Tag: 爱上海GC

Norwegian continues to struggle as Covid-19 restrictions tighten | News

first_imgOlderNew rides for Ferrari World Abu Dhabi Traffic figures for October from low-cost carrier Norwegian have been heavily influenced by lower demand caused by continued travel restrictions across Europe, with several new red zones.In October, 319,477 customers flew with Norwegian, a decrease of 90 per cent compared to the same period last year. – Advertisement – NewerMiami Beach leads 2020 North America World Travel Awards winners- Advertisement – “As this pandemic will continue to affect travel for several more months, we will continue to adapt our route network in line with changing demand.”The company operated 99.3 per cent of its scheduled flights in October, whereof 95.6 per cent departed on time.center_img The capacity (measured in available seat kilometres) this month was down 93 per cent, while the total passenger traffic (revenue passenger kilometres) decreased by 96 per cent. The load factor was 55.3 per cent, down 32 percentage points.Jacob Schram, chief executive of Norwegian, said: “The pandemic continues to have a negative impact on our business throughout the autumn as travel restrictions remain and new ones are imposed across large parts of Europe. – Advertisement – – Advertisement –last_img read more

Read More

UN-backed PRI to overhaul principles, accountability measures

first_imgThe Principles for Responsible Investment (PRI) may introduce a tiered membership system to differentiate between members that enforce its code and those that fail to do so.Martin Skancke, chairman of the UN-backed initiative, also signalled that an overhaul of the existing six principles – built around integration and disclosure of environmental, social and governance (ESG) information – may be considered as it approached its 10-year anniversary.Skancke, writing in the PRI’s 2015 annual report, said the organisation’s work had focused increasingly on areas outside its initial remit, extending to matters such as fiduciary duty and principal-agent conflict.He said the increased workload had been reflected in its written mission statement, which looked at the obstacles facing a sustainable financial system, such as market practices and regulation. “Should this ethos,” Skancke asked, “now be incorporated into the Principles themselves?” He also argued that, with the introduction of measurable targets for the PRI’s nearly 1,400 signatories, the organisation would be better able to assess how asset owners were incorporating the principles into appointing and monitoring asset managers – potentially allowing it to hold signatories to account.“We will consult with [signatories] on possible mechanisms for this, which could include new levels of membership to reflect signatories’ level of commitment to responsible investment and new criteria for delisting signatories,” he said.Asset owners and managers have long privately voiced concerns the PRI is being used by some as a way of proving to clients they are committed to ESG, without any mechanism in place to enforce compliance.Fiona Reynolds, the PRI’s managing director, added that work was underway to amend its reporting framework to “better differentiate” signatories.“This will allow us to enable and then challenge asset owners to use this data in selecting and appointing their managers, and in holding them to account,” she said.last_img read more

Read More

AgiproNews’ Italian View: All to play for in growing Italian betting market

first_img Related Articles CT Gaming bolsters Italian profile with The Betting Coach  August 27, 2020 TVBET passes GLI test for five live games in Malta and Italy August 25, 2020 Share StumbleUpon Share Italian bookmakers face cruel summer as ADM sanctions shop closures July 27, 2020 Submit The month of February saw significant growth within the Italian betting sector, which generated gross gaming revenues (GGR) of €124 million up a staggering 260% on February 2017 revenue figures.The market share for Italian wallets is closely contested by its licensed incumbents. February saw Group GmbH Austria’s Sks365 brand take the lead with 13% of total sector revenues, from former Italian GGR leader Snaitech (12.9%).Nevertheless, the Italian betting sector remains wide open, with Sks365 and Snaitech, being closely chased by Eurobet (12.3), Sisal (10.2%) and Lottomatica (10%).Italian retail continues to be dominated by the legacy operators of Snaitech 15.2% of the total, followed by Eurobet (14.8%) and Lottomatica (13.5%). Sisal (11.4%) and Goldbet (11%).However, within the fast-growing Italian online betting sector, the impact of international operators is apparent as Sks365 and bet365 share the lead with 16% and 15% of market share respectively.February closed with tax revenues of circa €24.3 million, calculated at an 18% rate of betting margin for retail and 22% online betting services.The significant sector GGR percentage growth is explained by the much lower margins earned by bookmakers in 2017. €34 million was the lowest figure since the introduction of margin taxation at the beginning of 2016.Though the Italian market continues to makes its adjustments, Italian betting stakeholders still wait for the reform of Italy’s betting laws.In 2018, Italian stakeholders seek a strengthening of the national betting code in relation to Asian Handicap offers, operator Cash-Out functionalities and setting fixed policy and clear practices on ‘market disputes’ relating to bookmakers and their customerslast_img read more

Read More