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Fitch upgrades its China growth forecast for 2021

Fitch upgrades its China growth forecast for 2021

Posted By: Editorial Teamon: December 10, 2020In: ECONOMY, NEWSNo Comments

 Fitch Ratings raised its forecast this week for China’s economic growth next year, based on increased domestic demand and expectations for coronavirus vaccine deployment. Fitch now expects China’s gross domestic product to expand 8% in 2021, up from the 7.7% rate forecast in September. “This would be well above our estimate of China’s long-term growth […] Read more

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The global pandemic’s newest luxury traveler? Your pet

The global pandemic’s newest luxury traveler? Your pet

Posted By: Editorial Teamon: September 21, 2020In: MARKETING, NEWSNo Comments

Hotels are rolling out the red carpet for a new breed of traveler: your new puppy. Lockdowns, social distancing and new work-from-home arrangements have caused animal adoptions to soar across the United States. A new TD Ameritrade survey found that 33% of Americans — and half of millennials — have considered fostering or adopting a pet […] Read more

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Low-cost European airlines one of the best opportunities in fixed income, strategist says

Low-cost European airlines one of the best opportunities in fixed income, strategist says

Posted By: Editorial Teamon: July 24, 2020In: CITIZENSHIP, NEWSNo Comments

Despite airlines being one of the worst-hit sectors by the coronavirus pandemic, the debt of low-cost European airlines is one of the most attractive opportunities in fixed income at present, according to AXA Investment Managers Senior Portfolio Manager Nicolas Trindade. Passenger numbers remain well below pre-Covid levels, and airline bond yields remain significantly elevated compared […] Read more

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The coronavirus crisis is pushing 13 UK universities towards insolvency, study says

The coronavirus crisis is pushing 13 UK universities towards insolvency, study says

Posted By: Editorial Teamon: July 06, 2020In: NEWSNo Comments

Thirteen universities, or colleges, in the U.K. are at risk of going bankrupt as the coronavirus pandemic hits their finances and challenges the entire sector, a study by Institute for Fiscal Studies warned Monday. Social distancing measures, travel restrictions and lockdowns have tested the ability of universities to survive without students. In the wake of the pandemic, […] Read more

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