Rating agency Moody’s warns of “substantial risk” at Tui

Empty luggage straps at the Tui check-in Even before the corona crisis in December, Moody’s had downgraded the Hanoverian group’s credit rating to “speculative”. (Photo: dpa) Dusseldorf A week after the presentation of Tui’s quarterly figures, the rating agency Moody’s on Wednesday drastically tightened the warnings of a credit default by the holiday provider by […]

Hope for vaccine is fueling Wall Street

New York, Dusseldorf The prospect of further cash injections by the US Federal Reserve is attracting investors to the US stock markets. Wall Street received additional tailwind from encouraging test results from a possible coronavirus vaccine. The US standard value index Dow Jones closed on Monday by 3.9 percent to 24,597 points. The technology-heavy Nasdaq […]

Royal Caribbean extends offer to cancel paid vacations

The vacation boat company Royal Caribbean Group you are extending your cancellation policy “Cruise with Confidence” to cruise bookings through April 2022. For new and existing reservations made before August 1, 2020, guests have the flexibility to cancel their cruise up to 48 hours before departure and receive a full cruise price credit to apply […]

Hope for the near end of the virus crisis is driving the US stock market

new York The easing of corona virus restrictions in several countries encouraged investors to re-enter the US stock market on Tuesday. Investors were also optimistic about the rise in the oil price. The Dow Jones closed 0.6 percent higher at 23,883 points. The technology-heavy Nasdaq advanced 1.1 percent to 8809 points. The broad S&P 500 […]

US exchanges give way despite oil deal

US exchanges After the Easter weekend, the stock exchanges start trading and react to the Opec plus oil deal. (Photo: AP) new York Wall Street started the new trading week at a loss. The upcoming balance sheet season casts its shadows ahead, experts said. Many investors expected weaker results from the corona virus outbreak and […]