Highlights British American Tobacco’s business reported excellent growth in the second half, driven by a new category of products like an e-cigarette, oral nicotine, and tobacco heating. The company has stated that it is on track fo...
Highlights The demand for new cars increased by 1.7 per cent in November on a year-on-year basis, to 115,706 units. Battery electric vehicles (BEVs) market share more than doubled to 18.8 per cent, to 21,726 units and plug-in hybrids&rsqu...
Highlights The UK government has re-introduced pre-departure tests for all passengers arriving in the country. The recent rise in cases of Omicron variant and mandatory quarantine and testing rules is expected to impact the airline sector...
Highlights Toyota Motor Corp’s Western Europe new car sales will be zero-emissions models by 2035. Aston Martin’s shares fell over 8 per cent after it reported its CFO would be stepping down by June 2022 Japanese automake...
Due to the fear of the new variant of coronavirus, omicron, Christmas parties are being cancelled by offices and organisations, which is turning out to be a big blow to the hospitality sector ahead of the festive season. The new covid strain is spe...
Highlights For Q3 2021, InterContinental Hotels Group achieved an average daily rate in line with 2019 levels and occupancy of approximately 60%. In H1 FY22, Whitbread benefitted from £141.6 million received from the government in t...
Highlights Firms belonging to business and professional and consumer services have reported improvement in sentiment. Business spending by the firms from the consumer services and business and professional services improved during the thr...
Highlights The demand outlook for jet fuel now looks uncertain as several countries including the UK, Australia, Japan, Hong Kong and more, have implemented border restrictions Earlier, IEA report had expected that jet fuel demand can gro...
The UK pub and the broader hospitality sector has been among one of the hardest-hit sectors since the onset of the pandemic. And now, with the emergence of the new covid variant, Omicron, there is a certain degree of uncertainty in how the sector w...
With the fear of the new variant of coronavirus omicron spreading rapidly across the world, a new wave of travel restrictions has started coming up for the aviation sector, which is bound to negatively impact travel and tourism yet again. The new c...