Oil price hits negative territory, Virgin ailing, firms need wage aid
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...
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 aid to help poor countries fight virus
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...
Markets catch a cold as virus fears infect stock exchanges
THE Nikkei Index for the Tokyo Stock Exchange has taken a tumble over fears at the spread of coronavirus.
The 4.5 percent slump — which...
Press ponders the wisdom and reason for British Steel buy-out
BRITISH Steel late last year announced a “rescue deal” with China's Jingye Group, a move that was expected to safeguard up to 4,000 UK...
Bezos’ billion-dollar bid to boost India’s SME business
AMAZON founder and CEO Jeff Bezos is launching a £770m bid to bring India’s SMEs online.
Bezos said his firm will invest the sum —...
World Bank believes e-commerce brings tangible rewards in China
E-COMMERCE can flourish in developing countries and in rural areas to create employment opportunities, according to research released by the World Bank and the...
IMF warns of debt ‘timebomb’ thanks to ‘cheap money’ borrowing policies
THE International Monetary Fund warns that low interest rates are encouraging companies to take on a level of debt that could become a “timebomb”.
The...
In for the long haul: Qantas to experiment with non-stop trips...
QANTAS Airways is planning to run test flights between London and Sydney to discover how planes, crews and passengers will cope with the longest...
Winning philosophy, bold progress, and a cyclone test passed with flying...
DHOFAR Insurance Company believes in looking after its customers, thinking globally — and becoming everyone's insurer of choice.
Dhofar Insurance (DIC) has been putting that...
