Governments and airlines in Europe are hoping that vaccine certificates and digital health apps can help make travel for the masses a reality again this summer after a year of COVID-19 restrictions.
As a mini-tantrum raged on bond markets on Feb. 25, the U.S. Treasury auctioned $62 billion in seven-year notes. But investors, it would appear, forgot to show up. The lowest bid-cover ratio of 2.04 on record sent 10-year Treasury yields rocketing to a one-year high above.
The United States on Thursday unveiled new measures to punish Myanmar's army for its Feb. 1 coup, blocking the ministries of defense and home affairs and top military conglomerates from certain types of trade.
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LONDON/MADRID/PARIS (Reuters) - The race to roll out vaccination passports is spurring competition among travel companies and tourist destinations for the large number of Britons set to receive COVID-19 shots before the summer.
FILE PHOTO: Travellers at Heathrow Airport, London, Britain, February 13, 2021. REUTERS/Toby Melville/File Photo
Thanks to its swift vaccine deployment here, Britain is the only major European country likely to inoculate a large share of working-age adults by the peak season. They may become the first big regional test of digital health credentials in development.
Airlines such as easyJet saw outbound bookings from Britain surge last week as the government raised the prospect of a return to quarantine-free summer travel, and the European Union agreed to develop vaccine passports under pressure from tourism-dependent southern countries.
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WASHINGTON (Reuters) - A United Airlines Boeing 777 plane with a Pratt & Whitney engine that failed on Feb. 20 had flown fewer than half the flights allowed by U.S. regulators between fan blade inspections, the National Transportation Safety Board (NTSB) confirmed on Friday.
FILE PHOTO: The damaged starboard engine of United Airlines flight 328, a Boeing 777-200, is seen following a Feb. 20 engine failure incident, in a hangar at Denver International Airport in Denver, Colorado, U.S. February 22, 2021. National Transportation Safety Board/Handout via REUTERS
The Boeing Co 777 plane had flown 2,979 cycles before its last inspection in 2016. At the time of the incident, checks were required every 6,500 cycles mandated after a separate United engine failure in 2018. A cycle refers to one take-off and landing.