Tag Archives: billion

UK set to lose USD 29 billion from lacking vacationers attributable to pandemic: WTTC

UK set to lose USD 29 billion from missing tourists due to pandemic: WTTC

A staggering GBP 22 billion (USD 28.91 billion) appears set to be misplaced from the UK economic system because of the collapse of worldwide journey throughout 2020, in accordance with the World Journey & Tourism Council (WTTC). Travellers and vacationers are staying away from the UK in droves due to persevering with uncertainty round journey […]

International nightlife claims $1,500 billion loss attributable to COVID-19 pandemic

Global nightlife claims $1,500 billion loss due to COVID-19 pandemic

1000’s of nightlife venues all over the world had been pressured to close down as a result of ongoing COVID-19 outbreak to respect the security and well-being of workers and purchasers and likewise to keep away from the unfold of the virus. Regardless of many nightlife venues being shut down, international locations like Croatia, Hungary, […]

Lufthansa: €2.7 billion in ticket refunds already paid

Lufthansa: €2.7 billion in ticket refunds already paid

Within the present 12 months, the airways within the Lufthansa Group have up to now reimbursed round 2.7 billion euros to a complete of 6.3 million prospects (as of 09.09.2020). In arithmetical phrases, round 1800 refunds per hour had been paid out final week. The justified claims obtained by Lufthansa in Germany by the tip […]

Alibaba to inject USD3 billion in Seize – stories

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eCommerce large Alibaba will reportedly make investments USD3 billion in Southeast Asian ride-hailing large Seize. Bloomberg cited individuals aware of the matter that the Chinese language firm would be the sole investor on this funding spherical and the portion of the funds shall be used to amass the stakes held by Uber Applied sciences Inc. […]

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