Posts filtered by tags: London[x]


STR: Preliminary July Data For London Hotels

STR's preliminary July data for London hotels showed record-low occupancy.
Tags: Travel, London, London Hotels

Kashmir’s doctors, patients struggle as critical medical services are crippled by year-long Internet shutdown in region

By Aakash Hassan This is the final part in a series of three articles chronicling the impact of the nearly year-long disruption in internet services in the Kashmir region, one of the longest in the world. Part Three looks at how medical services have been affected. It had been two months since Shaista Jan lost her mother to cardiac arrest and a month prior to that her brother had lost his life in a car accident. The loss of two close family members in quick succession had taken a major toll...
Tags: Travel, London, News, Kashmir, Telemedicine, World Health Organization WHO, Srinagar, Jan, Ahmad, Pulwama, Farooq, Shafi, Wani, Jammu and Kashmir, Irfan Ahmad, Shifa

Uber picks up Autocab to push into places its own app doesn’t go

Uber has bought UK based Autocab, which sells SaaS to the taxi and private hire vehicle industry, with the aim of expanding the utility of its own platform by linking users who open its app in places where it doesn’t offer trips to local providers who do. No acquisition price has been disclosed and Uber declined to comment on the terms of the deal. Autocab has a SaaS presence in 20 countries globally at this stage, according to an Uber spokeswoman. We’ve asked whether it will be closing a mar...
Tags: Travel, Fundings & Exits, Transportation, Uber, Apps, Europe, UK, London, United Kingdom, SaaS, Oxford, Manchester, Gm, Colchester, Ipswich, Taxi Apps

London-based Weezy raises seed funding for its 15-minute grocery delivery app

First there was same-day delivery. Then came one-hour delivery. Now a new London startup wants to make 15 minute delivery a thing. Putting the hyper hyper-local into online grocery shopping, Weezy combines its own strategically located fulfilment centres with a fleet of electric moped and bicycle couriers, ready to accept orders via the Weezy app. Its founders, Kristof Van Beveren and Alec Dent, think they’ve spotted a gap in the market for an online grocery service that targets “time-poor profe...
Tags: Travel, TC, London, Chelsea, Sainsbury, Morrisons, Fulham, Amazon Fresh, Weezy, Van Beveren, Heartcore Capital, Kristof Van Beveren, Alec Dent, Ocado Tesco Sainsbury, Stuart Amazon Prime Now

The Guardian view on wildlife in lockdown: feeling the pressure | Editorial

If countries that use tourism to fund conservation are not supported, species and habitats will disappear At London zoo, the giraffes, which are easily visible from the street, had regular visitors even during lockdown, and an illuminated NHS sign on their famous building. Like most other attractions that rely on tourists for income, zoos forced to shut owing to the coronavirus face a financially fraught future. But the risks to captive animals and their keepers are nothing to those faced by wil...
Tags: Travel, UK, London, China, Animals, Africa, Environment, Uganda, Asia Pacific, South Africa, Wildlife, Conservation, NHS, Amazon Rainforest, Safaris, Illegal wildlife trade

Malaysia Open to Settling 1MDB Case Against #AbuDhabi State Fund - Bloomberg

Malaysia Open to Settling 1MDB Case Against Abu Dhabi State Fund - Bloomberg:Malaysia is open to settling its legal battle with Abu Dhabi’s state investment fund over 1MDB, just weeks after clinching a multibillion dollar deal with Goldman Sachs Group Inc. over the troubled state fund.The country is willing to consider a settlement if International Petroleum Investment Co. makes an offer that’s in line with Malaysia’s intent to retrieve assets and ensure justice is carried out, Attorney-General ...
Tags: Travel, London, Malaysia, Goldman Sachs, Abu Dhabi, Goldman Sachs Group Inc, Najib Razak, Rupert Neil Bumfrey, Ipic, International Petroleum Investment Co, AbuDhabi State Fund Bloomberg, Abu Dhabi State Fund Bloomberg, Idrus Harun

Airlines Take Hit as IAG Seeks to Raise Capital, KLM Cuts Jobs - Bloomberg

:Two of Europe’s biggest airlines ratcheted up their response to the coronavirus crisis, underscoring the depth of the downturn and the urgent race to keep ahead of the financial repercussions.British Airways owner IAG SA set plans for 2.75 billion-euro ($3.3 billion) rights offering, while rival Air France-KLM’s Dutch arm said it would lop off 15% of its workforce and said will also resort to raising fresh equity. Both reported record quarterly losses on Friday, a measure of the strain on netwo...
Tags: Travel, Europe, London, Iag, British Airways, Willie Walsh, Air France KLM, Rupert Neil Bumfrey, IAG SA, KLM Cuts Jobs Bloomberg

#Kuwait Fund Sues London Boss Who ‘Blew’ Budget on Bonuses - Bloomberg

Kuwait Fund Sues London Boss Who ‘Blew’ Budget on Bonuses - Bloomberg:Kuwait Investment Authority, the fourth-largest sovereign wealth fund, is caught up in a legal dispute with former managers at its U.K. office over accusations of inflated bonuses.The fund alleges that Simon Hard, who oversaw fixed income at its London branch, and two other managers “blew the whole budget” by raising salaries and bonuses while a senior executive was away. It’s filed a claim for more than 1 million pounds ($1.3...
Tags: Travel, London, Bloomberg, Kuwait, Financial Times, Kuwait Investment Authority, Simon, Rupert Neil Bumfrey, Adam Solomon, State Audit Bureau

UK coronavirus live: transport secretary Grant Shapps to return from Spain amid quarantine row

Death toll rises by seven, lowest daily figure since March; disarray after Spain quarantine imposed; pet cat first animal in UK to test positivePet cat diagnosed with Covid-19 in first UK case of animal infectionNo 10 tells holidaymakers to claim universal credit for quarantineUK-Spain flights and holidays: what are your rights?Earlier lockdown ‘would have saved lives of London bus drivers’Coronavirus: latest global updates 6.16pm BST Grant Shapps told the Sun: ...
Tags: Travel, Health, Politics, UK, London, Animals, Pets, Spain, UK News, Daily Mail, Infectious Diseases, Belgium, Grant Shapps, Sadiq Khan, Coronavirus outbreak, COVID

UK coronavirus live: death toll rises by seven, lowest daily figure since March, as quarantine row continues

Monday’s is lowest daily headline total since before lockdown; disarray after Spain quarantine imposed; pet cat first animal in UK to test positivePet cat diagnosed with Covid-19 in first UK case of animal infectionNo 10 tells holidaymakers to claim universal credit for quarantineUK-Spain flights and holidays: what are your rights?Earlier lockdown ‘would have saved lives of London bus drivers’Coronavirus: latest global updates 5.06pm BST The government has recorded a further seven UK coronav...
Tags: Travel, Health, Politics, UK, London, Animals, Pets, Spain, UK News, Infectious Diseases, Public Health England, Canary Islands, Balearic Islands, Murcia, Fco, Sadiq Khan

UK coronavirus live: disarray after Spain quarantine imposed; pet cat first animal in Britain to test positive

Growing concern more travel plans could be thrown into chaos in coming weeks with sudden changes to restrictions Pet cat diagnosed with Covid-19, UK government confirmsUK could impose more ‘handbrake restrictions’ on arrivals beyond SpainUK-Spain flights and holidays: what are your rights?Earlier lockdown ‘would have saved lives of London bus drivers’Coronavirus: latest global updates 1.30pm BST Here is more from the Defra news release about the pet cat testing positive for coronavirus.The p...
Tags: Travel, Health, Politics, UK, London, Spain, UK News, Britain, Sadiq Khan, Weybridge, APHA, Environment Food and Rural Affairs, Coronavirus outbreak, COVID, SpainUK Spain, Animal and Plant Health Agency APHA

UK coronavirus live: holidaymakers' plans in disarray after Spain quarantine imposed

Growing concern more travel plans could be thrown into chaos in coming weeks with sudden changes to restrictions Quarantine for travellers from Spain is blunt tool, says LabourUK could impose more ‘handbrake restrictions’ on arrivals beyond SpainEarlier lockdown ‘would have saved lives of London bus drivers’Coronavirus: latest global updatesSee all our coronavirus coverage 12.19pm BST More than a quarter of black, Asian and minority ethnic (BAME) NHS staff are still waiting for a risk assess...
Tags: Travel, Health, Europe, Politics, UK, England, London, Spain, UK News, NHS, Canary, Balearic Islands, Sadiq Khan, Health Service Journal HSJ, PA Media, Coronavirus outbreak

#Kuwait sovereign wealth fund fights court battle with fired executives | Financial Times

Kuwait sovereign wealth fund fights court battle with fired executives | Financial Times:The Kuwait Investment Authority’s London arm has launched High Court proceedings against former executives over an alleged conspiracy to award unlawful pay increases.The case is part of a broader dispute between the $600bn sovereign wealth fund and a number of former employees, which began during a period of upheaval after Saleh Al-Ateeqi, a former McKinsey partner who once worked for Tony Blair, was appoint...
Tags: Travel, London, High Court, Tony Blair, Kia, Kuwait, | Financial Times, Kuwait Investment Authority, Mckinsey, Rupert Neil Bumfrey, KIO, Saleh Al Ateeqi, Kuwait Investment Office

Global Hotel Profit Performance Sticks To Script

London - As the second quarter of 2020 closed, global regions continued to struggle with the effects of the coronavirus, with some areas jumping the gun on reopening (others better) and worry over further spikes that could thwart the hotel industry's ability to get back to some semblance of normalcy.
Tags: Travel, London

#Dubai logistics firm Tristar seeks Dubai listing, sources say | Nasdaq

Dubai logistics firm Tristar seeks Dubai listing, sources say | Nasdaq:Dubai logistics company Tristar has approached investment banks as it looks at a potential initial public offering in Dubai, two sources told Reuters, after a plans for a London listing did not proceed last year.The company contacted local and regional banks to bid for joint bookrunner roles for the listing on the Dubai Financial Market, the sources familiar with the matter said. They declined to be identified as the deal is ...
Tags: Travel, London, Dubai, Reuters, Tristar, Dubai Financial Market, Rupert Neil Bumfrey, Moelis Co MC N

New Viking World Cruises

New Viking World Cruises New Viking World Cruises announced for 2021 and 2022. Viking has just released their 2021-2022 Viking World Cruise from Fort Lauderdale to London. This unforgettable sailing spans 136 days, covering six continents, 27 countries, and 57 ports. Further, you will have ample time to explore the world’s most fascinating cities including Papeete, Auckland, Bali, Ho Chi Minh City, Singapore, Luxor, Istanbul, and more. 2021-2022 Viking World Cruise Itinerary Map. CLICK FOR L...
Tags: Travel, London, Featured, Los Angeles, Viking Cruises, Fort Lauderdale, Roaming Boomers Travel Services, Viking World Cruise, Silver Spirits

NMC seeks up to $250 million ahead of #UAE insolvency proceedings: sources - Reuters

NMC seeks up to $250 million ahead of UAE insolvency proceedings: sources - Reuters:Hospital operator NMC Health is looking to raise up to $250 million in debt while it prepares for insolvency proceedings in the United Arab Emirates and has picked Perella Weinberg Partners to advise it on the process, sources said.The company, run by administrators Alvarez & Marsal, has also tasked Perella to advise it on the sale of UK-based Aspen Healthcare, a company it acquired in 2018, the two sources famil...
Tags: Travel, UK, London, United States, United Arab Emirates, Uae, Reuters, NMC, Perella Weinberg Partners, Rupert Neil Bumfrey, Alvarez Marsal, NMC Health, NMC Health Plc, Abu Dhabi Global Markets ADGM, Aspen Healthcare, Perella

Plum raises $10M for its ‘smart’ money management app

Plum, the London and Athens-based fintech that offers a ‘smart’ money management app to help you improve your “financial resilience,” has raised a further $10 million in funding, as it gears up for European expansion. The new round is led by Japan’s Global Brain, and the European Bank for Research and Development, which has participated in previous Plum funding rounds. In addition, the company has received further funding from early backer VentureFriends, matched by the U.K. taxpayer via the ...
Tags: Travel, TC, Europe, Japan, London, Greece, France, Finance, Spain, Artificial Intelligence, United Kingdom, Athens, Plants, Bank, Financial Services, Up

No breakfast buffet and sanitising fog machines: a night in a post-lockdown London hotel

I'm afraid I can't take your bags," says the manager of The Dixon, a boutique hotel just south of Tower Bridge. He greets me in the lobby on reopening day (Saturday 4 July) after the pandemic forced the hotel to close for four months. A smile beams from behind the clear plastic visor that covers his face. "We have a new procedure, you see." 
Tags: Travel, London, Dixon

Former Unaoil managers convicted in Britain of Iraq bribery - Reuters

Former Unaoil managers convicted in Britain of Iraq bribery - Reuters:The verdict marks a milestone in the British arm of a four-year, global inquiry into how Unaoil, once run by the prominent Ahsani family, helped major Western companies secure energy projects across the Middle East, Central Asia and Africa over two decades.A London jury found British-Lebanese Ziad Akle, Unaoil’s former Iraq territory manager, and Stephen Whiteley, a British former manager for Iraq, Kazakhstan and Angola, guilt...
Tags: Travel, UK, London, Iraq, Africa, Britain, Middle East, Angola, Reuters, Middle East Central Asia, Serious Fraud Office SFO, Rupert Neil Bumfrey, Unaoil, Ahsani, Paul Bond, Stephen Whiteley

STR: Preliminary June data for London hotels

STR's preliminary data for London hotels showed record performance lows. Comparison with June 2019:
Tags: Travel, London

An Introduction to Hagia Sophia: After 85 Years as a Museum, It’s Set to Become a Mosque Again

No tour of Istanbul can fail to include Hagia Sophia. The same is true enough of the British Museum in London or the Louvre in Paris, but Hagia Sophia is more than a museum: it's also spent different stretches of its near-millennium-and-a-half of existence as an Eastern Orthodox cathedral, a Roman Catholic cathedral, and a mosque. Stripped of its religious function in the mid-1930s by the administration of President Mustafa Kemal Atatürk, remembered for his creation of a secular Turkish ...
Tags: Travel, Google, Facebook, London, College, Turkey, Syria, Ars Technica, History, Bbc, Architecture, Egypt, Paris, Erdogan, Seoul, Lebanon

NMC's #UAE entity weighing #AbuDhabi option for restructuring: sources - Reuters

NMC's UAE entity weighing Abu Dhabi option for restructuring: sources - Reuters:Troubled hospital operator NMC Health’s entity in the United Arab Emirates (UAE), NMC Healthcare LLC, is considering applying for restructuring and insolvency proceedings locally, two sources familiar with the matter said.The move comes three months after NMC Health Plc (NMMCF.PK), the London-listed holding company for the hospital group, went into administration in April after months of turmoil over its finances.The...
Tags: Travel, London, Abu Dhabi, Uae, Reuters, United Arab Emirates UAE, NMC, Rupert Neil Bumfrey, NMC Health, NMC Health Plc, Abu Dhabi Global Markets ADGM, NMC Healthcare LLC, NMC Health Plc NMMCF

LocalGlobe and TransferWise’s Taavet Hinrikus back ‘frictionless finance’ startup Radix

Radix, a U.K. startup that’s building a decentralised finance protocol on which new financial apps can connect and be built on top of, has raised $4.1 million in new funding. Backing the company, which counts the Ethereum network and a number of other “DeFi” projects as competitors, is London-based seed-stage VC LocalGlobe and TransferWise co-founder Taavet Hinrikus. Radix DLT Ltd. — separate from the non-profit Radix Foundation — had previously raised $1.9 million in equity funding in the form ...
Tags: Travel, Fundings & Exits, Startups, TC, Europe, London, Nasdaq, Skype, Btc, Taavet Hinrikus, Saul Klein, Radix, Netscape, Shanghai Stock Exchange, Dan Hughes, Localglobe

Nauta Capital launches fifth fund with €120M to back early-stage European B2B startups

Nauta Capital, the pan-European venture capital firm that invests in B2B technology startups at seed and Series A, is launching its fifth fund. The new vehicle has an initial close of €120 million and is expected to surpass the VC’s 2016 fund, which topped out at €155 million. With offices in London, Barcelona and Munich, Nauta Capital has over half a billion under management and is supported by a team of 24 people, making it one of Europe’s largest B2B focused VCs. The firm invest in companies ...
Tags: Travel, Fundings & Exits, Startups, TC, Facebook, Europe, London, Microsoft, Germany, Berlin, America, Spain, General Partner, Nauta, ARR, Carles

Hotel Rate Trends Summer 2020: London & Paris | By Alex Sogno

Global Asset Solutions and Origin World Labs present a study for hoteliers, revenue managers and owners with key market trends by region for Summer 2020. As hotels begin to re-open, revenue managers need to decide their pricing and rate strategy. As there is no historical data to refer to, revenue managers will need to pay attention to their entire market and look beyond their comp set.
Tags: Travel, London, Paris, Alex Sogno, Global Asset Solutions

United adds flights for August 2020

As demand for travel picks up again, United Airlines is adding nearly 25,000 flights to its schedule for August. Most of these additions will come in the form of domestic flights as United prepares to add over 600 daily flights to more than 200 airports across the United States, resume 50 suspended routes, and double the number of flights from its New York/Newark hub. By August, the airline will be operating 48 percent of its 2019 domestic schedule. In a press release, Ankit Gupta, United’s ...
Tags: Travel, Europe, London, Summer Travel, Montana, Mexico, US, San Francisco, Chicago, Frankfurt, United States, Brussels, Newark, United, Caribbean, Zurich

European flight bookings reveal ‘London is falling’

Flight booking data shows London has fallen to the bottom of the top 10 most booked European cities, as border restrictions and UK quarantine regulations choked travel, according to joint research by the World Travel & Tourism Council (WTTC) and ForwardKeys.
Tags: Travel, UK, London, World Travel Tourism Council WTTC

New York court subpoenas Etihad, Fitch in $1.2 billion debt battle - Reuters

New York court subpoenas Etihad, Fitch in $1.2 billion debt battle - Reuters:A New York court has sent subpoenas to Etihad and ratings agency Fitch this week seeking a document at the centre of a battle over $1.2 billion in debt issued by the Abu Dhabi carrier and airlines it partly owned, according to legal documents reviewed by Reuters.Investors, including fixed-income specialist BlueBay Asset Management, are seeking access to a “debt assumption agreement” signed by Etihad and Alitalia, the It...
Tags: Travel, New York, London, Amsterdam, Abu Dhabi, Etihad, Alitalia, Reuters, Fitch, Reuters Investors, Rupert Neil Bumfrey, BlueBay Asset Management, Etihad Fitch, EA Partners EAP

Your Favorite Paris Story-Part 2

A number of you submitted their Favorite Paris Story after the deadline, so I decided to run Your Favorite Paris Story Part 2. Thanks again for submitting your stories.  From Beverley Jackson (Photo Above) - My First Trip to Paris  My first trip to Paris was with my parents in 1954. We traveled with huge trunks from Los Angeles to New York by train then the new ship S S United States. No quick flights then.  I loved it all. Especially the old taxis drivers with Cigarettes dangling from ...
Tags: Travel, Europe, New York, London, Greece, France, Los Angeles, United States, Paris, Algeria, Nancy, Embassy, Churchill, Le Havre, Place De La République, Roland

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