Recent Posts - page 519

• Creditors should negotiate, restructure debt or face disorderly default: Lebanon’s Finance Minister

  By admin1 on March 10, 2020 • ( 0 )

  

  In a report, Lebanon’s broadcaster LBC quoted the country’s Finance Minister Ghazi Wazni as saying Lebanon will resort to a disorderly default if creditors are not prepared to negotiate; he went on to add, investors will find it difficult to… Read More ›

• Saudi Arabia’s price war on crude prices aims to punish Russia for not adhering to OPEC+ production cuts

  By admin1 on March 9, 2020 • ( 0 )

  

  On Monday, oil prices fell by nearly 30% after Saudi Arabia slashed oil prices and set plans for a significant increase in crude production from April. Following the Saudi move, oil prices fell by as much as a third after… Read More ›

• Passenger airlines industry could lose up to $113 billion revenues in 2020 because of Coronavirus: IATA

  By admin1 on March 9, 2020 • ( 0 )

  

  On Monday, in a statement the Airports Council International (ACI) Asia-Pacific stated, airport passenger traffic in the Asia-Pacific region is likely to shrink by 24% due to China’s coronavirus, thus causing a loss of $3 billion in airport revenues. Cancellation… Read More ›

• Gold prices touch $1700 per ounce for the first time in 7 years

  By admin1 on March 9, 2020 • ( 0 )

  

  On Monday, for the first since late 2012, gold prices surged past $1,700 per ounce levels following a widening China’s coronavirus outbreak worldwide even as crude oil prices along with equities touched new lows as investors scurried for safe havens…. Read More ›

• Sovereign Wealth Funds Reduce Investment In Start-Ups In 2019

  By admin2 on March 8, 2020 • ( 0 )

  

  In the months following the failure of the planned initial public offering (IPO) of WeWork, there has been a steep drop in the investment in venture capital deals by sovereign wealth funds which pushed it to touch its lowest in… Read More ›

• Oil Prices Tumble After Russia-OPEC Talks Break Down

  By admin2 on March 8, 2020 • ( 0 )

  

  A disagreement between OPEC and Russia over further and deeper coil production cuts resulted in the two parting ways after three years of working together to reduce oil production so that global oil prices could be shored up. The latest… Read More ›

• Will compensate drivers & delivery people diagnosed with coronavirus: Uber Technologies

  By admin1 on March 8, 2020 • ( 0 )

  

  In a statement, Uber Technologies Inc said, it will offer compensation to drivers and delivery people who have either been diagnosed with the coronavirus or have been placed in quarantine for up to 14 days. Uber has already begun compensating… Read More ›

• Employees Of Amazon, Microsoft And Facebook In Seattle Advised To Work From Home

  By admin2 on March 7, 2020 • ( 0 )

  

  All the Seattle, United States based employees of Amazon, Microsoft and Facebook have been advised by the companies to not to come to work and work from home for the next few weeks as the coronavirus outbreak continues to spread… Read More ›

• Tesla to sell longer driving range Model 3 vehicles in China

  By admin1 on March 6, 2020 • ( 0 )

  

  On Friday, China’s Ministry of Industry and Information Technology stated, Tesla Inc has secured an approval from the government to sell a longer-range Chinese-made model 3 vehicles in the country. These Model 3 vehicles will have a driving range of… Read More ›

• ‘Made in Germany’ aerospace and mechanical engineering contracts touch 5 1/2 year high

  By admin1 on March 6, 2020 • ( 0 )

  

  On Friday, as per a report from Germany’s Federal Statistics Office, industrial orders from Germany surged on bumper aerospace and mechanical engineering bookings, giving the manufacturing sector a big boost at the start of a quarter even as the global… Read More ›

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