Italian Prime Minister Giuseppe Conte stated, starting from May 4, factories and building sites will re-open on May 4 and in the weeks to come more businesses will be allowed to conduct business. The development comes as Italy prepares to… Read More ›
According to a source familiar with the matter at hand, European Union companies that have been impacted by the coronavirus will be eligible for a government loan of up to 5% of their 2019 turnover. With several countries asking for… Read More ›
In recent weeks, as the global oil market went into a price shock, stocks of oil tanker companies continued to climb. And business is better than ever, according to the observations of the founder and head of Nordic American Tankers…. Read More ›
Billionaire business tycoon and founder of the Virgin Group, Sir Richard Branson, has offer as collateral his luxury island resort to help get a bailout package for the stricken airline Virgin Atlantic from the United Kingdom government. He was seeking… Read More ›
In a statement, Wave Life Sciences said, it will return a $7.2 million loan granted under the Payroll Protection Program (PPP), following new guidance from the U.S Treasury Department. “We made this decision after the SBA (Small Business Administration) issued… Read More ›
In a statement, U.S. Trade Representative Robert Lighthizer said, he has notified Congress that the new U.S.-Mexico-Canada trade agreement will be effective from July 1 – a month later than initially planned. Both Canada and Mexico have taken necessary measures… Read More ›
The United States Food and Drug Administration (FDA) issued a warning on Friday to consumers over self medication of malaria drugs chloroquine and hydroxychloroquine for the treatment of Covid-19, the disease caused by the novel coronavirus, and said that such… Read More ›
The European Union has finalized the creation of fund that will be able to raise at least 1 trillion euros or $1.1 trillion which will be spent in supporting and helping EU’s regional economies that have been significantly damaged by… Read More ›
The impact of the coronavirus pandemic on consumer demand and exports in South Korea forced its economy into the most severe contraction since the 2008 financial crisis. Analysts fear that the worst for the economy is yet to come. According… Read More ›
The economic impact because of the novel coronavirus pandemic on the American economy continues to pile up – evident from a fresh batch of about 4.4 million Americans filing for unemployment benefits last week. The total; number of applications for… Read More ›
manageria.biz 