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Booking shines on travel rebound, COVID in Europe casts doubts on holiday demand

Booking shines on travel rebound, COVID in Europe casts doubts on holiday demand

© Reuters. FILE PHOTO: A tourist shows his “Green Pass”, a document showing proof of coronavirus disease (COVID-19) immunity, as he enters the Colosseum, in Rome, Italy, September 16, 2021. REUTERS/Yara Nardi By Sanjana Shivdas (Reuters) -Booking Holdings Inc topped market expectations for quarterly profit and revenue on Wednesday, but said a COVID-19 resurgence in…

Australia’s central bank opens door to earlier rate rise, pledges patience

Australia’s central bank opens door to earlier rate rise, pledges patience

© Reuters. FILE PHOTO: Two women walk next to the Reserve Bank of Australia headquarters in central Sydney, Australia February 6, 2018. REUTERS/Daniel Munoz By Wayne Cole SYDNEY (Reuters) – Australia’s central bank took a major step on Tuesday toward unwinding extraordinary pandemic stimulus policies by abandoning an ultra-low target for bond yields and opening…

Biden pick for Fed chair expected soon, Yellen says

Biden pick for Fed chair expected soon, Yellen says

© Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen answers questions during the Senate Appropriations Subcommittee hearing on Capitol Hill in Washington, D.C., U.S., June 23, 2021. Greg Nash/Pool via REUTERS By Andrea Shalal DUBLIN (Reuters) – U.S. Treasury Secretary Janet Yellen said President Joe Biden should pick an “experienced and credible” person as Federal…