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Air travel rebound highlights uneven Covid recovery


Air travel rebound highlights uneven Covid recovery
3 May, 2021 10:54 PM
5 minutes to read
Landing in Houston: American air passengers are returning to the skies in their largest numbers since the start of the pandemic. Photo / Charlie Riedel
Landing in Houston: American air passengers are returning to the skies in their largest numbers since the start of the pandemic. Photo / Charlie Riedel
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By: Bobby Caina Calvan and Healther Hollingsworth
As a new country was added to New Zealand s safe travel area yesterday, air travel in the US hit its highest mark since COVID-19 took hold more than 13 months ago. Meanwhile European Union officials are proposing to ease restrictions on visitors to the continent as the vaccine sends new cases and deaths tumbling in more affluent countries. ....

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Solid earnings lift European stocks ahead of ECB meeting outcome


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(Reuters) -European stocks moved towards record highs on Thursday after stumbling earlier in the week, as a set of strong earnings reports brightened sentiment ahead of the European Central Bank s policy decision.
The pan-European STOXX 600 index rose 0.5%, extending gains for a second day, after fears of a new wave of COVID-19 cases pushed European markets to their worst day in 2021 on Tuesday.
Euro zone stocks outperformed, up 0.6%, boosted by shares in Dutch seminconductor equipment maker ASML as its strong earnings forecast on Wednesday spurred many brokerages to lift their price targets.
Heavyweight Nestle rose 3.7% after reporting its strongest quarterly sales growth in 10 years, helped by demand for coffee, dairy and petcare products. ....

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