Bitcoin fails its first inflation test as the selloff deepens

Bitcoin’s steep sell-off undermines the argument made by advocates of the digital currency that it is a hedge against inflation. The original cryptocurrency has lost about half of its value since mid-April and fizzled out after a spectacular rally that rose from around $ 7,000 in early 2020 to over $ 60,000. It was trading … Read more

Bitcoin is making headway with younger US investors

Story highlights 6% of US investors now own Bitcoin, up from 2% in 2018 13% of investors under 50 own it, compared to 3% of older investors Concern that Bitcoin is “very risky” has decreased WASHINGTON, DC – Over the past three years, Bitcoin has grown in prominence, interest, and ownership among US investors. Although … Read more

China Evergrande to review list of tourism companies – BNN Bloomberg

(Bloomberg) – China Evergrande Group is considering the prospect of listing its tourism business as the world’s most heavily indebted developer seeks to convince investors it can generate enough cash to repay loans, according to people familiar with the matter . The company has held preliminary talks with consultants about a possible IPO for the … Read more

Ministry of Tourism proposes reactivation of activities in phases

PUTRAJAYA (Bernama): The Ministry of Tourism, Art and Culture is in the process of proposing to the National Security Council (NSC) to reactivate tourism activities in phases. The proposal has four levels, with level 1 enabling intra-district travel and tourism activities within the district, level 2 enabling travel and inter-district tourism, level 3 inter-state travel … Read more

Ministry proposes gradual reopening of tourism activities | Malay Post

Local tourists are seen in the Armenian Street Arts District, George Town, June 15, 2020. – Picture by Sayuti Zainudin PUTRAJAYA, July 22 – The Ministry of Tourism, Arts and Culture (Motac) is in the process of proposing to the National Security Council (NSC) that tourism activities be reactivated in phases. The proposal has four … Read more

Self-isolation rules could ruin stays as the UK tourism industry faces a staffing crisis

The nation’s residency plans could be in tatters if hotels, restaurants, and visitor attractions continue to lose staff to self-isolation at current rates. Tourism bosses fear that water parks and swimming pools as well as museums, heritage sites and theaters will have to close if only one person working on a particular attraction tests positive … Read more

How a digital assistant powers Tourism Australia’s content and consumer insights development

More extensive and informative customer sentiment analytics, increased engagement through personalized next-best promotions and recommendations on content gaps are the big gains Tourism Australia makes after investing in chatbot technology. Tourism Australia’s GM strategy and transformation, said Paul Baileyley GMO that when it comes to the advertiser’s own website, the overall goal is to help … Read more