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New Covid-19 Travel Restrictions Rattle Airline Industry, Hit Shares

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Governments across Europe and Asia slapped new restrictions on flights and travelers from a swath of southern Africa, acting to stem the transmission of a new Covid-19 variant identified in the region

are limited to flights coming from a handful of countries that typically encompass a relatively low percentage of international travel. Still, global airline shares fell sharply amid worry that the new variant could take hold elsewhere and lead to broader travel restrictions just as.

are limited to flights coming from a handful of countries that typically encompass a relatively low percentage of international travel. Still, global airline shares fell sharply amid worry that the new variant could take hold elsewhere and lead to broader travel restrictions just as
 

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Stocks slip, havens rally as new COVID-19 variant spooks investorsStocks fell and headed for their largest weekly drop in nearly two months on Friday, while safe haven assets such as bonds and the yen rallied as a new virus variant added to swirling concerns about future growth and higher U.S. interest rates.
Source: Reuters - 🏆 2. / 97 Read more »