Trump signals willingness to help airlines and markets jump

SILVER SPRING, Md. (AP) — Shares in major U.S. airlines jumped at the opening bell, pulling the broader market along, after President Donald Trump signaled a willingness to help the decimated carriers in seemingly contradictory tweets.

“The House & Senate should IMMEDIATELY Approve 25 Billion Dollars for Airline Payroll Support,” Trump tweeted late Tuesday night. “I will sign now!”

However, that message followed tweets earlier Tuesday in which Trump said

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Choice Hotels’ Emerging Markets Team Signs Largest Minority Multi-Unit Franchise Agreement In Program History

ROCKVILLE, Md., Oct. 6, 2020 /PRNewswire/ — Choice Hotels International, Inc.’s (NYSE: CHH) one-of-a-kind emerging markets franchise development program has awarded a contract to Fredric Washington to develop six hotels. This new contract with an African American entrepreneur represents the largest minority multi-unit franchise agreement executed in the program’s history.

“Choice Hotels has a longstanding, deep commitment to diversity, equity and inclusion, and we strive to make every associate,

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Koddi Announces Entry Into Vacation Rental and Alternative Accommodations Markets – Press Release

Company Expands Footprint by Bringing Advanced Adtech into New Travel Sub-Verticals

FORT WORTH, Texas, Oct. 06, 2020 (GLOBE NEWSWIRE) — Koddi, a leading marketing technology company for the travel and hospitality industries, today announced it is pursuing a strategic entry into two new travel markets – vacation rentals and alternative accommodation.

“Vacation rental and alternative accommodations have fared better than most travel-related sectors over the past six months,

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Trump’s COVID-19 illness will make financial markets even more volatile

President Trump’s positive COVID-19 test will likely create substantial turbulence within financial markets. We should expect much higher than normal volatility in equity prices and possibly interest rates while the president and the first lady quarantine, because their COVID test results create new economic and political uncertainty, and uncertainty almost always roils financial markets.   

This development creates enormous uncertainty on many fronts, some of which we have not seen before

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Trump’s positive COVID-19 test throws markets pre-election curveball

By Saikat Chatterjee and Lewis Krauskopf

LONDON/NEW YORK (Reuters) – Investors already skittish ahead of U.S. elections in November now have another thing to worry about: the president’s health.

News of Donald Trump’s positive coronavirus test on Friday triggered a decline in oil prices and stocks.

U.S. equities cut some of their losses by the end of the volatile session as investors digested the news and weighed the prospect that

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Air Astana puts post-crisis focus onto domestic and leisure markets | Interview

Strong business in the Kazakh domestic market and an increased focus on point-to-point and leisure routes are key to revamped activity at Air Astana as the coronavirus pandemic continues to reshape the airline sector.

Air Astana’s main flying activity at the height of the crisis involved services from Kazakhstan’s western oil fields to Amsterdam with an Airbus A321neo, alongside some ad-hoc repatriation and cargo charter work.

Peter Foster - President and CEO, Air Astana

But since scheduled passenger

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Singapore to explore reinstating essential travel to Sichuan, Companies & Markets News & Top Stories

SINGAPORE – The Republic will explore ways to facilitate essential business and official travel to Sichuan province in south-western China, Second Minister for Trade and Industry and Manpower Tan See Leng said on Tuesday (Sept 29).

Dr Tan said at the 21st Singapore-Sichuan Trade and Investment Committee Meeting, where he was a co-chair, that there is strong interest in resuming travel between Singapore and Sichuan.

“We hope to revive passenger

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Stocks Tumble as Fed Stresses Need for Stimulus: Markets Wrap

(Bloomberg) — Stocks slumped to an eight-week low amid warnings from Federal Reserve officials on the need for more stimulus to lift the world’s largest economy from a coronavirus-induced recession. The dollar rallied.

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The S&P 500 closed near the threshold that many investors consider to be a market correction, while the Nasdaq 100 tumbled more than 3%, led by giants Apple Inc. and Amazon.com Inc. Fed Chairman Jerome

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