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Hyatt Hotels To Lay Off 1,300 Employees

6 years 5 months ago
(RTTNews) - Hyatt Hotels Corp. (H) said that it will implement layoffs and restructure roles across its global corporate functions, beginning June 1, 2020, due to drop in travel demand and the expected slow pace of recovery. The move will impact about 1,300 employees around the
RTTNews

Breakingviews - Corporate valuation of Hong Kong gets messier

6 years 5 months ago
HONG KONG (Reuters Breakingviews) - Congratulations on a great quarter, Hong Kong. The city so far has staved off a health crisis, with just over 1,000 Covid-19 patients and four fatalities, a fraction of the figures recorded in other finance hubs. The return of protests
Reuters

Sensex, Nifty Set To Drift Lower On Weak Global Cues

6 years 5 months ago
(RTTNews) - Indian shares may open lower on Tuesday amid worries about fiscal deficit implications on the economy after the government said it plans to borrow Rs 12 trillion (USD 159 billion), higher than the budgeted Rs 7.8 trillion for 2020-21.
RTTNews

S.Korean shares fall on coronavirus resurgence fears

6 years 5 months ago
South Korean shares fell nearly 1% on Tuesday amid growing fears of a coronavirus resurgence as more countries start easing restrictions, while increasing Sino-U.S. trade tensions also weighed on investor sentiment. The won weakened, while the benchmark bond yield fell.
Reuters

Starbucks is Luckin’ Out

6 years 5 months ago
In times of systematic uncertainty, going with the best in breed can help mitigate an investor's downside. Ubiquitous companies like Nike or Apple are generally better equipped to cut through turbulence than smaller organizations operating in the same space. Scale offers unmatch
The Motley Fool
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