Recent Posts - page 416

• Australia lends $1 billion to Indonesia to help fight COVID-19 pandemic

  By admin1 on November 12, 2020 • ( 0 )

  

  In a statement on Thursday, Indonesia’s finance minister Sri Mulyani Indrawat said, Jakarta has signed a $1.09 billion (A$1.5 billion) loan agreement with the Australian government. The money will be used to help fight the coronavirus-induced COVID-19 pandemic which emerged… Read More ›

• Singapore-Hong Kong travel bubble signals return to near-normal for travel industry

  By admin1 on November 11, 2020 • ( 0 )

  

  In a development that marks the re-establishment of overseas travel links between countries, Hong Kong and Singapore have announced that they will lift quarantine requirements for visiting foreigners. In a statement Singapore’s Transport Minister and Hong Kong’s Commerce Secretary said,… Read More ›

• Pfizer’s positive news on COVID-19 vaccine triggered $2 trillion trades on bourses

  By admin1 on November 11, 2020 • ( 0 )

  

  According to early data analysis of stock trading, news of a breakthrough in the race to find a vaccine for COVID-19 triggered one of the heaviest trading days since the height of the pandemic crisis with trade worth around $2… Read More ›

• Norwegian Air will run out of cash in early 2021: CEO Jacob Schram

  By admin1 on November 10, 2020 • ( 0 )

  

  While reporting its third quarter results, Norwegian Air, which likes its peers has been ravaged by the coronavirus-induced COVID-19 pandemic which has brought the global travel industry to a standstill, said it is likely to run out of cash in… Read More ›

• DoJ clears Uber Technologies Inc’s bid to acquire Postmates for $2.65 billion

  By admin1 on November 10, 2020 • ( 0 )

  

  According to sources familiar with the matter at hand, the U.S. Justice Department has approved Uber Technologies Inc’s acquisition of Postmates, a food delivery company. Earlier in July, Uber had announced that it would acquire Postmates for $2.65 billion in… Read More ›

• Federal prosecutors to probe ‘substantial allegations of voting and vote tabulation irregularities’: U.S. Attorney General William Barr

  By admin1 on November 10, 2020 • ( 0 )

  

  In a significant development, U.S. Attorney General William Barr authorized federal prosecutors to pursue investigations into “substantial allegations of voting and vote tabulation irregularities,” while urging prosecutors not to chase “fanciful or far-fetched” claims. Barr’s letter to prosecutors marks the… Read More ›

• Bankruptcy Court rescues J.C. Penney Co from bankruptcy proceedings averting liquidation

  By admin1 on November 10, 2020 • ( 0 )

  

  A U.S. judge has approved a deal to rescue J.C. Penney Co Inc from bankruptcy proceedings averting its liquidation that would have placed the beleaguered department store chain out of business and jeopardized thousands of jobs. Following the approval from… Read More ›

• European COVID-19 lockdowns denting demand for oil: IEA

  By admin1 on November 9, 2020 • ( 0 )

  

  According to an official from the International Energy Agency (IEA), if Europe sees renewed lockdown measures to contain rising cases of the coronavirus-induced COVID-19 pandemic it could push back the outlook for the global demand for oil towards a downward… Read More ›

• A Biden Presidency will impact Brexit negotiations: Irish Foreign Minister Simon Coveney

  By admin1 on November 9, 2020 • ( 0 )

  

  On Monday, Ireland’s Foreign Minister Simon Coveney stated, if Joe Biden was declared as a victor in the U.S. elections it will have a material impact on Brexit negotiations given Biden’s recent intervention in support of Ireland’s position. “I think… Read More ›

• Clarity on U.S. Policy will emerge in spring: German, Economy Minister Peter Altmaier

  By admin1 on November 9, 2020 • ( 0 )

  

  On Monday, Germany’s Economy Minister Peter Altmaier told German broadcaster Deutschlandfunk, in his assessment uncertainty in the United States is likely to continue for months and clarity would emerge only in spring regarding the direction U.S. policy would take. His… Read More ›

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