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 ›
JetBlue Airways Corp and United Airlines Holdings Inc have cut down flights and have implemented cost controls measures in the wake of China’s coronavirus spreading in the United States depressing travel demand. In a letter to employees, United Airlines announced… Read More ›
The development signals a growing move by Britain’s financial watchdog to scrutinize audits conducted by the Big Four accounting firms. Following a collapse of travel giant Thomas Cook, Britain’s Financial Reporting Council has begun an investigation into the travel company’s… Read More ›
While China’s producer price index (PPI) fell to its 3 year low, the consumer price index (CPI) rose by 2.8% in July. On Friday, in a development that underscores the effectiveness of Washington’s trade action against Beijing, China’s factory gate… Read More ›
Russian Energy Minister Alexander Novak’s comments come in the wake of crude oil prices falling by more than a third this quarter. With the price of crude falling by more than a third this quarter, Russia’s Energy Minister Alexander Novak… Read More ›
Although China’s July exports to the U.S. is marginally lower than June, data shows its exports to the United States has accelerated ahead of the imposition of more tariffs. Despite the rumblings coming from in the intensifying trade war between… Read More ›
It plans on hiring nearly 20 people for its project which involves creating characters for massively multiplayer online (MMO) games. In 2016, Rovio booked a small profit in comparison to 2015’s loss. The fall of the British sterling has a… Read More ›
The shock verdict has led to a fall of business and investor confidence in the British economy. The fall of the pound has made the UK companies easy picking for foreign companies who have snapped up lucrative deals. The shocking… Read More ›
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