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Regional Tourism Organisations funding

May 7, 2021 Financial No Comments

Regional Tourism New Zealand has welcomed Tourism Minister Stuart Nash’s announcement of a further Government funding package for Regional Tourism Organisations (RTOs).…

Market Cap of Top Five Online Travel Companies Jumped by $54B in Four Months, Expedia the Biggest Gainer

May 7, 2021 Financial No Comments

The Covid-19 pandemic has hit the travel industry hard, including online travel agencies, whose revenues and reservations dipped to the lowest point in years amid the lockdown. However, as the entire market started its long and challenging way to recovery, …

PXP Financial Launches Pan-European Research Report on COVID-19’s Effect on E-Commerce and Retail

May 7, 2021 Financial No Comments

 PXP Financial, the global expert in acquiring and payment processing services, has today published a research report ‘The COVID-19 Effect on European E-Commerce and Retail’, exploring UK and European consumer attitudes to the future of retail shopping.…

Mastercard New Payments Index: Consumer Appetite for Digital Payments Takes Off

May 6, 2021 Financial No Comments

As the world went into pandemic lockdown in 2020, consumers shifted their spending habits to embrace contactless tap-and-go payments and online shopping.

Mastercard cardholders can now send and receive money using WhatsApp in Brazil

May 6, 2021 Financial No Comments

WhatsApp users in Brazil can quickly, conveniently, and securely transfer money directly on the app

Mastercard Start Path Selects Six Fintech Innovators to Build the Future of Sustainable Lending, Blockchain-Powered Social Impact and More

May 5, 2021 Financial No Comments

Financial technology has made it possible to bring more people into the digital economy faster and more seamlessly than ever before.

Singapore Airlines raises S$2 billion from sale-and-leaseback transactions

May 4, 2021 Financial No Comments

Singapore Airlines (SIA) has completed sale-and-leaseback transactions for 11 aircraft, comprising seven Airbus A350-900s and four Boeing 787-10s, raising approximately S$2.0 billion in total.…

Worldwide Corona Pandemic Leads to Negative Group Result

May 3, 2021 Financial No Comments

The annual financial statement for the 2020 financial year and the difficult financial situation of the airport company triggered by the corona pandemic took centre stage at the supervisory board meeting on 29 April 2021.…

SWISS reports first-quarter operating loss of CHF -201 million

May 1, 2021 Financial No Comments

Despite comprehensive cost savings, SWISS incurred an operating loss of CHF -201 million for the first three months of 2021 (Q1 2020: CHF -84.1 million). As a result of the continuing extensive travel restrictions, SWISS’s total first-quarter revenues of CHF …

Ajman Bank Enters into a Strategic Agreement with Saudi German Hospitals Group

April 30, 2021 Financial No Comments

Ajman Bank has signed a strategic agreement with Saudi German Hospitals (SGH) Group that will benefit the uninsured family members of the Bank’s employees by availing special discounts on medical services.…

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