AMID global travel restrictions and safe-distancing measures, property developer and hotelier Amara Holdings expects its financial performance for 2020 to be"severely impacted" from a broad weakness across all business segments, but it remains"optimistic" about the hotel industry’s prospects.
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US consumers grew slightly more optimistic about jobs and earnings in MayU.S. consumers felt slightly more optimistic about their finances and job security in May as businesses began to reopen and rehire workers ...
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Asian companies at higher risk of default this year - dataNet debt to EBITDA (earnings before interest, taxes, depreciation, and amortisation), which shows how many years it would take a company to pay back debt, was at its highest since June 2014. 'We expected the pick-up in default rates to be mostly amongst smaller companies who already had a stretched
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