Tag: Curbs

These Australian Firms Seen as Winners From Global Border Curbs

(Bloomberg) — Australians eager for a getaway after months of coronavirus lockdowns are likely to spark a domestic travel recovery as international borders remain closed, according to RBC Capital Markets.

“With a potentially increased number of consumers shifting overseas holiday dollars to domestic trips in the coming months, a number of travel companies under coverage are well placed to capture a share of this demand,” RBC analysts led by Tim Piper wrote.

The nation’s travel-booking firms plunged this year as border curbs and social distancing measures dampened demand. Flight Centre Travel Group Ltd. and Webjet Ltd. both tapped shareholders for

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Beijing Curbs Travel; German Rate Lowest in a Week: Virus Update

(Bloomberg) — Beijing’s growing outbreak is posing a new test for Chinese President Xi Jinping. Cases in the city exceeded 150 in the country’s worst flare-up since Wuhan.

Japan is set to lift travel curbs Friday. Hong Kong Disneyland reopened under health restrictions to check the spread of infections.

President Donald Trump said the coronavirus pandemic will “fade away” even without a vaccine, but researchers are close to developing one anyhow. U.S. states including Texas, Florida and Arizona reported a jump in cases, increasing concerns about a new wave of infections. New York City, once the outbreak’s epicenter, is moving … Read more