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 ›
With the effects of climate change becoming ever more palpable, Norway’s sovereign wealth fund, managed by Norges Bank Investment Management (NBIM) is turning up the heat against a range of carbon emitting industries paving the way for other funds to… Read More ›
Tom Tugendhat, a senior British lawmaker from the Conservative Party who is also the chairman of the Foreign Affairs Select Committee opined, Britain must defend its companies against overseas takeovers in the aftermath of the coronavirus crisis while adding that… Read More ›
China and India have driven much of the global growth since the global financial meltdown of 2008. But following the novel coronavirus pandemic, economic activity in both countries has plunged which has raised the risk of prolongation of the expected… Read More ›
India’s Serum Institute, the largest manufacturer of vaccines in the world by volume, could be the key to production of Covid-19 vaccines. This institute is currently working with a number of candidates for a vaccine for the novel coronavirus –… Read More ›
In a report on Friday, an article from Britain’s The Times newspaper stated, Prime Minister Boris Johnson has instructed civil servants to draw up plans to end the UK’s reliance on China for vital medical supplies and other strategic imports…. Read More ›
Banks in Europe will be asked to assess and then disclose the climate related risks of their lending portfolio by European Central Bank (ECB). This measure by the central bank of the European Union could also prompt EU based banks… Read More ›
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