Job-swap hope for thousands of airline workers hit by crisis — but misery for...
By Hal Williams
IN A WEEK where EasyJet announced plans to cut up to 30 percent of its employees to save costs, home healthcare company...
China ‘set to launch’ trial of e-RMB digital currency
CHINA’S central bank has stepped up development of a digital currency likely to become the first to be operated by a major economy.
The sovereign...
Fresh EU coronavirus recovery package has detractors up north
EU HEADS have agreed to set up a €540bn post-pandemic recovery fund, tied to the EU’s seven-year budget.
European Council president Charles Michel, who chaired...
Oil price hits negative territory for the first time, Virgin Group ailing, UK firms...
CORONAVIRUS infections are dropping in many countries, but corporate and financial impacts are increasingly being felt.
Virgin Australia is going into administration, the US oil...
A menace by any other name: the ‘equaliser’ that just isn’t
By William Roman
COVID-19 and coronavirus are the most common names for it, but some sociologists and economists are tentatively hailing the virus as the...
Bid to ease virus impacts on cash flow is ‘flawed’ — CEO
THE UK government’s proposed Coronavirus Business Interruption Loan Scheme (CIBLS) is coming in for some criticism.
HM Treasury and the Bank of England last week...
ECB launches new aid package to soothe effects of pandemic
By HAL WILLIAMS
THE EUROPEAN Central Bank has launched a €750bn emergency package to buy government and company debt across the eurozone.
The temporary purchasing scheme...
Yes Bank founder Kapoor arrested on charges of money laundering
THE head and founder of India's private Yes Bank, Rana Kapoor, has been arrested in Mumbai on charges of money laundering.
His arrest comes just...
World Bank commits £9.4bn in aid to help poor countries in virus fight
THE WORLD Bank has committed $12bn (£9.4bn) to help developing countries cope with the spread of coronavirus.
The aid package includes technical assistance as well...
Today’s special? Walmart set to unload stake in Asda
WALMART, the world’s biggest retailer, may sell a majority stake in UK supermarket chain Asda.
(Click here to see stock prices for the companies mentioned...
