Author Archives
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Safety Measures Is Key For Cruise Industry To Get Going, Says Carnival Cruise Boss
It possible for the global cruise industry, worth $150bn annually, to get going again after the pandemic hit by implementing new safety measures, believes the chief of the biggest cruise company of the world. Ever since the novel coronavirus pandemic… Read More ›
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Vaccine Euphoria Prompts Investors To Rush To Equities And Shun Gold
As soon as positive news emerged about Covid-19 vaccines from the United States last week, investors stormed back into riskier assets as they invested $27 billion into equity funds amid euphoric buying of shares in the sectors that have been… Read More ›
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Cautioning Against A Third Wave Of Pandemic, Gradual Lifting Of Covid-19 Restrictions Urged By EU Chief
To prevent a third wave of the novel coronavirus pandemic, government in Europe should ease business and social restrictions and lockdowns imposed to prevent the spread of the virus in a gradual manner, cautioned the president of the European Commission…. Read More ›
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EU Official Tests Positive, Brexit Talks Suspended, Chief EU Negotiator Self-Isolates
After a member of the European Union’s negotiating team tested positive for coronavirus, Michel Barnier, the chief negotiator of the EU was forced to go into self-isolation while the two parties had to also suspend the face-to-face Brexit negotiations in… Read More ›
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For The First Time Debt Bonds At Negative Interest Rates Offered By China
Fears that the slow economy recovery of the Western economies will keep interest rates near record lows for quite some time is being cashed in by China. In a bond sale that attracted significant investor interest, for the first time… Read More ›
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Its UK Future Minus A Brexit Deal Will Be Detrimental For It, Warns Nissan
Japanese car maker Nissan has warned that Britain’s biggest car plant “will not be sustainable”if there is no deal Brexit with the deadline of the final exit of the United Kingdom from the European Union draws near. There will be… Read More ›
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WHO Europe Says Possible To Avoid Fresh Lockdowns In Europe
It is possible to avoid fresh complete lockdowns in Europe, believes that World Health Organization (WHO) as a large swath of the continent is hit with a second wave of the novel coronavirus pandemic and many countries already announcing and… Read More ›
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China Will Open Up More Of Its Large Economy, Says President Xi At Apec
Its “super-sized” will be opened up to a greater extent economy to import more high-quality goods and services, said Chinese president Xi Jinping. He also said that free trade deal wil be signed by China with more countries. Xi made… Read More ›
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Sale Of New Diesel And Gasoline Cars To Be Stopped By UK In 2030
Cars running on only on fossil fuels will be banned by the United Kingdom in 2030 in a move that is aimed at phasing out polluting vehicles before any other major economy in the world while also supporting the recovery… Read More ›
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Largest Ever Fall Predicted In Sale Of Global Luxury Goods For 2020, According To Bain Forecast
According to consultancy firm Bain, a fall of 23 per cent is set to be recorded in the sales of luxury goods worldwide to 217 billion euros ($258 billion) in the current year which be the largest such fall in… Read More ›
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