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Omicron pain – tourism slump at the slopes

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At the Port of Dover, thousands queued for hours, in the hope they can cross the channel and beat the French ban on British tourists

From lorries to the Eurostar – the rush to escape England ahead of another deadly winter in the grips of covid.

In France, ski resorts had been planning for the best winter in years, but now they’re counting their losses.

Tourism operators are struggling without British tourists after a surge in omicron cases in the UK.

The early season snow on the slopes of Mont Blanc is the best the region has seen for years. Not that many can see it.

It was meant to be a bumper Christmas for France’s ski resorts – flights and ferries had been fully booked.

But hopes were ended when the French government warned of a landslide of omicron cases tearing through the UK.

All non-essential travel from Britain has been banned.

One in four tourists in Chamonix before the pandemic were British, and now they’re counting their losses.

Paying a high price for its mountain resorts to survive another covid-infected European winter.

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What to expect for IPO markets

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With high interest rates and geopolitical uncertainty–what’s in store for IPO markets?

As the second half of 2024 begins, the IPO market is poised for a potential rebound after a sluggish start to the year.

With improving economic conditions and renewed investor confidence, more companies seem to be considering going public, creating market optimism.

However, challenges such as inflation and geopolitical uncertainties remain key factors to watch.

Dean Quiambao, a partner at Armanino joins Veronica Dudo to discuss what experts are predicting for the IPO landscape in the coming months and how businesses are positioning themselves for success.

#IN AMERICA TODAY #trending #IPO #IPOmarkets #ratecuts

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ASX positioned for strong start after positive stock rebound

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The ASX is set for a solid opening today, bolstered by overnight gains in the banking, commodities, and energy sectors.

Despite these positive movements, analysts are suggesting that the stock rebound and bond decline appear to be technically driven, noting that it may not mark the beginning of a longer-term trend.

Market analyst David Scutt from StoneX joins to discuss the latest market movements. #featured #trending

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Elon Musk is projected to become the world’s first trillionaire

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Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

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