The US government is suspending 26 flights by Chinese airlines from the United States to China in a dispute over anti-virus controls after Beijing suspended flights by American carriers. The Department of Transportation on Thursday complained Beijing violated an air travel agreement and treated airlines unfairly under a system that requires them to suspend flights if passengers test positive for COVID-19. US regulators suspended seven flights by Air China Ltd. from New York City and a total of 19 flights from Los Angeles by Air China, China Eastern Airlines Ltd., China Southern Airlines Ltd. and Xiamen Airlines Ltd., according to the Department of Transportation. It said that was equal to the number of flights United Airlines, American Airlines and Delta Air Lines were required to cancel under Beijing''s circuit-breaker system. The ruling Communist Party''s zero COVID strategy aims to keep the virus out of China while other governments are shifting to living with the disease. That ha
There’s more to Europe than history, travel and food. The continent is home to many of the world’s leading companies, some of which dominate their respective sector. While investors might know the names of the best European stocks, chances are they do not know the breadth and impact of many European-based companies , or the benefits of owning their shares. Holding shares of major European concerns can help to diversify a portfolio and lessen the reliance on U.S.-based stocks. This diversification can be helpful during a market downturn such as the one we are experiencing this year, with both the S&P 500 and Nasdaq composite in a bear market. Many European stocks also have a solid record of delivering decent returns to investors, along with favorable dividends. The 7 Best Tech Dividend Stocks to Buy Right Now And, perhaps best of all, many European stocks are undervalued , presenting an attractive buying opportunity. Here are four of the best European stocks to buy now. Ticker Company Current Price VWAGY Volkswagen AG $18.45 SAP SAP SE $88.00 NSRGY Nestlé S.A. $117.56 EADSY Airbus SE $26.02 Best European Stocks: Volkswagen (VWAGY) Source: multitel / Shutterstock.com German automaker Volkswagen (OTCMKTS: VWAGY ) is well-known throughout the world.
The eleven sectors of the S&P 500 were in the red in Q2, with SPDR S&P 500 Trust ETF sliding more than 16%. FTI Consulting (FCN) +14%. China Eastern Airlines (CEA) +10%. Ritchie Bros