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Hotel Market Is Growing at a CAGR of 9.58 % From 2024 to 2030 by Exactitude Consultancy
The Comprehensive study on Hotel Market includes historical data as well as share, size, and projection information for the major players, geographies, applications, and product categories for the years 2023 to 2030.
Hit by high inflation and interest rate hikes, US consumer confidence fell to a four-month low
The consumer confidence index fell to 100.2 in November from 102.2 after the October revision.
When will the inflationary pressure begin? The spending power of American households remains strong, and they still have excess savings of 1.7 trillion dollars
Although inflation remains high and there are fears that the US is about to fall into recession, consumers are still financially resilient.
U.S. Consumers Spend Most on Travel, Electronics, Restaurants: Mastercard SpendingPulse
Not adjusting for inflation, U.S. consumers in September spent most of their money on travel, fuel, electronics, restaurants and e-commerce, according to a Friday report by Mastercard SpendingPulse, w
Prada's sales rose sharply in the first half of the year, benefiting from the luxury consumption boom.
Prada's reported sales recovered from last year's epidemic blockade, allowing the Italian fashion brand to join luxury companies that report strong demand for their products. The company reported on Thursday that net retail sales surged 60 per cent at a fixed exchange rate to 1.5 billion euros ($1.78 billion) in the first half, higher than analysts' expectations of 1.44 billion euros. Co-CEO and designer Miuccia Prada has been sharing the creative leadership of her eponymous brand with Belgian designer Raf Simons since April 2020. Citigroup analyst Thomas Ch
Japan's construction giant's stock price plummeted due to rumors that Wonderful Boss banned employees from getting vaccinated
The stock price of Tama Home, one of Japan's biggest homebuilders, fell on Wednesday, so there were previous reports that the company's president threatened employees with punishment if they were vaccinated against COVID-19. The day before, there were reports that Shinya Tamaki, the president of this company listed on the first section of the Tokyo Stock Exchange, prohibited the company's employees from getting vaccinated. Violators would be left to work at home indefinitely. The period was counted as being absent from work without pay. He also claims that those vaccinated will die within 5 years. He also said that 5G signals will attract the coronavirus and increase the risk of infection. In order to prevent the epidemic, employees are prohibited from using 5G phones. The company's stock price once plummeted 12% on Wednesday, the same as last year
Retail sales in Australia fell 1.8% month-on-month in June
According to data released by the Australian Bureau of Statistics on Wednesday, retail sales in June fell 1.8% from May, the biggest drop since this year, as the pandemic lockdown and movement restrictions imposed in most parts of the country hit consumer demand. As COVID-19 cases continue to rise, this has cast a shadow over Australia's economic outlook for the third quarter. An ANZ economist wrote in a report: “We expect retail sales to fall again in July as Sydney's blockade intensifies, another round of Melbourne's lockdown begins, and South Australia also enters a lockdown.” “As the risk of a prolonged lockdown in Sydney increases, the recovery is weak
Apple's iPhone series released in 2022 will have only 5G models
Nikkei quoted an unnamed person familiar with the matter as reporting that Apple will not launch any new 4G phones in 2022, but will instead start selling a low-cost version of the iPhone SE that supports 5G. People familiar with the matter said that Apple will not launch an updated version of the iPhone Mini next year due to its failure to attract consumers before. According to the report, the low-cost iPhone will go on sale as early as the first half of 2022. People familiar with the matter said that the phone will be equipped with Apple's A15 processor, and Qualcomm's X60 modem chip will support 5G connections. Apple declined to comment.
According to the news, the world's largest miner BHP Billiton is considering quitting the oil and gas business
According to people familiar with the matter, BHP Billiton Group, the world's largest mining company, is considering selling its oil and gas business to speed up its exit from fossil fuels. This could be a deal worth tens of billions of dollars. According to the news, the company is evaluating its oil business and considering various options, including a sale. The business is expected to make a profit of more than 2 billion US dollars this year, and the sale price may exceed 15 billion US dollars. Previously, BHP Billiton's competitor Anglo American Resources Group withdrew from the thermal coal business under pressure from investors, and BHP Billiton is trying to follow suit. Although the company has long made the oil business one of its strategic pillars
Long-term inflation expectations in the US bond market fell to their lowest level since March
The 30-year break-even inflation rate fell to 2.18 per cent, the lowest level since March. Inflation fears are now receding, from equities to commodities, most notably the US Treasury market, which has been hit by a general decline in inflation expectations. Long-term Treasury yields fell in a spiral this week. The 30-year break-even inflation rate, which reflects inflation expectations over the next three decades, fell to 2.18 per cent, the lowest level since March, when the interest rate peaked at 2.41 per cent, and investors were reluctant to hold assets betting on reflation. In fact, break-even inflation is lower than last week for all terms. Until recently
The Japanese government officially declared a state of emergency in the Tokyo region
Japanese Prime Minister Yoshihiro Suga: The Japanese government officially declared a state of emergency in the Tokyo region. The state of emergency in the Tokyo area will continue until August 22. If the situation improves, the state of emergency in the Tokyo area may end prematurely.
Ford Motor is up 5%, and the company expects to increase its investment in electric vehicles to $30 billion.
Ford is up 5%, and the company expects to increase its investment in electric vehicles to $30 billion. Ford announced that it will hold a Capital Markets Day (Capital Markets Day) event on the morning of May 26th local time. Among them, the company confirmed its plans to transition to electric vehicles and announced that all-electric vehicles will account for 40% of Ford's total sales by 2030. In addition, the company raised its electrification business expenditure forecast to more than $30 billion by 2025. Ford pointed out that the current bookings for Fmuri 150 Lightning are more than 7%.
Amazon buys MGM, a century-old Hollywood store, for $8.45 billion
Amazon has agreed to buy film studio MGM for $8.45 billion, betting that the century-old Hollywood iconic company can meet consumers' endless demand for streaming content. This is Amazon's largest acquisition since it agreed to buy Whole Foods for $13.7 billion in 2017, but Amazon invested about $11 billion in the content of its streaming video and music service last year alone. "the real financial value behind this deal is the IP treasure house that we plan to redesign and develop with MGM's talented team."
Emerging market ETF recorded its largest inflow since early April, doubling from the previous week
Investors poured more than $1 billion into emerging market exchange traded fund (ETF) last week, the most since early April, as the global economic outlook strengthened to boost risk appetite. According to compiled data, US-listed developing country ETF and country-specific ETF received inflows of $1.03 billion in the week to May 21, more than doubling from the previous week. This is the 29th consecutive week of inflows into such funds, with a total inflow of $43.2 billion, of which $26.2 billion this year. The largest inflow of capital is US $7.3 billion, iShares Ann.
Amazon's acquisition of MGM for nearly $9 billion will be the second largest acquisition in the company's history.
Amazon is reported to be close to a deal to buy MGM (MGM), an American classic film production company, worth about $9 billion. The deal could be concluded as soon as this week, the report said. It will be Amazon's second-largest acquisition ever, after whole Foods's $13.7 billion deal. MGM representatives have been hoping for months that the purchase price could reach $9 billion, but industry insiders believe it is worth about $5 billion. MGM is the producer of the James Bond films. It also owns the Epix cable channel and has produced "the Story of the maid" (The Han.
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