US markets closed higher on Friday after weak US jobs data lowered the odds of Federal Reserve rate hikes. Major US indices spent most of the day solidly in positive territory following the lacklustre hiring data for September. Equities were also supported by a pullback in oil prices after G7 countries agreed to an emergency release of fuel reserves in light of the US-Iran war. Data showed that employment in the United States grew by 29,000 jobs in September, missing analysts' expectations of around 90,000, with the unemployment rate rising slightly to 4.2 percent. The jobs report "is lousy for the economy, but could keep the Fed from making trouble, and so the market was pretty good with it," said Chris Low of FHN Financial. "Today's report may revive the 'bad news is good news' narrative, but hoping for a weaker labor market just to secure easier financial conditions is a poor tradeoff," said eToro analyst Bret Kenwell. Following a positive day on European bourses, the S&P 500 finished up 0.7 percent, with 10 of 11 sectors in positive territory. The S&P 500 gained 56.27 points, or 0.7 percent, to 7,722.72, the Nasdaq Composite gained 319.27 points, or 1.2 percent, to 27,190.86, and the Dow rose...
Read full articleEurope can secure a larger share of the next decade’s Travel & Tourism growth by acting on eight strategic priorities, according to a new report from WTTC, released today at WTTC’s 26th Global Summit in Valletta. The eight priorities are aligned with WTTC’s globally endorsed strategic priorities, approved by its Executive Council, ensuring Europe’s recommendations reflect the key growth, investment and competitiveness priorities identified by the global Travel & Tourism private sector.
Everton owners the Friedkin Group are exploring the sale of the club less than two years after taking control.
Digital travel platform Agoda has partnered with Singapore’s landmark integrated resort, Marina Bay Sands to unveil a bespoke Marina Bay Sands Flagship Store on the Agoda platform. The customized luxury digital storefront brings together Marina Bay Sands’ rooms, suites, and select resort experiences, allowing travelers to explore and book them seamlessly in one place.
On a typical day, Kat O – a tranquil island within the Hong Kong Unesco Global Geopark, in the northeastern waters of the New Territories – sees just a small number of visitors, who arrive mostly for a scenic hike through its heritage trails. However, with an island-wide festival taking place from October 11 to 15, things are about to get lively. In the run-up to the festivities, villagers are busy completing a giant bamboo theatre, traditional puppets and parade lanterns, while local artists...
There are Christmas cities, and then there is Innsbruck. This winter, the Capital of the Alps is adding a major new attraction to its celebrated Bergweihnacht Mountain Christmas programme.
Health officials say flu season has arrived early this year, but how worried should Canadians be? As we head into Thanksgiving weekend, the CBC looks at where the flu is hitting hardest and how you can get your vaccine.
The luxury St James’s Place hotel will offer 85 redesigned rooms and suites and a new restaurant when it reopens in 2027 The post Dukes London Reopens in 2027 with Wolseley Restaurant and GHA Discovery Perks appeared first on Business Traveller.
WTM London, powered by RX Global, has reconfirmed its commitment to the next generation of talent with a range of offers for students and graduates wanting to attend the world’s most influential travel and tourism event. Its connection with the workforce of the future is primarily secured through its long-standing partnership with ITT Future You, part of the Institute of Travel and Tourism. Every year since 2009, WTM and ITT Future You have co-hosted a dedicated forum for students and graduates as part of the WTM London conference programme.
Firmus said it had made the decision due to "recent market volatility and prevailing market conditions".
From volcanic landscapes to beautiful pebbled beaches, here are the best island destinations across Europe where you can still catch the sun in autumn and winter.
The last basket of dim sum is sold, the roller shutter comes down, and another Cantonese restaurant in Hong Kong closes. Nine months into 2026, this scene has already played out at least 30 times. The causes are familiar – sky-high rents, thin margins, rising costs, and dining habits reshaped by the pandemic years. Legislative Council figures show that between 2018 and 2025, the number of Cantonese restaurants and banquet halls in Hong Kong fell from 1,790 to 1,500, representing a 16 per cent...
More than 260 industry leaders met to discuss the role wealthy residents play in Jersey's economy.