Tag: capacity

Delta increases Miami lounge capacity by more than 50 per cent – Business Traveller
Travel

Delta increases Miami lounge capacity by more than 50 per cent – Business Traveller

Delta will operate 34 peak-day flights to 12 destinations from Miami this summer. The expansion of the Miami space is a continuation of Delta’s programme of upgrading existing facilities and opening new lounges across the US. Last year the carrier unveiled a total of seven new, expanded or reopened Sky Club locations, including a lounge within the new Terminal A at New York’s Newark airport and a nature-inspired Sky Club at Minneapolis-Saint Paul. Delta recently confirmed plans for the much-anticipated debut of its new “premium lounge” concept, with lounges set to open at JFK, Los Angeles and Boston airport this year. Delta to debut premium lounge concept at JFK, Los Angeles and Boston this year Commenting on the news Claude Roussel, vice president – Sky Clubs and lounge experience, sai...
Shale Is Keeping the World Awash With Oil as Conflicts Abound
World

Shale Is Keeping the World Awash With Oil as Conflicts Abound

Updated Jan. 1, 2024 12:05 am ETA surprise surge in American oil and gas production and exports is helping to keep the world stocked, blunting the impact of widening conflict in the Middle East that has crimped key shipping lanes. When Iranian-backed Houthi militants began launching missiles and drones at ships crossing the Red Sea near Yemen in October, many feared disruption to the vital shipping lane would drive up energy prices. But oil and gas prices this past month have sunk about 5% and 23%, respectively. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Shale Is Keeping the World Awash With Oil as Conflicts Abound
Money

Shale Is Keeping the World Awash With Oil as Conflicts Abound

Updated Jan. 1, 2024 12:05 am ETA surprise surge in American oil and gas production and exports is helping to keep the world stocked, blunting the impact of widening conflict in the Middle East that has crimped key shipping lanes. When Iranian-backed Houthi militants began launching missiles and drones at ships crossing the Red Sea near Yemen in October, many feared disruption to the vital shipping lane would drive up energy prices. But oil and gas prices this past month have sunk about 5% and 23%, respectively. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
How IKEA Downsized to Go Downtown
World

How IKEA Downsized to Go Downtown

Updated Dec. 31, 2023 12:20 am ETPARIS—There was no instruction manual when IKEA’s Paris team set to work building a new kind of city-center store.The Swedish furniture company’s ambition was to create a smaller version of its giant blue-and-yellow suburban stores for downtown consumers, to be replicated around the world. A quarter of the size of IKEA’s traditional outlets, the central Paris store—the first of this new type when it opened in 2019—would need to be radically different, they decided.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
India’s Infrastructure Push Is Key to Taking on China
Money

India’s Infrastructure Push Is Key to Taking on China

The coming few years will be a litmus test for India’s ambition to become a manufacturing hub rivaling China. A big question mark is how quickly it can build out the infrastructure it needs to really seize the opportunity. There have been signs of progress recently, but New Delhi’s cramped fiscal space means it needs to do more to entice private-sector investors, too.India is experiencing a manufacturing renaissance of sorts led by Apple and its Taiwanese suppliers—after decades of failed efforts. As recently as the fiscal year ended in March 2018, India was a importer of smartphones to the tune of more than $2 billion. Last fiscal year, India was a net exporter of $11 billion worth. About half of that was Apple products, according to investment bank Macquarie.Copyright ©2023 Dow Jones &a...
Shoppers Kept Spending This Holiday Season
World

Shoppers Kept Spending This Holiday Season

Updated Dec. 26, 2023 9:14 am ETShoppers opened their wallets this holiday season as they have for much of 2023, even crowding into shopping malls to scoop up last-minute holiday gifts and discounts in the days before Christmas.U.S. retail sales rose 3.1% from Nov. 1 through Dec. 24, according to Mastercard SpendingPulse, which measures sales in stores and online. The estimate, which isn’t adjusted for inflation, reflects a year marked by rising prices and a strong U.S. job market.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
A Trip to CosMc’s, McDonald’s New Space-Themed Takeout Chain
World

A Trip to CosMc’s, McDonald’s New Space-Themed Takeout Chain

By Heather Haddon | Photography by Lucy Hewett for The Wall Street Journal BOLINGBROOK, Ill.—CosMc’s has landed, but visiting now may take a few eons.McDonald’s new restaurant concept is drawing long lines of curiosity seekers since it opened in this Chicago suburb last weekend. The space-themed brand is the fast-food giant’s first new U.S. restaurant concept in its more than 60-year history, designed to deliver a beverage-heavy menu through takeout-focused locations built with multiple drive-throughs.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Choice Hotels Launches Hostile Bid for Wyndham
Money

Choice Hotels Launches Hostile Bid for Wyndham

Updated Dec. 12, 2023 7:05 am ETChoice Hotels is launching a hostile takeover offer for Wyndham Hotels & Resorts, after repeatedly being rebuffed in its effort to strike a friendly deal.Choice on Tuesday unveiled what is called an exchange offer for Wyndham stock, appealing directly to its rival’s shareholders.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
U.S. Companies Are Finding It Hard to Avoid China
World

U.S. Companies Are Finding It Hard to Avoid China

Dec. 11, 2023 11:00 pm ETHONG KONG—American companies, under heavy pressure to reduce their exposure to China, are increasingly turning to factories in places such as Vietnam, Indonesia and Mexico.Many are finding it hard to avoid China, however. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8