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Passengers will use e-gates like the one at the Humberto Delgado International Airport in Portugal as part of the EU’s automated border-control initiative. Photo: Horacio Villalobos/Corbis/Getty ImagesAmericans who want to travel to Europe will have to register online to enter the continent starting in 2025. U.S. travelers will need prior authorization for travel to European Union countries beginning in spring 2025, EU officials said Friday. The new requirements for travel will also mean that U.S. travelers arriving in Europe will no longer get passport stamps. Instead, their faces and fingerprints will be scanned and logged in a new digital registration system beginning next fall.
Persons: Humberto Delgado, Horacio Villalobos, Corbis Organizations: Humberto Delgado International Airport, Getty, European Union Locations: Portugal, Europe
Europe's revenue growth expected to slow to a crawl in Q4
  + stars: | 2023-01-24 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Pedro NunesLONDON, Jan 24 (Reuters) - Revenue at Europe's largest companies is expected to have risen by just 0.9% in the fourth quarter, Refinitiv I/B/E/S data showed on Tuesday, down from 27.4% in the third quarter and the slowest growth rate since the fourth quarter of 2020. The forecast, which tracks companies listed on the pan-European STOXX 600 (.STOXX) benchmark index, represents a drop from last week when analysts expected revenue growth of 4%. Earnings for STOXX 600 companies are expected to have increased 9.5% in the fourth quarter, down from 10.7% a week ago, Refinitiv I/B/E/S said. When results from the energy sector are excluded, Refinitiv I/B/E/S said earnings were expected to have increased by 4.6% and revenue by just 0.3% in the final three months of the year. Nine firms have reported revenue, with 77.8% beating expectations, compared to a typical quarter when 58% beat estimates.
Here's when it is worth it to purchase travel insurance for your flight this summer. For example, a typical travel insurance policy cover cancellations due to mechanical issues, but not those caused by staffing shortages. "When there's a lot of money at stake, it makes more sense to perhaps invest in travel insurance." Another reason to buy travel insurance for international trips is to ensure medical coverage when you're abroad. If your kid gets sick and it's not COVID, your travel insurance probably isn't going to cover that," Balber said.
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