Author Archives

• Coronavirus Impact On Global Aviation Industry

  By admin2 on March 17, 2020 • ( 0 )

  

  While the European plane making giant Airbus is temporarily halting production at two of its production sites in order to address health and safety of its employees in the wake of the coronavirus pandemic in Europe, Boeing and other aviation… Read More ›

• Apple To Close All Stores Outside Of China To Slowdown Coronavirus Spread

  By admin2 on March 15, 2020 • ( 0 )

  

  All Apple stores outside of China will be closed by the United States based tech giant within the next two weeks in order to try and reduce the spread of the coronavirus pandemic. The aim of closing down of its… Read More ›

• European Authorities Take Measures To Help Firms Coping With The Virus Pandemic

  By admin2 on March 14, 2020 • ( 0 )

  

  Efforts to provide some support to the European economy form the hit of the coronavirus pandemic is being taken by European authorities. A package of measures that includes a €37bn euro investment initiative will be put in by the The… Read More ›

• Record Corporate Debt Could Add On To Economic Woes Of The Coronavirus Pandemic

  By admin2 on March 14, 2020 • ( 0 )

  

  Ever since the 2008 global financial crisis, companies all over the world have been enjoying debts as a means of their recovery. But now as the coronavirus pandemic threatens to push global economy into recession – many of those debts… Read More ›

• Coronavirus Pandemic ‘Could Cost Millions Of Tourism Jobs’, Says Industry Body

  By admin2 on March 14, 2020 • ( 0 )

  

  A leading global travel and tourism industry body has claimed that millions of travel and tourism jobs are at risk globally because of the spread of the coronavirus pandemic as declared by the World Health Organization (WHO). The coronavirus pandemic… Read More ›

• China Claims Virus Outbreak Past Its Peak, Wuhan Reports Just Five New Cases

  By admin2 on March 14, 2020 • ( 0 )

  

  Just five new cases of coronavirus infection were reported on Friday from the Chinese city of Wuhan, – the place from where the virus now declared a global pandemic originated in late December last year. This was the second day… Read More ›

• Insurance Cover For Coronavirus Withdrawn By Three More Travel Insurers

  By admin2 on March 12, 2020 • ( 0 )

  

  Travel related insurance cover for future coronavirus claims has been withdrawn by three more travel insurers – Aviva, InsureandGo and the Post Office, following a similar measure earlier by LV=. Late on Wednesday night, an announcement that sale of all… Read More ›

• ECB Announces New Stimulus To Address Coronavirus Impact, Retains Interest Rates

  By admin2 on March 12, 2020 • ( 0 )

  

  While not making any change on the interest rates, the European Central Bank has announced a set of fresh stimulus measures to help the European Union to tackle the economic fall out of the spread of the coronavirus – now… Read More ›

• $39 Billion Spending Package Announced By The UK To Tackle Coronavirus Slowdown

  By admin2 on March 11, 2020 • ( 0 )

  

  The United Kingdom government has just announced a package worth billions of pounds to cushion the economic fallout on its economy and businesses because of the spread of the coronavirus. This announcement was made by the country’s finance minister on… Read More ›

• ECB’s Lagarde Warns Of A 2008 Like Crash In Europe Du Rot Coronavirus

  By admin2 on March 11, 2020 • ( 0 )

  

  Unless strong economic support was provided by the governments of the various member countries in the European Union, Europe as a region will plunge into an economic downturn similar to the 2008 financial meltdown because of the economic fall out… Read More ›