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'Anything with a view': Whitbread eyes staycation bump after $1.4 bln loss


Business Anything with a view : Whitbread eyes staycation bump after $1.4 bln loss
ReutersPushkala Aripaka
3 minutes read
A signage of the Premier Inn Hotel is seen outside the Durham North branch in County Durham, Britain September 22, 2020. REUTERS/Lee Smith
Premier Inn-owner Whitbread (WTB.L) reported a 1 billion pound ($1.39 billion) annual loss on Tuesday but said it expects a significant bounce in staycation demand this summer as COVID-19 curbs in Britain are relaxed.
Whitbread, which also owns the Beefeater and Bar + Block chains, said revenue for the year to March slumped by nearly three quarters, sending its shares down as much as 3.4% to 3,294 pence. ....

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World computer chip crisis has hit supplies of PS5, cars and phones


World computer chip crisis has hit supplies of PS5, cars and phones
Martin Robinson, Chief Reporter For Mailonline
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The supply of PS5 and XBox consoles as well as electric cars, TVs, laptops, printers and 5G phones could be hit for up to 18 months due to a global shortage of microchips after a Taiwan mega-factory was scuppered by Covid-19, Trump s Chinese trade war and even a natural disaster. 
Apple, Sony, Samsung, Epson, Microsoft, Ford, Toyota and Volkswagen are among the huge brands whose products have been delayed or even shelved because of a lack of components. ....

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