Ghana at high risk of debt distress, finance minister says

Ghana at high risk of debt distress, finance minister says

Ghana says reached agreement on program objectives with IMF Ghana will implement debt exchange program Minister outlines measures to cut spending in 2023 budget Ghana 2023 GDP seen slowing to 2.8% ACCRA, Nov 24 (Reuters) – Ghana will freeze the hiring of public and civil servants and extend a moratorium on government car purchases and … Read more

Travel Spending Decreases But Americans Keep Traveling

Travel Spending Decreases But Americans Keep Traveling

Most US travelers are careful with their money and have decreased their travel expenditures, because they are concerned about the possibility of an upcoming recession, a new survey shows. The concerns, though, haven’t stopped them from traveling: 8 of every 10 adult Americans have travel plans. Those are conclusions of an online survey of 4,035 … Read more

Analysis: Airlines reboot as COVID sparks a revolution in one-day business trips

Analysis: Airlines reboot as COVID sparks a revolution in one-day business trips

Most popular airline routes have changed since 2019 – OAG Higher airline ticket prices offsetting fall in trips Environmental concerns a factor for some companies SYDNEY/CHICAGO, Nov 7 (Reuters) – Airlines around the world are ripping up schedules and bringing in new flights to cope with a COVID-triggered trend in corporate travel for executives like … Read more

Italy’s new PM Meloni makes her first foreign trip to EU hub Brussels

Italy's new PM Meloni makes her first foreign trip to EU hub Brussels

Economic pledges, stance on Ukraine in focus Due to meet EU leaders from 1500 GMT Choosing Brussels for first trip welcomed by EU officials BRUSSELS, Nov 3 (Reuters) – Georgia Meloni is making her first foreign visit as Italy’s prime minister on Thursday to the heart of the European Union, a trip welcomed by officials … Read more

An Abundance Agenda For America

An Abundance Agenda For America

Statue of Liberty and New York City Skyline with Manhattan Financial District, Battery Park, Water … [+] of New York Harbor, World Trade Center, Tourboat and Blue Sky. getty Third quarter GDP growth came in at 2.6%, reversing GDP declines in the first and second quarters, but there are still signs of economic weakness. Sales … Read more

Harley cruises past Q3 earnings forecast on improved shipments, shares jump 11%

Harley cruises past Q3 earnings forecast on improved shipments, shares jump 11%

Oct 26 (Reuters) – Harley-Davidson Inc (HOG.N) on Wednesday reported higher-than-expected profit, briefly sending shares up 11% as consumer demand for its popular bike models and price increases during the summer riding season boosted sales. Shares of the iconic motorcycle maker soared in early market trading after the company reported a 60% jump in quarterly … Read more

Mexican carrier Volaris budgets for Mexico Category 1 rating by 2023

Mexican carrier Volaris budgets for Mexico Category 1 rating by 2023

MEXICO CITY, Oct 25 (Reuters) – Volaris airlines is planning its budget on the expectation that Mexico will regain its Category 1 aviation safety rating by the second half of 2023, the Mexican airline’s finance chief said on Tuesday. “We are budgeting for the second half of next year, and we are closely monitoring that,” … Read more

Biden predicts midterms will shift back toward Democrats

Biden predicts midterms will shift back toward Democrats

WASHINGTON, Oct 21 (Reuters) – President Joe Biden expressed confidence on Friday that momentum would shift back in favor of Democrats for the November midterm elections, despite polls favoring Republicans in races that will determine which party controls the US Congress. Fresh from a trip to Pennsylvania on Thursday to boost John Fetterman, the state’s … Read more

AmEx forecasts stronger earnings even as it builds bigger provisions

AmEx forecasts stronger earnings even as it builds bigger provisions

Oct 21 (Reuters) – American Express Co (AXP.N) on Friday forecasts its full-year profit to be higher than initially expected, but built bigger provisions to prepare for potential defaults as an economic downturn looms, sending its shares down 4% before the bell. Despite aggressive rate hikes by the US Federal Reserve to curb soaring inflation … Read more

US cities Orlando and Oahu are rebounding the fastest due to leisure tourism | Travel

US cities Orlando and Oahu are rebounding the fastest due to leisure tourism |  Travel

Tourist havens like Orlando and Oahu are seeing more revenue from taxes levied on overnight hotel stays than their counterparts who rely on business-focused travel. Cities that depend heavily on commercial travel have seen a larger decline in their revenue per available room since the onset of the pandemic, University of Chicago Harris School of … Read more