InterContinental Hotels Group, owner of the Holiday Inn and Crowne Plaza brands, has warned that the difficulties of the “most challenging year” in its history have stretched in 2021 as new strains of coronavirus force countries to close borders and limit travel. Keith Barr, CEO, said the recovery was “totally related to vaccines.”
A top Mexican lawmaker has floated the idea of making the mega-rich pay a one-time Covid-19 contribution as “an act of social justice and solidarity” that could raise nearly $ 5 billion. Only those with fortunes of more than $ 1 million He would have to pay, Alfonso Ramírez Cuéllar, a deputy for the ruling Morena party and his former boss, said in a statement.
Nicola Sturgeon, Scotland’s prime minister, set out on Tuesday a framework for easing coronavirus restrictions that was notably more cautious than the UK government’s roadmap for England. The plan makes it clear that there is unlikely relief from restrictions in the retail sector before the second week of April.
Rafael Ojeda, Minister of the Navy of Mexico, contracted Covid-19 for the second time, four months after your first infection. He announced the news on Twitter, saying that he would isolate himself and continue working. Reinfection has proven to be relatively rare throughout the world. Mexico has confirmed 2.04 million coronavirus cases and 180,536 related deaths.
Frasers Group has warned investors for a potential impairment charge over £ 100 million as blockade restrictions on main streets are extended. The group behind Sports Direct and Evans Cycles, as well as the department stores of the same name, said a non-monetary “material” accounting impact would be needed on the value of freehold properties and other assets.
Home Depot sold an additional $ 22 billion worth of products last year as homebound Americans bought patio furniture, lawn mowers and living room decorations in droves. The Atlanta-based company, which has more than 2,200 stores in North America, generated $ 132.1 billion in revenue in 2020. the most in its history.
Macau gambling stocks won the day after the former Portuguese colony lifted all quarantine restrictions for visitors from mainland China. Shares of Galaxy Entertainment closed 8.9% higher, while SJM Holdings rose 7.9%. Sands China gained 7.5%, Melco International rose 6.3%, while MGM China and Wynn Macau were up 5%.
The budget airline easyJet has reported increase in reserves since the UK unveiled a “roadmap” out of the lockdown that included restarting international travel later this year. Flight bookings from the UK have quadrupled week over week, the airline said, while its package travel unit has seen a more than seven-fold increase in bookings.