With European banks gearing up to report third-quarter earnings, analysts are expecting sharp reductions in loan loss provisions to drive a fragile stabilization.
GetYourGuide, the Berlin-headquartered activity booking start-up has laid off around 100 staff as the coronavirus pandemic continues to take its toll on the travel industry.
Although exchange-traded funds are growing in popularity, they are not yet making meaningful incursions into the territory of actively-managed funds, according to Refinitive's Head of Lipper EMEA Research, Detlef Glow.
The International Monetary Fund sees oil staying in the $40 to $50 range next year, and it downgraded its outlook for the Middle East economic recovery.
Leisure travelers can travel between the two cities without undergoing a quarantine, said Edward Yau, Hong Kong's secretary for commerce and economic development.