaurant advertises the use of the Paytm digital payment system in Mumbai, India, on Saturday, July 17, 2021. Dhiraj Singh | Bloomberg | Getty Images India’s digital payments app Paytm rose as much as 8% on Tuesday, rebounding from a heavy selloff that wiped off about $2.5 billion in market value in the last … Read more
With 74% of American travelers concerned about the impact of overtourism, environmentally safe travel is increasingly becoming a priority. To address overtourism and the effect it can have on the climate, countries around the world have started charging fees to visit some major destinations. In January, Tripadvisor, in partnership with the Global Destination Sustainability Movement, … Read more
