Will Cruise Line Stocks Bounce Back Before Airline Stocks?

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Will Cruise Line Stocks Bounce Back Before Airline Stocks?

The travel industry is taking a beating these days. Between stay-at-home orders and tight travel restrictions investors aren’t interested in cruise lines or airlines, and it shows. Cruise line operators have been the hardest hit. Shares of Carnival (NYSE:CCL) …
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JioMart-WhatsApp grocery service to reinvent kiranas

Facebook, is now officially part of the Indian ecommerce story where global biggies Amazon and Walmart (through Flipkart) are fighting it out with the Rs 1,30,566 crore homegrown giant, Reliance Retail. Within a week of picking up a 9.99 per cent stake in …
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Gambling firms pull TV and radio advertising during Covid-19 lockdown

The UK’s major gambling and betting firms today said they will remove all TV and radio advertising for the remainder of the Covid-19 lockdown. Existing ad slots will be replaced by safer gambling messages, donated to charities or removed from broadcast for …
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Microsoft wins five-year deal with Coca-Cola to supply business software

(Reuters) – Microsoft Corp (MSFT.O) on Monday said it had won a five-year deal with Coca-Cola Co (KO.N) to supply business software, including its Teams chat app and tools for customer service agents. The companies did not disclose the size of the deal …
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US oil plunges, Brent below $20 a barrel on storage, economic woes

LONDON (Reuters) – Oil prices slumped again on Monday on concerns over scarce storage capacity, especially in the United States, and global economic doldrums from the coronavirus pandemic. FILE PHOTO: An oil pump jack pumps oil in a field near …
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