“New York Auto Show Week” Returns to Live with Kelly and Ryan
The New York International Auto Show is making its annual pit stop at top morning talk show “Live with Kelly and Ryan.” This week, a wide variety of top-of-the-line vehicles from the 2018 exhibition are featured on “Live” as “New York Auto Show Week” returns to the program.
Kicking off the week with sports cars, followed by crossovers and SUVs, and the hottest new green cars, “Live” will continue the week on Thursday, April 5 with a look at “rugged yet refined” vehicles, including the world debut of the Range Rover SV Coupe. And the week will wrap up on Friday, April 6 with a spotlight on the most exciting new sedans, including the highly-anticipated 2019 Nissan Altima.
About Live with Kelly and Ryan
“Live with Kelly and Ryan” is distributed in national syndication by Disney | ABC Home Entertainment and TV Distribution. The show is produced by WABC-TV in New York and executive produced by Michael Gelman, Kelly Ripa and Ryan Seacrest. Visit “Live” on the web (KellyandRyan.com), Facebook and Instagram (@LiveKellyandRyan), and Twitter and SnapChat (@LiveKellyRyan).
About the New York Auto Show
The New York International Automobile Show is an awesome combination of new ideas, technological innovation, exceptional concept cars and nearly 1,000 of the latest new cars and trucks. Over one million visitors are expected to visit the Show this year to see what is truly possible from the automotive industry. The New York International Auto Show is owned and produced by the Greater New York Automobile Dealers Association and has an economic impact on New York City of some $300 million.
Saudi fiscal reforms likely to bring oil break-even price below $55 per barrel by 2021
Saudi Arabia, the world’s biggest oil exporter, is likely to lower its budget break-even oil price to below $55 per barrel by 2021 as the biggest Arab economy continues to implement economic and fiscal reforms, according to a new report.
After slashing nominal government expenditures by a fifth, cutting subsidies, introducing new taxes and raising non-oil revenues, the kingdom has lowered its break-even oil price to $74.4 per barrel in 2018, down 29 per cent from $105.7 in 2014, Japanese lender MUFG Bank said in a report released on Wednesday. In 2019, break-even oil prices are likely to remain at $69.3 per barrel as the kingdom shifts its strategy of deficit reduction and austerity to focusing on economic stimulus, it noted.
“All in all, a direct consequence of fiscal and economic reform is that Saudi Arabia will be in a stronger position over the medium term …. with greater independence from the oil price,” Ehsan Khoman, the head of research for the Middle East and North Africa said in The Mena Focus Report.
“Our econometric models suggest a fiscal break-even oil price of $54.8 per barrel in 2021 to balance the budget, and assume total revenues at $267.9 billion (36.2 per cent of GDP), against a slightly larger total expenditure at $289.6bn.”
Saudi Arabia, Opec’s top crude producer, is implementing a raft of fiscal and economic reforms under its Vision 2030 plan to cut its dependence on oil revenues and fuel growth. The kingdom plans to sell stakes in state-owned entities including Saudi Aramco, which could raise an estimated $100bn in non-oil revenues for Riyadh in what is billed to be the world’s biggest-ever share sale.
Other measures include developing the country’s industries, bolstering the private sector and luring investments through projects such as $500bn Neom development.
Development of non-oil based sectors, such as tourism and technology, and a significant ramp-up in large-scale infrastructure investments will be essential for Riyadh to meet its ambitions for the non-oil economy. As these sectors grow in importance, the size and magnitude of the non-oil revenue generated from these industries will rise, lowering the break-even price, MUFG noted.
Higher non-oil revenues, predominantly, through privatisation and implementation of VAT, will also help the country to raise its non-oil revenues to $68.3bn, about 10 per cent of the GDP in 2017 to over $100bn by 2020. The Japanese lender estimated that revenue generation through VAT will range between $8bn to $17bn, approximately 3.2 per cent to 6.7 per cent of total government revenues each year.
“From 2020, we view that non-oil revenues are likely to rise noticeably, which will reduce fiscal break-even oil prices markedly,” according to the report which projected break-even oil price to come down to $61.7 per barrel in 2020.
Increasing the share of nuclear, solar and renewables in the energy mix relative to oil and investment in crude production capacity will also help in achieving the objective of bringing down the break-even price, it said.
“The road ahead requires reforming the country to build a sustainable economy that can more comfortably deal with the cyclical nature of commodities by being less dependent on them,” Mr Khoman said.
Boeing, Jet Airways Announce New Order for 75 737 MAX Airplanes
Boeing (NYSE: BA) and Jet Airways today announced a new order for 75 737 MAX airplanes as India’s premier international airline looks to the new and improved 737 jet to power its future growth.
“Our new order for the additional 75 Boeing 737 MAX aircraft will allow us to deliver a differentiated and world class customer experience to our guests,” said “Vinay Dube, Chief Executive Officer, Jet Airway. “This additional order reemphasizes our trust and confidence in Boeing and also reaffirms our commitment to operate extremely modern, reliable and fuel efficient aircraft as part of our fleet. Jet Airways’ partnership with Boeing goes back 25 years ever since the airline was conceived and took to the skies. This order underscores Jet Airways’ commitment to the growth and sustainability of the Indian aviation market”
Jet Airways announced its first order for 75 MAX airplanes in 2015 as part of a strategy to refresh its fleet with the most modern and environmentally progressive airplanes. The newest order adds 75 more MAXs to support the airline’s future expansion. Jet Airways is set to take direct delivery of its first MAX airplane later this year.
“We are honored that Jet Airways has again placed its trust in Boeing with its order for 75 more 737 MAXs,” said Dinesh Keskar, senior vice president, Asia Pacific & India Sales, Boeing Commercial Airplanes. “These additional 737 MAX airplanes will help Jet Airways continue to be an industry leader by combining a superior passenger experience with reliable and efficient operations.”
The 737 MAX is a family of airplanes that offer about 130 to 230 seats with the ability to fly up to 3,850 nautical miles (7,130 kilometers). These jets incorporate the latest CFM International LEAP-1B engines, Advanced Technology winglets, the Boeing Sky Interior, large flight deck displays and other features to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market.
The 737 MAX is the fastest-selling airplane in Boeing history, accumulating more than 4,400 orders from 96 customers worldwide to date. For more information and feature content, visit www.boeing.com/commercial/737max.
About Jet Airways
Jet Airways is India’s premier international airline, which operates flights to 65 destinations within India and overseas. Jet Airways’ robust domestic India network spans the length and breadth of the country covering metro cities, state capitals and emerging destinations. Beyond India, Jet Airways operates flights to key international destinations in South East Asia, South Asia, Middle East, Europe and North America.
The Jet Airways group currently operates a fleet of 120 aircraft, comprising Boeing 777-300 ERs, Next Generation Boeing 737s, Airbus A330-200/300s and ATR 72-500/600s.
Bahrain Says Giant Discovery Holds 80 Billion Barrels Of Oil
Bahrain announced on Wednesday the size of the oil reserves in the giant discovery that it had made, and figures dwarf the proved reserves that the island kingdom in the Persian Gulf had prior to the latest oil find.
The huge discovery in west Bahrain, named Khalij Al-Bahrain Basin, is estimated to hold more than 80 billion barrels of oil, Oil Minister Sheikh Mohammed bin Khalifa Al-Khalifa said at a press conference today. The volume of natural gas at the field is estimated to be between 10 trillion and 20 trillion cubic feet, AFP quoted the minister as saying on Wednesday.
Bahrain announced a few days ago the biggest crude oil discovery in its history that will “dwarf” its current reserves, and details on the size of the reserves were expected to be released later this week.
Before the latest oil discovery, Bahrain was estimated to have proved reserves of just 125 million barrels of crude.
International oil companies are currently helping Bahrain to carry out appraisal studies at the new discovery, and to quantify how much of the oil and gas in place can be extracted, Al-Khalifa said.
Oil extraction from the field is not expected to begin for at least five years, according to Yahya al-Ansari, manager of exploration at national oil firm Bahrain Petroleum Company.
Tradesy Acquires Fitz And Announces Tradesy Closet Concierge
Tradesy, the world’s largest peer-to-peer marketplace for women’s designer fashion, has acquired Fitz, an in-home service that pairs customers with highly-trained stylists to organize their closets, edit their wardrobes and provide personalized styling services.
With this acquisition, Tradesy is pleased to announce the launch of Tradesy Closet Concierge, a service that delivers luxury wardrobe management by professional stylists, including organizing, styling, and resale consignment services. The Tradesy Closet Concierge Stylists are a group of highly vetted professionals from design schools, fashion houses, and beyond. Items collected by stylists for resale will be sold on Tradesy.
“The team at Fitz built an experience that absolutely thrills customers – women just fall in love with having a perfectly-organized closet, and form amazing relationships with their stylists,” said Tracy DiNunzio, Founder and CEO of Tradesy. “We’ve combined this top-tier experience with a new Tradesy consignment service that makes selling even easier. It’s everything busy, stylish women need to fully manage their modern wardrobe,” concludes DiNunzio.
Tradesy Closet Concierge offers not only a high-touch, personalized service, it also offers women the opportunity to make the most out of the items they resell. The tiered commission structure is the lowest in the industry, enabling women to make up to twice as much as with other resellers.
The launch of Tradesy Closet Concierge is another step towards Tradesy Inc.’s vision of creating a more sustainable model for fashion commerce. The service makes reselling effortless and fun, thus extending the life cycle of high quality goods, and leaving fewer items in landfills.
Prior to the acquisition, Fitz operated in the New York City, where it rapidly became a must-have service for the city’s most stylish women. The company was the brainchild of serial entrepreneur Alexandra Wilkis Wilson, Co-Founder and CEO of Fitz, and known for her roles as co-founder of Gilt and GLAMSQUAD.
“Tradesy is the ideal partner for Fitz. With Tradesy’s robust technology, infrastructure and large fashion-savvy user base, the service we built will now be positioned to scale dynamically across the country with Tradesy’s millions of customers.” said Alexandra Wilkis Wilson.
Tradesy Closet Concierge is currently serving the New York City area, including Manhattan, Brooklyn, and Queens, with plans to expand to the Tri-State area and Los Angeles by the end of the year, hitting all major cities in the United Statesin 2019. Its most popular service is the 3-Hour Closet Curation, in which two Closet Concierge Stylists completely re-organize the client’s closet, typically evaluating more than two hundred items. Stylists work directly with the client to decide what to sell, donate, or keep, and make shopping recommendations on the spot, as well as after the appointment via email or text.
ABOUT TRADESY
Tradesy is the world’s largest peer-to-peer marketplace for women’s luxury fashion. The website and app enable sellers to easily earn money for apparel and accessories that they’re no longer wearing, while buyers save up to 90% on designer brands like Louis Vuitton, Gucci, and Chanel. With $80m in funding from investors like Richard Branson and Kleiner Perkins, Tradesy has introduced collaborative commerce to women across America, making luxury fashion more sustainable and accessible to its 6 million members.
Saudi Arabia’s first cinema to open on April 18
Saudi Arabia’s first cinemas should be open by the fourth quarter of 2018, according to the Kuwaiti National Cinema Company (KNCC) and Dubai-based distributor Front Row Filmed Entertainment.
The two companies are already familiar with KSA cinema tastes, with so many Saudi nationals visiting Kuwait and Dubai to watch films in public cinemas. They have said a catalogue of Egyptian cinema will be among the films shown in the Kingdom.
The pair already work in partnership producing, distributing and exhibiting films across the region, and have now secured three locations for 27 screens in Saudi’s biggest cities – Riyadh, Jeddah and Dammam – through their Cinescape Cinemas subsidiary.
’12 multiplexes in the next 36-month period’
The pair said in a statement that they are currently in the final stages of negotiations to open this first phase of screens, while the General Commission for Audiovisual Media (GCAM) is mapping out the rules and regulations for reopening cinemas. The initial 27 screens will be followed by a major expansion across the Saudi market, assuming conditions under the new system allow it.
Cinescape already operates numerous cineplexes throughout Kuwait, while KNCC’s holding company, Tamdeen Group, operates several of the malls the cinemas are located in.
KNCC’s Hisham Al Ghanim commented: “There is a high influx of Saudi audiences that flock to Kuwait to experience the cinema here because of the films we are able to show and the high standards of the sites themselves, so we have a keen understanding and appreciation of their tastes and habits. We expect to open a total 12 multiplexes in the next 36-month period.”
Egyptian films to be shown
Front Row’s Gianluca Chakra added: “Along with these distribution lines, there is a potential to grow once the lay of the land has settled. Front Row’s exhibition and distribution model can only help enhance the Saudi expansion. Added to that the strong Egyptian catalogue and the burgeoning market of original content development we are closely working on together and you will find that there is substantial potential for growth in the KSA.”
Cinescape is the first regionally based company to secure cinema locations in KSA. The announcement comes hot on the heels of UK-based Vue Cinemas’ recent announcement that it has signed a memorandum of understanding with Saudi mall and leisure specialist Abdulmohsin Al Hokair Holding Group, and hopes to build “up to 30” multiplexes over the next three years, though Vue did not reveal when it expected its first doors to actually open. Canada’s IMAX, the US’ AMC and Dubai-based Vox are also known to be seeking opportunities in the kingdom following the reopening cinemas.
Abu Dhabi International Airport named 2017th Best Airport in the Middle East for the second year
The ASQ is the only worldwide program to survey passengers at the airport on their day of travel. The program measures passengers’ views of 34 key performance indicators. 74% of the world’s top 100 busiest airports are part of the ASQ network, which delivers 600,000 individual surveys per year in 42 languages in 84 countries. The program served 343 airports in 2017, where half of the globe’s 7.1 billion travelers passed through.
Acting Chief Executive Officer of Abu Dhabi Airports, Abdul Majeed Al Khoori, said: “We are honored to have received such a high accolade for the second consecutive year. We consider ASQ awards as a key indicator to our performance and success as they are a transparent reflection of what our passengers think of us and our services. I am personally extremely proud of our team, our stakeholders, and all the entities operating at the airport, as I know the challenges they are going through day and night, yet they never fail in exceeding expectations, and delivering a world-class gateway to the Capital of the UAE. I look forward to their continued commitment and drive to excel as we embark on our next phase in our transformation journey.”
As per the ACI announcement, this year’s award saw the winning of 16 airports for the first time, which reflects the increasingly competitive airport industry environment. Abu Dhabi International Airport (AUH) won the first position in the region, and came in number 57 worldwide.
The ASQ Awards ceremony will be held during ACI Customer Excellence Summit in Halifax, Canada between 10th and 13th September 2018.
Insight Vacations Celebrates 40 Years of Innovative Travel and Immersive Experiences with Anniversary Gift to Travelers
RYE, N.Y., April 4, 2018 /PRNewswire/ — Insight Vacations, the award-winning global leader in premium escorted journeys, is thrilled to be celebrating its 40th anniversary this April. While some might argue that 40 is the new 30, Insight couldn’t be happier to look back and remember every unforgettable moment from the past four decades, and all the experiences and innovations that have become a reality.
Over the last 40 years Insight Vacations has perfected the art of guided vacations, and has become the leader in its class through a combination of passion, knowledge and outstanding travel expertise. To celebrate this special milestone, Insight is offering great savings on its most exciting summer trips to Europe and North America. Travelers can save 10% on 40+ Premium Journeys departing between May and July 2018.*
“This significant milestone marks the time to look back on all that we have accomplished,” says Phil Cappelli, president of Insight Vacations. “We’re so proud to have brought immersive travel experiences to our guests, and can’t wait for them to see what we have planned for the next 40 years. Space is extremely limited on this superb Anniversary Celebration of 40+ Premium Journeys and this special offer won’t last, so we encourage travelers to book their dream summer vacation with us now.”
Travelers can choose from a wide selection of guided vacations , including Britain & Ireland, the Western Mediterranean, Central & Eastern Europe, Northern Europe & Russia, USA & Canada and our European Discoveries collection.
Here are 3 unforgettable journeys that are on sale as part of Insight’s 40th Anniversary Celebration:
Spectacular Scandinavia & Its Fjords: This 16-day journey begins in Copenhagen where a Local Expert walks guests through Denmark’s charming capital. They’ll see Hans Christian Andersen’s iconic “Little Mermaid” gazing across the harbor before heading to Copenhagen Cathedral, where a real life royal wedding took place between the Crown Prince of Denmark and Princess Mary. From there, it’s on to Sweden to take in the charms of Stockholm with a Local Expert who takes guests through the cathedral where many Swedish kings were crowned, the courtyard of the Royal Palace, and City Hall, whose “Golden Hall” is covered with 18 million gilded mosaic tiles. Nature lovers will get their fill in Norway, where they’ll pass waterfalls, rivers, ice fields, lakes, and snow-capped peaks around Geirangerfjord, and journey through Hardanger, Europe’s greatest mountain plateau, a true wonder.
Best of Spain & Portugal: This well-paced 16-day journey hits all the must-see attractions of each country, while leaving plenty of time for guests to indulge in local cuisines and cultures. In Lisbon, travelers tour spacious avenues and elegant squares, see the Monument to the Discoveries and ancient Belem Tower, and visit Jeronimo’s Monastery, built during the city’s Age of Discovery. In Madrid, they enjoy an immersive Insight Experience at the Prado Museum, where an expert art historian guides them through the world’s finest collection of paintings from Spain and around the world. Gaudi’s extraordinary masterpieces await travelers in vibrant Barcelona, where guests spend time with a Local Expert learning about the history and architecture of the highly revered Sagrada Família. Later that evening, they enjoy a festive Catalan Celebration dinner with the freshest cuisine and regional wines.
Great Western American Adventure: This magnificent 15-day journey highlights the glorious landscapes and diverse cities of the American west, encompassing dramatic canyons, quaint coastal towns and verdant wine country along the way. In San Francisco guests spend a day seeing the iconic cable cars and visiting Haight-Ashbury, the home of the flower-power movement, before heading to the enchanting Sonoma Valley for a private dinner with local wine. As the trip heads down the California coast, guests stop at the legendary Hearst Castle, then follow the scenic 17-Mile Drive to the beachside town of Monterey. In Los Angeles they’ll take a sightseeing tour that includes Grauman’s Chinese Theatre and a stroll along the Hollywood Walk of Fame, then spend time browsing the historic LA Farmers Market. A thrilling ATV tour of Monument Valley with a Navajo guide is on the agenda in Utah, then guests head to Lake Powell for a leisurely cruise through the spectacular Antelope Canyon. The trip culminates with visits to Bryce Canyon and Zion National Parks before ending in Sin City itself, Las Vegas.
For reservations, contact your favorite travel agent, call Insight Vacations at 1-888-680-1241, or visit www.insightvacations.com
Join the conversation on social media using the hashtags #INSIGHTVACATIONS and #INSIGHTMOMENTS
* Terms & conditions: Prices are per person, twin share, land only. Single supplements apply. Full payment is required at the time of booking. Offer applies to new bookings made from April 1, 2018 – April 30, 2018 only, is subject to availability and can be withdrawn or amended at any time without notice. †Discounts featured in our brochure are subject to conditions and many can be combined with this promotion (incl. Frequent Traveler and Family/ Group Discount). Please contact Insight or your travel agent for further details. Last Minute Deals are not combinable with Early Payment Discount. Please quote promotional code at time of booking. About Insight Vacations As a global leader in premium escorted travel, Insight Vacations® has been crafting magical journeys for almost 40 years that embody The Art of Traveling in Style™. Through meticulous planning, detailed preparation and boundless passion, Insight’s collection of award-winning itineraries showcases the most outstanding destinations in Europe and North America. Guided by a highly-skilled Travel Director, guests can look forward to traveling in smaller groups, savoring authentic dining and enjoying a range of immersive Insight Experiences. To find out more, visit insightvacations.com About The TreadRight Foundation Created as a joint initiative between The Travel Corporation‘s (TTC) family of brands, The TreadRight Foundation is a not-for-profit that works to help ensure the environment and communities we visit remain vibrant for generations to come. Founded by Brett Tollman, Chief Executive, TTC, to date TreadRight has supported more than 40 sustainable tourism projects worldwide. To learn more about our past and current work at TreadRight, please visit us at TreadRight.org.Insight Vacations is a member of the family-owned The Travel Corporation (TTC) and is renowned and trusted for its outstanding quality, service, value, reliability and financial stability.
SOURCE Insight VacationsRelated Links
http://www.insightvacations.comCOMPOSE YOUR APPETITE FOR A HARMONIOUS FOUR COURSE SYMPHONY AFTERNOON TEA AT JUMEIRAH CARLTON TOWER
Complete with the dulcet tones of our resident harpist, Jumeirah Carlton Tower’s brand new afternoon tea offering is guaranteed to hit a sweet note
London, 20 March 2018: Jumeirah Carlton Tower has launched its brand new afternoon tea offering this month, which will be served in the serene Chinoiserie dining area on an ongoing basis. Hand crafted by top pastry chef Lyece Major, the Symphony Afternoon Tea draws upon the four movements of a symphonic orchestral experience, presenting a masterpiece of flavour.
The taste performance begins with the Overture; a selection of savoury cones proposed to set the tone of your experience. Savoury Symphonies are next, including a contemporary twist on traditional afternoon tea savouries such as a Brioche bridge roll with Loch Fyne smoked salmon and duck egg mayonnaise. Following this is the sweet serenades, including a mini tiramisu with whipped coffee ganache and a Sicilian pistachio éclair with cranberry compote. As with every great Symphony, the Finale is last, and guests will finish their experience with a delicate coconut and lemongrass sorbet.
Located just off Sloane Street, Jumeirah Carlton Tower offers luxurious accommodation and generous hospitality in the heart of London’s most fashionable shopping district. Symphony Afternoon Tea will be served daily in the Chinoiserie lounge where Jumeirah Carlton Tower’s resident harpist creates the perfect atmosphere for opulence, by serenading guests with melodies from 3pm to 6pm every day. The Symphony Afternoon Tea experience costs £45 per person or £55 including a glass of Champagne Laurent-Perrier and is available until 25 March and from 9 April on an ongoing basis.
For more information on the Symphony Afternoon Tea, visit www.jumeirah.com/chinoiserie. To reserve a table for tea, call +44 (0)20 7858 7185 or email jctdining@jumeirah.com. Follow Jumeirah Carlton Tower on social media @JumeirahCT.
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Notes to Editors:
About Jumeirah Carlton Tower:
Jumeirah Carlton Tower, situated in the heart of Knightsbridge, is a landmark hotel acknowledged as one of London’s finest. The hotel is noted for its fine dining, exclusive Peak Health Club & Spa and enviable location off Sloane Street – the capital’s most fashionable shopping area. Jumeirah Carlton Tower offers 216 rooms and suites, individually styled with a calm and contemporary feel, together with dining in the Chinoiserie lounge, The Rib Room and The Club Room.
About Jumeirah Group:
Jumeirah Group, the global luxury hotel company and a member of Dubai Holding, operates a world-class portfolio of hotels and resorts including the flagship Burj Al Arab Jumeirah. Jumeirah Hotels & Resorts manages properties in Dubai and Abu Dhabi, UAE; Bahrain and Kuwait in the Middle East; Frankfurt, London and Mallorca (Spain) in Europe; the Maldives and Shanghai in Asia. Jumeirah Group also operates the new upscale-casual brand, Zabeel House by JumeirahTM and runs the luxury serviced residences brand Jumeirah LivingTM with properties in London and Dubai; the wellness brand TaliseTM; Jumeirah Restaurant Group DubaiTM; Wild Wadi WaterparkTM; The Emirates Academy of Hospitality ManagementTM; Jumeirah SiriusTM, its global loyalty programme; and isme by Jumeirah™ an app based rewards programme in the UAE. Future openings include luxury hotels in the UAE, Indonesia, China, Oman, Jordan, Malaysia and the Kingdom of Saudi Arabia. www.jumeirah.com