ryanair-signs-of-summer-travel-rebound

Ryanair: Signs of summer travel rebound

image copyrightGetty ImagesRyanair boss Michael O'Leary says he is seeing the start of a strong rebound for travel as the easing of lockdown releases pent-up demand.Europe's biggest budget airline revealed the scale of the coronavirus collapse in travel - an €815m (£702m) loss and traffic down 81% in the year to March on the previous…
atampt-nearing-150bn-discovery-streaming-merger-8211-reports

AT&T nearing $150bn Discovery streaming merger – reports

image copyrightGetty ImagesUS telecoms giant AT&T is reportedly close to striking a deal with Discovery that would create a $150bn (£106bn) streaming giant. A tie-up would bring one of Hollywood's biggest studios and Discovery's channels under the same ownership.AT&T owns CNN, HBO and Warner Bros, after acquiring many brands in a $108.7bn purchase of Time…
firms-call-for-more-help-after-039haemorrhaging-cash039

Firms call for more help after 'haemorrhaging cash'

By Katy Austin & Lucy Hookerbusiness correspondentsimage captionTelevision chef Nisha Katona says debt could push firms out of businessLeisure firms say they need more support after a year of "haemorrhaging cash" and mounting debts due to the pandemic.Businesses from wine bars to bingo halls can reopen on Monday but at reduced capacity making it harder…
no-alternative-to-vaccine-passports-says-dubai-airport-boss

No alternative to vaccine passports, says Dubai airport boss

By Jonathan JosephsBusiness reporter, BBC Newsimage copyrightReutersimage captionCoronavirus has led to a 70% fall in passenger numbers at the world's busiest airport for international passengers in DubaiThe boss of the world's busiest airport for international passengers has said Covid passports are the only way to restart mass foreign travel. Dubai Airports chief executive Paul Griffiths…
covid-a-tenth-of-britain039s-restaurants-lost-during-pandemic

Covid: A tenth of Britain's restaurants lost during pandemic

By Lucy HookerBusiness reporter, BBC Newsimage copyrightGetty ImagesMonday sees another milestone in the reopening of the economy: people in most of the UK will be able to go to a bar or restaurant and eat indoors.But some favourite haunts will no longer be there: over the last year, thousands of establishments have closed, latest surveys…
airbnb-predicts-unprecedented-rebound-in-travel

Airbnb predicts unprecedented rebound in travel

image copyrightGetty ImagesOnline booking platform Airbnb is predicting a travel rebound "unlike anything we have seen before" after seeing a big jump in holiday bookings.In the first three months of the year, US bookings beat pre-pandemic levels, while there was a "steady improvement" in business in the UK and France.Demand for breaks has risen as…