By Tanishaa Nadkar (Reuters) – Premier Inn owner Whitbread <WTB.L> plans to cut up to 6,000 jobs at its hotels and restaurants as the COVID-19 pandemic ravages the travel and hospitality industries and the British government...
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Pub operator JD Wetherspoon to cut 400-450 airport jobs
LONDON (Reuters) – British pub operator JD Wetherspoon <JDW.L> said on Tuesday it could cut 400 to 450 jobs at its sites at six airports, including London’s Heathrow and Gatwick, because of the large drop in passengers...
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Unwanted delivery: Rappi spawns black market in worker accounts
By Oliver Griffin BOGOTA (Reuters) – As Rappi has grown in Latin America, particularly in its home country of Colombia, so too has a shadow market for the all-purpose delivery firm’s worker profiles. Rappi, a play on...
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Singapore central bank ‘closely studying’ reports on suspicious bank transfers
SINGAPORE (Reuters) – The Monetary Authority of Singapore (MAS) said on Tuesday that it was ‘closely studying’ media reports that Singapore banks had informed U.S. regulators of suspicious transactions. The move came as...
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COVID-19 vaccine verdicts loom as next big market risk
By Lewis Krauskopf NEW YORK (Reuters) – Optimism that vaccines are on the way to end the coronavirus pandemic has been a major factor in this year’s U.S. stock resurgence. That will face a critical test in coming weeks, as investors...
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European stocks steady after sell-off, travel sector hit again
(Reuters) – European stocks stabilised on Tuesday after a sell-off in the previous session, as technology and healthcare stocks gained, but worries about new coronavirus restrictions in Britain and elsewhere kept travel stocks under...
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