Under the current extraordinary circumstances, when the outbreak of Covid-19 emerged as a “Black Swan” and consequently impacted most of economic activities all over the globe since early 2020, governmental and private sectors have proved to be prudent, trusted and responsible partners in defeating
Nearly 4.54bn travellers, the equivalent of more than half the world’s population, flew on 46.8mn flights around the globe in 2019.
President Hassan Rouhani pressed harder on Wednesday for a $5bn emergency IMF loan Iran has sought to fight the Middle East’s worst coronavirus outbreak, saying the Fund would be guilty of discrimination if it withholds the money.
China faces its worst job market in more than two decades, with tens of millions of people temporarily without work or unemployed in the first three months of 2020 and the number of jobs set to shrink by more than 10mn this year, according to UBS Group AG economists.
Australia’s coveted ‘AAA’ credit rating came under threat yesterday as the country’s parliament returned to pass an emergency A$130bn ($80bn) stimulus package to help cushion the economic blow from the coronavirus pandemic.
Hong Kong announced relief measures worth HK$137.5bn ($17.7bn) yesterday to help businesses and people crippled by the coronavirus outbreak to stay afloat, as the city joins global efforts to cushion the impact of the pandemic.
The recent historic sell-off in the stock market is creating opportunities for Hong Kong-listed companies to go private, and keeping their bankers busy.
Indian stocks swung to losses in volatile trading, after capping the best session in more than a decade on Tuesday, as investors weighed the prospect of the nation extending the world’s biggest lockdown to curb the spread of the coronavirus outbreak.
Italy, Netherlands lock horns in 16 hours of talks; negotiations to resume at 1500 GMT today; row over conditions for ESM access, recovery financing; ECB calls for €1.5tn in fiscal measures
Qatar Airways Cargo has increased services around the world, operating freighters and freight-only passenger aircraft to ensure the continuity of global trade and transportation of essential supplies to where they are needed
A robust increase in the registration of new private vehicles and a buoyant used vehicles segment helped Qatar's automobile sector witness more than 3% year-on-year growth in February 2020