Monday, September 21, 2015

Global Business


International seat capacity has dropped by almost 80% from a year ago and half the world's airplanes are in

US employment plunges in March amid coronavirus damage

As the US economy craters amid the damage inflicted by the coronavirus shutdowns, 701,000 jobs were jettisoned in March

US dairy farmers dump milk as pandemic upends food markets

Dairy farmer Jason Leedle felt his stomach churn when he got the call on Tuesday evening."We need

Business booms for coffin-makers in coronavirus-hit France

Two hauliers load their lorries with what is fast becoming a precious commodity in France as the coronavirus pandemic

Coronavirus: Four ways the economy has been affected

BBCA quick walk down any deserted high street or a video chat with friends and family is a reminder

COVID-19: S'pore retail sales sank 8.6% in Feb

Takings at the till sank in February, with the coronavirus outbreak causing the steepest month-on-month fall in 12 years,

Germany in talks to inject billions into Lufthansa: sources

Germany is in talks to provide Lufthansa (LHAG.DE) with billions of euros in state aid and could take a

Saudi Arabia, Russia signal readiness to cooperate on oil

Saudi Arabia and Russia signaled on Thursday they were ready to cooperate to help stabilize the oil market after

As business vaporizes, Europe focuses on avoiding layoffs

As the new coronavirus spreads across Europe, ravaging economies and killing thousands, governments and the European Union are focusing

Amazon to deploy masks, temperature checks for workers by next week Inc (AMZN.O) plans to roll out temperature checks and face masks for staff at all its US and

Infrastructure often embraced by both parties, to no avail

President Donald Trump wants to spend $2 trillion on infrastructure projects to create jobs and help the collapsing economy

Aerospace suppliers face bailout dilemma over job cuts

Aerospace suppliers are drawing up plans to lay off workers as coronavirus quarantines cripple their cash balances - but

US weekly jobless claims blow past 6 million marks

The number of Americans filing claims for unemployment benefits shot to a record high of more than 6

Global finance watchdog seeks to ease some coronavirus curbs

Global financial regulators said on Thursday they are in talks with governments to allow key staff at financial firms

US outlines plan for Venezuela transition, sanctions relief

The Trump administration is prepared to lift sanctions on Venezuela in support of a new proposal to form a

Legal provisions that clarify how to hold AGMs

Companies that have questions on how to conduct face-to-face meetings without running afoul of laws governing safe distancing

Thailand to give free mobile data for those homebound

Thailand will give the public free mobile data as companies initiate work-from-home policies and schools use remote learning amid

Could do better: Japan gently chided by UN climate chief

The top UN climate official on Tuesday chided Japan over its new plan to reduce greenhouse gas emissions, which

Oil rises after 18-year lows prompt US- Russia talks plan

 Oil prices firmed on Tuesday after US President Donald Trump and Russian counterpart Vladimir Putin agreed to talks aimed

Ukraine approves legislation in a bid for IMF aid

 Ukraine's parliament has voted to lift the ban on the sale of farmland in a move that would allow

China's manufacturing rebounds

China's manufacturing rebounded in March as authorities relaxed anti-disease controls and allowed factories to reopen, an official survey showed

'China will strike back against US restrictions'

Huawei warned on Tuesday that 2020 would be its most difficult year yet due to American trade restrictions which

Oil prices slide on shattered demand, stocks scatter

Oil prices plunged Monday as the number of novel coronavirus cases worldwide surged past 700,000, reinforcing worries about the

ECB, ESM support key to strong EU coronavirus response: IMF

The International Monetary Fund said on Monday the relaxation of the euro zone's fiscal rules and support from the

Coronavirus: Uber and Deliveroo offer NHS free trips and food

Ride hailing giant Uber and takeaway firm Deliveroo are offering hundreds of thousands of free trips and meals to

US stimulus package is biggest ever, but may not be big enough

The Federal Reserve has offered more than $3 trillion in loans and asset purchases in recent weeks to stop

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