Travel industry regaining confidence – E.J.Mckay
Though dwarfed by the travel numbers and revenue generated during last year’s four-day May Day holiday, during which 195 million trips were made, tourism operators see the recovery of tourism market as greatly…
COVID-19 and its impact on the Wine Industry
Selling Wine in a Pandemic There are times in life when businesses have to react to circumstances that are well outside of anything expected, such as the Covid-19 pandemic. The recommendation from most…
Deep short-term pain, followed by strong recovery
The short-term economic shock from fighting the COVID-19 pandemic has been more serious than initially thought. Most countries have plunged into negative growth during the height of the virus. But recently released forecasts…
Oil Price War Ends With Historic OPEC+ Deal to Slash Output
OPEC+ alliance agrees to cut production by 9.7m barrels a day The world’s top oil producers pulled off a historic deal to cut global petroleum output by nearly 1/10. This put an end…
COVID-19 and its impact on Latin America: challenge and opportunity
Energy producers, mining, airlines and consumer companies make up the riskiest group of companies in Latin America, amid the growing threat of the Covid-19 and a crude oil price war. Indeed, fears over…
China’s Luckin Coffee slumps on ‘fake’ data news
Shares in Luckin Coffee have slumped after the company said one of its top executives and other employees had faked sales figures. The Chinese coffee chain has now suspended its chief operating officer…