Investors track data, Fed minutes

Investors track data, Fed minutes

Eurozone PMIs point to recession but slowdown eases Euro zone November flash PMI (purchasing managers’ index) readings on Wednesday reaffirmed that the 19-member currency bloc has entered recession, but the downturn in business slowed slightly. S&P Global’s flash composite PMI, which encompasses services and manufacturing and is seen as a reliable gauge of economic health, … Read more

Is a flight really quicker than a train? I put it to the test from London to Lyon

Is a flight really quicker than a train?  I put it to the test from London to Lyon

Though many of us regularly take trains within our own country, we often don’t think of doing the same when traveling abroad. We can easily come up with excuses for plane over train: not enough holiday leave from work, planes are cheaper or, even, that we wouldn’t know how to book long distance train journey. … Read more

UK finance minister cuts short IMF trip as pressure builds for U-turn

UK finance minister cuts short IMF trip as pressure builds for U-turn

Truss is under immense pressure to rethink her economic policies as opinion polls show support for her government has collapsed. Jacob King | Pa Pictures | Getty Images LONDON — UK bond yields fell on Friday after it was announced Prime Minister Liz Truss will hold a news conference later in the day. It comes … Read more

What are the best business hotels in Europe: London, Paris, Frankfurt

What are the best business hotels in Europe: London, Paris, Frankfurt

International travel may still have its challenges. But finding a solid hotel for a business trip isn’t one of them. CNBC Travel and the market data firm Statista today release a ranking of the “Best Hotels for Business Travelers” in Europe. This is the first ranking of its kind between CNBC and Statista, who are … Read more

New British Chancellor Kwasi Kwarteng Reverses Rishi Sunak’s Scrapping Of Tax-Free Shopping For International Tourists

New British Chancellor Kwasi Kwarteng Reverses Rishi Sunak's Scrapping Of Tax-Free Shopping For International Tourists

British Chancellor Kwasi Kwarteng has delivered some good news for retailers on tax-free shopping. … [+] (Photo by Carl Court/Getty Images) Getty Images The British government under new prime minister Liz Truss unveiled a raft of policies in a tax-cutting mini-budget on Friday. Key among them for the retail and luxury industries was the decision … Read more

Executives defend industry as airlines cancel flights around the world

Tech companies, banks overstaffed while airlines, hotels need workers

Air travel is roaring back, but not without some significant hiccups. Particularly in North America and Europe, travelers have described chaos at airports, with scores of flights canceled or delayed, luggage lost and wait times to board planes exceeding four hours. That’s partly the result of labor shortages from the pandemic, as layoffs have put … Read more

The Top Value Travel Destinations for Fall Flights

The Top Value Travel Destinations for Fall Flights

According to Expedia data, Americans increased their travel search for fall by 40 percent in 2022 over 2021, demonstrating a preference for international destinations such as Barbados, Ho Chi Minh City, London and Munich, among others. In addition, the online travel agency revealed some of the destinations that offer the best value when it comes … Read more

JACI STEPHEN: Why I ALWAYS refuse to switch my airline seat to help families sit together

Jaci (pictured in her forward-facing business class seat, next to a window, near the emergency exit and as close to the front of the plane as possible) writes: I've lost count of the times I've been singled out as a single woman on her own and asked to change my seat.  I suspect it's because people think we're going to be the softest touch.  Wrong.

Every summer, it happens: a family who hasn’t had the us to book seats together on a plane asks a single passenger to move, in order to accommodate them. This week, it’s Irish model and mother-of-three Vogue Williams, who publicly berated a fellow passenger for not wishing to give up his aisle seat and move … Read more

American vs Delta vs United: Travel experts compare their business class cabins on flights to NYC

Head of TPG UK Nicky Kelvin put the Delta posh seat (above) to the test

They’re America’s three biggest airlines and all offer services between London and New York, the biggest money-spinning airline corridor in the world. But how are American Airlines, Delta and United ensuring they reel in the big business-class bucks for this route? Travel experts from The Points Guy UK (TPG UK) find out by comparing the … Read more

The cheapest and most expensive cities in Europe to visit this year

The cheapest and most expensive cities in Europe to visit this year

It may seem paradoxical, but a trip to Europe may be a way to save money on travel this year. Amid has global scramble to find ways to save money while traveling, hotel rates dropped in many European cities. Average airfares originating from the United States are also down, according to travel specialists. Another boon … Read more