Latest news with #business travel
Reuters
11 hours ago
- Business
- Reuters
BlackRock imposes restriction on use of company devices for China travel, Bloomberg News reports
July 22 (Reuters) - BlackRock (BLK.N), opens new tab has asked its staff visiting China for business trips to use temporary loaner phones and avoid using company laptops, Bloomberg News reported on Tuesday, citing an internal memo. The world's largest asset manager told its staff that using company-issued employee devices, including iPhones and iPads, is not permitted, the report said. BlackRock also barred the use of company laptops or remote access via virtual private networks, the report said, adding that employees will not have access to the BlackRock network during personal travel in China. Reuters could not immediately verify the report. BlackRock did not respond to a request for comment. The report comes as firms witness China's growing hold over access during travel to the nation. On Monday, the U.S. State Department said that the Chinese government had blocked an unnamed U.S. Patent and Trademark Office employee visiting the Asian country in a personal capacity from leaving. Earlier this month, a Wells Fargo (WFC.N), opens new tab banker was also blocked from leaving China. Beijing's foreign ministry said the banker was involved in a criminal case.
Bloomberg
11 hours ago
- Business
- Bloomberg
BlackRock Restricts Use of Company Devices for China Travel
BlackRock Inc. has told staff traveling to China for business trips to use temporary loaner phones and not to bring company laptops, underscoring growing concern among some global firms about employees working there. The world's largest asset manager detailed the 'policy enhancement' on business travel to China in an internal memo seen by Bloomberg News, saying it is effective July 16.
Skift
21 hours ago
- Business
- Skift
Business Travel Spending Forecast to Hit Record in 2025
Zoom works fine. But it turns out there's something irreplaceable about looking someone in the eye while discussing revenue projections in a beige conference room in Dallas, Sao Paulo, or Mumbai. Business travel spending worldwide is projected to reach an all-time high of $1.57 trillion by the end of 2025, the Global Business Travel Association (GBTA) said Monday. This year's forecast represents a rise of 6.6% over last year. However, it may represent a loss of potential. Before President Trump launched a tariff war, business travelers had predicted 10% growth for this year.
Associated Press
a day ago
- Business
- Associated Press
Atlas Travel Debuts Roam: An Agentic AI Travel Platform for the Modern Traveler
Roam redefines business travel with its intelligent booking and payment technology to deliver seamless, personalized travel management MARLBOROUGH, MASSACHUSETTS / ACCESS Newswire / July 21, 2025 / Atlas Travel, a leading provider of travel management services and a division of its parent company Atlas Travel & Technology Group, announced today the debut of Roam, a fully agentic AI travel booking and payment platform designed to simplify and personalize business travel at scale. As the expectations of today's modern traveler continue to evolve, Roam was developed to meet the demand for a more intelligent, flexible and human-centered travel booking system. It blends the power of agentic, conversational AI with a secure virtual payment and treasury accounts program, making it easier for organizations to manage travel while also giving travelers the intuitive tools they want. With Roam, Atlas Travel reimagines the travel platform as one that prioritizes the traveler experience and treats personalization as a foundation, not just a feature. 'Roam represents a significant leap forward in how we approach business travel,' said Lea Cahill, President of Atlas Travel & Technology Group. 'This platform reflects our belief that great travel management should feel human, even when powered by advanced technology. Roam delivers on that promise by offering a smart, intuitive booking experience that's as powerful as it is personal.' At its core, Roam uses an AI automation engine to understand traveler intent and preferences. In collaboration with Prime Numbers Technology, a travel analytics company and a division of Atlas Travel & Technology Group, Roam advances its recommendations even further by leveraging historical data drawn from the traveler's booking behavior to deliver curated itinerary options. Its intelligent design also streamlines travel operations, checks travel policy requirements and automates tasks end-to-end, improving efficiency for both agents and support teams. 'With Roam, we set out to solve long-standing challenges that have defined traditional travel systems for decades, like fragmented tools and one-size-fits-all models,' said Andy Piggott, CIO of Atlas Travel & Technology Group. 'The platform's agentic AI empowers travelers to book confidently and intuitively, all while giving organizations the efficiency and support they need. Roam represents a new era of travel management, built for the traveler who expects more from every journey.' Developed in partnership with Stripe, a programmable financial services company, Roam also introduces a flexible, embedded payment experience for both travelers and travel managers. The payment feature is fully integrated with Roam's booking capabilities, offering different payment choices including prepayments and virtual card issuance. With the support of Stripe, Roam ensures enhanced security, transparency and the control needed to help finance teams manage travel spend more quickly and easily. With the debut of Roam, Atlas Travel reinforces its commitment to delivering unparalleled service and industry-leading technology that drives innovation across the business travel industry. This platform marks a major milestone in developing solutions that prioritize advanced technology while maintaining a traveler-centric approach. Additional features and integrations are in development, with future updates aimed at further enhancing the traveler experience and streamlining travel management. To learn more about Roam and its features and functionalities, visit *** About Atlas Travel Since 1986, Atlas Travel has provided easier travel and better management to companies around the globe. Part of Atlas Travel & Technology Group, Atlas Travel offers corporate travel, vacation planning and meetings and incentives services. Through a wholly owned UK division and BCD Travel affiliation, Atlas Travel provides global travel programs in over 110 countries. In 2024, the company was recognized among the Top 100 Women-Led Businesses in Massachusetts by The Women's Edge and the Fastest Growing Private Companies by The Boston Business Journal. Atlas Travel is proud to be a certified Women's Business Enterprise and a B Corp business since 2021. *** Contact Information Shayla Peacock Marketing Communications Manager [email protected] 1-508-488-1223 SOURCE: Atlas Travel press release
Yahoo
a day ago
- Business
- Yahoo
EVA Air Launches New Co-Branded UATP Pre-Paid Payment Program
Expanding the Boundaries of Global Business Travel LOS ANGELES, July 21, 2025 /PRNewswire/ -- EVA Air is taking corporate travel to new heights with the launch of its new co-branded prepaid UATP card, issued in partnership with UATP, the global network simplifying payment. Designed exclusively for corporate clients, this innovative payment program empowers businesses to streamline travel payments, unlock tiered rewards, and take advantage of greater flexibility and transparency. "EVA Air is investing in corporate and business programs that support our partners on the move," said EVA Air's President, Clay Sun. "The launch of the co-branded EVA Air UATP ensures they have access to the resources, experiences, and connectivity needed to drive results across borders." Tiered Benefits That Scale with DepositUnlike traditional corporate credit cards, EVA Air's UATP prepaid solution allows businesses to preload funds. Once funds are added to the UATP card, corporate travelers and accounts can begin accessing benefits offered to their account type, with some exclusive benefits available for first-time fund additions. Based on the deposit tier, companies will unlock escalating benefits, including complimentary reward tickets in Economy, Premium Economy, or Royal Laurel Class. Flexible Payments, Streamlined Travel ManagementBuilt on the UATP network, which was designed specifically for air travel, this prepaid solution offers flexibility to book with any airline that is a UATP merchant. For more information, you can view the full list of UATP merchant airlines here: A Comprehensive Network of Corporate Travel AdvantagesCorporate travelers unlock exclusive incentives and reward points with each EVA Air booking, advancing through the program's tiers and maximizing the value of their travel budgets. The co-branded EVA Air UATP card is more than a payment method, it's a robust business travel solution that combines rewards with operational efficiency. With integrated expense reports and streamlined travel management, it gives corporate companies greater visibility and control over their corporate travel spend. This launch reflects EVA Air's unwavering commitment to enhancing corporate travel with greater efficiency and rewards. In April, EVA Air introduced EVA BizFam, a global corporate travel program designed as a one-stop platform for managing business trips, accessing lifestyle perks, and earning points through each travel that can be redeemed for exclusive rewards. Enrollment in the EVA BizFam program is required before joining UATP. By combining both, travelers not only streamline expense and travel management, but also unlock additional rewards. The EVA UATP card enables travelers to earn extra points from prepaid card spending. These points can be redeemed for exclusive travel benefits, such as award tickets, upgrades, extra baggage, and lounge access, making every business trip more rewarding. Companies can now apply for the EVA Air UATP-branded card through the official website: About EVA Air: A Star Alliance member, EVA Air was founded in 1989 as Taiwan's first privately owned international airline. It is an affiliated company to global container-shipping leader Evergreen Line. It flies a fleet of more than 80 Boeing and Airbus aircraft to around 60 international destinations throughout Asia, Oceania, Europe, and North America. Travelers can learn more about EVA and schedules, book, and buy tickets at View original content to download multimedia: SOURCE EVA Airways Corporation Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
