Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

U.S. responds to China airline ban with one of its own

Published

on

The U.S. will suspend 26 flights travelling to China in response to an earlier ban by Beijing

Four Chinese airline carriers will be affected by a U.S. suspension, after Beijing raised concerns over Covid-19 cases.

Washington’s decision will impact Air China, China Eastern, China Southern, and Xiamen Airlines.

It follows Delta, American and United Airlines being suspended by the Chinese Government.

The Chinese Embassy in Washington says the U.S. ban is “extremely irresponsible” and is based on groundless claims.

“China will stay in touch with all sides and properly handle personnel exchanges with the rest of the world under the special circumstances.”

CHINESE Ministry of Foreign Affairs

However, the U.S. Department of Transport believes China’s Covid-19 rules place unfair responsibility on travelling passengers.

“We, therefore, conclude that the public interest now requires a further modification, effective immediately, of Order 2020-6-1, to limit Chinese carriers’ scheduled services accordingly,” the Department said.

Some flight-goers are believed to be testing negative before departure and then testing positive on arrival into China.

Continue Reading

Money

Warner Brothers & Discovery considers splitting up to boost stock value

Published

on

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Continue Reading

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

on

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Continue Reading

Money

Netflix expands use of ads despite slow subscriber growth

Published

on

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

Continue Reading

Trending Now