AssessmentsSenior VP of Strategic Analysis, StratforA Chinese navy formation, including the aircraft carrier Liaoning (C), during military drills Jan. 2, 2017, in the South China Sea. (STR/AFP via Getty Images)Numerous reports have raised fears that China is taking advantage of U.S. distraction and the sidelining of two U.S. aircraft carriers in the Pacific due to…
Image copyright Hans Peter Van Velthoven Image caption Cirque Bijou made a giant robot for rock band Muse The BBC’s weekly The Boss series profiles different business leaders from around the world. This week we speak to Billy Alwen and Julian Bracey, founders of UK circus performance business Cirque Bijou.Many of us dream of quitting…
One of the major cruise ship companies warned investors it may go bankrupt. What happened Cruise ship stocks sank on Tuesday after Norwegian Cruise Line Holdings (NYSE:NCLH) said it had “substantial doubt about [its] ability to continue as a going concern.” As of 3:35 p.m. EDT, shares of Norwegian, Royal Caribbean (NYSE:RCL), and Carnival (NYSE:CCL) were…
Advertiser Disclosure Many of the credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all…
A recent capital raise could help the cruise operator survive the coronavirus pandemic. What happened Shares of Royal Caribbean Cruises (NYSE:RCL) climbed more than 6% on May 15, following news of the company’s debt offering earlier in the week. So what Royal Caribbean raised $3.32 billion in senior secured notes on May 13. The much-needed…
Seal Beach on May 21. (Los Angeles Times)To the editor: Despite evidence showing that wearing masks can significantly reduce COVID-19 transmission, columnist Robin Abcarian argues that the mask mandate is not a black-and-white issue and cites noncompliance among beachgoers, intransigent tweeters and the difficulty of enforcement to prove it.Masks work. It’s right to wear one…
Carnival Cruise Line, whose fleet has been docked since the CDC issued a No Sail Order in March, announced plans to resume sailing in August starting with cruises out of ports in Texas and Florida. What do you think?“I’ll be sure to wipe down the hips of the person in front of me in the…
The past few days have been something of a whirlwind for Sione Filipe Totau. The 73-year-old Tongan, who is commonly known as Mano, was living quietly in the Australian city of Brisbane, when this w…
As the country reopens, it’s hard to predict what cruises will look like. As long as the sailing industry is able to get back to booking cruises by late summer, Royal Caribbean (NYSE:RCL) says its business will survive. But if the no-sail ban currently in effect until July 20 is extended, and goes beyond the…
Carnival firms up plans to start making money again. Its two smaller rivals should follow suit. There’s a glimmer of hope for the cruise line industry: Carnival (NYSE:CCL) (NYSE:CUK) is drawing a new line in the private-beach sand. Despite the company cancelling even more upcoming cruises on Monday — pushing out new dates until later…