According to a report from the Wall Street Journal, the U.S. Department of Justice (DoJ) is closing multiple probes on three U.S. senators over their trades in stock before the coronavirus market turmoil. The three U.S. senators include Democrat Dianne… Read More ›
Day: May 27, 2020
Saudi Arabia set to ease coronavirus restrictions from May 31
Saudi Arabia’s state news agency said, Saudi Arabian airlines are scheduled to resume domestic flights on select destinations. The development comes in the wake of the Kingdom easing coronavirus containment measures. In the first phase, 60 flights will resume operations…. Read More ›
Boeing to lay off 10% of its global workforce
According to union sources briefed on the plans, Boeing Co is set to announce U.S. job cuts sometime this week following its disclosure last month that it plans on cutting 10% from its worldwide workforce of 160,000 employees. In a… Read More ›
EU to unveil economic recovery package exceeding 1 trillion euros
The European Commission is set to unveil on Wednesday a plan aimed at enabling an economic recover to the EU zone from the economic impact of the coronavirus. Part of the package includes grants, loans and guarantees which exceed 1… Read More ›