The largest drop in the investment in the history of global energy is being engineered by the novel coornavirus pandemic. According to the International Energy Agency (IEA), investment in global energy expected to increase by 2 per cent before the… Read More ›
It did not take long for China to strike back against Australia after Australia demanded the constitution of an international investigation into the origins of the coronavirus pandemic. On a Sunday morning television show in late April, support for an… Read More ›
For the first time, the results of a survey showed, France has emerged as the top destination for international investments in Europe. France has beaten Britain and Germany to take the top spot for international investments in Europe. In 2019,… Read More ›
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 ›
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 ›
On Tuesday, British Finance Minister Rishi Sunak stated, the government has awarded more than $39 billion (32 billion pounds) in loans and guarantees to businesses to help them cope with the impact of the coronavirus pandemic.
The Chief Economist of the UK’s central bank has made it lucidly clear that the Bank of England is not remotely close to making any decision regarding negative interest rates. Negative interest rates has been hitting the headlines lately since… Read More ›
On Tuesday, the CEO of Spain’s natural gas and electrical energy utilities company, Naturgy, stated the entry of French energy giant Total into Spain’s electricity market through the purchase of assets from Portugal’s EDP is reflective of increasing competition levels… Read More ›
In a statement, Lufthansa’s spokeswoman said, it is in talks with the German government over a $9.8 billion bailout package; it aims to resume flights to 20 destinations, including holiday hot spots, starting from mid-June. Destinations include Rhodes, Mallorca, Faro,… Read More ›
On Monday, Spain’s Minister of Industry, Trade and Tourism Reyes Maroto said, foreign tourists will be allowed to book vacations in the country from July following the suspension of the two-week self-quarantine period for overseas travelers by then. Tourism dependent… Read More ›
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