(Reuters) – Barry Diller’s IAC/InterActive Corp (IAC.O) said on Monday it has bought a 12% stake in MGM Resorts International (MGM.N) for about $1 billion, sending...
(Reuters) – Royal Caribbean Group (RCL.N) said on Monday testing passengers for COVID-19 was “very likely” going to be part of a new set of safety...
(Reuters) – Marriott International (MAR.O) said on Monday it expects cash burn for the year to be slower than previous estimated as bookings slowly recover from...
SINGAPORE (Reuters) – Singapore’s recession was deeper than first estimated in the second quarter as the coronavirus pandemic dealt a major blow to Asia’s trade-reliant economies....
Tourism promotion officials in Maldives have launched a survey to understand the industry perspective of the the destination’s brand identity. In a statement, the Maldives Marketing...
MILAN (Reuters) – Italy’s economy will rebound strongly in the third quarter and should grow at a rate not far from 15%, Treasury Minister Roberto Gualtieri...
DUBAI (Reuters) – State oil giant Saudi Aramco’s profit plunged 73% in the second quarter of the year, as a slump in energy demand and prices...
LOS ANGELES (Reuters) – Looking for a new way to communicate during the pandemic? A Los Angeles company has created phone booth-sized machines to beam live...
(Reuters) – Berkshire Hathaway Inc on Saturday announced a $9.8 billion writedown and 10,000 job losses at its Precision Castparts aircraft parts unit, as the coronavirus...
(Reuters) – After failing to reach a deal with the U.S. Congress for a fresh round of coronavirus pandemic relief, President Donald Trump signed a series...