Recent Posts - page 484

• Economic Growth To Slump In South Asia Due To Pandemic: World Bank

  By admin2 on April 13, 2020 • ( 0 )

  

  The World Bank has warned that the worst economic performance in more than 40 years is likely to be seen by the countries of South Asia in the face of the novel coronavirus pandemic bringing economies to a standstill. This… Read More ›

• Deepest Ever Oil Production Cuts By OPEC+ To Shore Up Prices

  By admin2 on April 13, 2020 • ( 0 )

  

  The oil producing cartel Opec, Russia and even the United States have joined hands to announce a record cut in output of oil and supply to the global market in order to prop up prices in the international market even… Read More ›

• Crude oil prices are likely to keep falling despite historic OPEC+ deal: Goldman Sachs

  By admin1 on April 13, 2020 • ( 0 )

  

  In a statement Goldman Sachs said, in the coming weeks, it sees oil prices continuing their downward fall and that the “historic yet insufficient” deal by major oil producers to trim output is unlikely to offset the coronavirus-led demand rout…. Read More ›

• South Korea to ship 600,000 COVID-19 test kits to the U.S. on Tuesday

  By admin1 on April 13, 2020 • ( 0 )

  

  On Monday, an official from South Korea stated, Seoul plans on sending 600,000 coronavirus testing kits to the United States on Tuesday following a request for the same from U.S. President Donald Trump. Trump made the request for testing kits… Read More ›

• Smithfield Foods, biggest U.S. pork processor indefinitely shuts down Sioux Falls, South Dakota, plant due to coronavirus pandemic

  By admin1 on April 13, 2020 • ( 0 )

  

  Smithfield Foods, the world’s biggest pork processor stated, it will shutdown a U.S. plant indefinitely following a hike in the number of coronavirus cases among employees. It also warned that the country is moving “perilously close to the edge” in… Read More ›

• Asian Development Bank announces $20 billion rescue package for developing countries to fight off coronavirus pandemic

  By admin1 on April 13, 2020 • ( 0 )

  

  In a statement on Monday, the Asian Development Bank announced that it is tripling the size of its rescue package to developing countries in Asia to $20 billion in order to help them cope with the severe macro-economic and health… Read More ›

• China buying U.S. agricultural products as per Phase 1 trade agreement, looks forward to coordinated response

  By admin1 on April 12, 2020 • ( 0 )

  

  On Sunday, China’s Global Times cited China’s ambassador to the U.S. as saying, China is in the midst of implementing the first phase of the U.S.-China trade pact and hoped that the two could work together to assess the changing… Read More ›

• 3M files lawsuit against Performance Supply LLC for alleged price gouging by as much as 600%

  By admin1 on April 11, 2020 • ( 0 )

  

  3M Co has filed a lawsuit against New Jersey-based Performance Supply LLC alleging that it had posed as an authorized 3M vendor of its N95 respirators and had offered millions of them for sale after hiking up their price by… Read More ›

• Coronavirus Pandemic Crisis Forces Airbus To Scuttle Plans For New A321 Plant

  By admin2 on April 10, 2020 • ( 0 )

  

  In what was the latest exemplification of the impact of the coronavirus pandemic ripping through the global airline industry, the plans of aircraft making giant Airbus to create a new assembly line for its A321 airliner has have been cancelled… Read More ›

• Major Oil Producers Agree On A Possible Production Cut To Stabilize Price

  By admin2 on April 10, 2020 • ( 0 )

  

  There is good news for oil producers across the world. The price war that was raging between Russia and Saudi Arabia since the last one month has apparently come to an end as the two of the largest oil producing… Read More ›

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