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In addition to rampant inflation in the price of grain and other foodstuffs, the markets are seeing a major supply shortfall of cooking oils, including sunflower and palm oils, that is causing their prices to surge as well. Looking ahead to Q2 2022, 15 retailers issued negative preann...
At the height of the pandemic, occupancy was less than 15% for luxury hotels and around 40% industrywide. Throughout 2022, the hotel industry will still face pandemic-related challenges and heightened responsibility to ensure the safety of travelers and workers. Grading hotel stoc...
Travel will rebound strongly in 2022. Consumers are eager to travel and short-haul continental traffic will benefit from pent-up leisure demand. The closure of airspaces is a new blow for aviation and Covid is a headwind for China meaning the return to profitability may be pushed ...
There's still a long road to recovery for global passenger travel. U.S. airlines looking to fly fewer but fuller flights which will help on profitability. Airline industry to get back to pre-pandemic levels sometime around 2024-25. For further details see: Air Travel Dem...
Oil prices have risen sharply over the past year, pushing up fuel costs for heavy-fuel consumers, and fuel prices are expected to stay high this year. Airlines are highly sensitive to fuel price increases. Aircraft consume an average of 3-3.5 litres per 100 passenger-kilometre. Wi...
European energy markets became very tight and volatile over the course of 2021. Most industrial sectors are energy-intensive and rely more on gas and power for heating and feedstock, where prices have skyrocketed. High-profit margins are a cushion for higher procurement prices. ...
The January U.S. CPI report indicated a higher pace of inflation than many observers expected. The price level of the core CPI advanced 0.6% month-over-month, largely driven by price hikes in retail goods. While we believe the CPI report increases the probability of the U.S. Federal R...
U.S. retailers have endured multiple supply chain disruptions during the pandemic – and the costs are huge. The pandemic has affected just about all retailers’ supply chains. The Refinitiv Restaurant Same Store Sales index took a big plunge into negative territory in...
MIDDLETOWN, Del., Jan. 10, 2022 (GLOBE NEWSWIRE) -- The SonicShares™ Global Shipping ETF (NYSE Arca: BOAT) (the “Fund”) recently paid a quarterly distribution of $0.3520 per share on December 31, 2021, to shareholders of record as of the close of business December 2...
The anticipated end of the pandemic causes volatility because a transition phase will be priced as a new rotation from, for example, defensive staples to healthcare. Healthcare ETFs can add a defense to a portfolio that is overweight cyclicals, energy, and financials. US Airlines ...
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KELOWNA, BC / ACCESSWIRE / March 12, 2024 / Tryp Therapeutics, Inc. (" Tryp " or the " Company ") ( CSE:TRYP)(OTCQB:TRYPF ) is pleased to announce that the Company's securityholders overwhelmingly approved the previously announced arrangement (the " Arrangement ") involving the Company and Exoph...
KELOWNA, BC / ACCESSWIRE / February 8, 2024 / Tryp Therapeutics, Inc. (" Tryp " or the " Company ") ( CSE:TRYP)(OTCQB:TRYPF ), a pioneering clinical-stage biotechnology company focused on developing intravenous-infused psilocin (the active metabolite of psilocybin) for diseases with high unmet m...
KELOWNA, BC / ACCESSWIRE / January 26, 2024 / Tryp Therapeutics, Inc. (" Tryp " or the " Company ") ( CSE:TRYP )( OTCQB:TRYPF ), a pioneering clinical-stage biotechnology company focused on developing intravenous-infused psilocin (the active metabolite of psilocybin) for diseases with high unmet...