by pallanus | May 13, 2020 | Business News
After the government ordered a shutdown in the UK, economic activity came to grinding halt in the country, much like other nations across the globe. Data from the Office of National Statics showed UK GDP contracting by 2 per cent in the first three months of the year...
by pallanus | May 12, 2020 | Business News
Shagufa Haidari, 23, a flight attendant for Afghanistan’s Kam Air, used to fly six days a week around the country and abroad, to Istanbul, Islamabad and Delhi. Then the novel coronavirus hit. Now she barely flies, most of her colleagues have been furloughed and...
by pallanus | May 4, 2020 | Business News
India’s manufacturing activity contracted at its sharpest pace on record in April as a lockdown to combat the rapid spread of the coronavirus led to a slump in demand and massive supply chain disruptions, a private sector survey showed on Monday. Asia’s third-largest...
by pallanus | May 1, 2020 | Business News
The airline said it was now reviewing growth plans and plane orders and was in talks with Boeing and aircraft lessors to cut the number of deliveries over the next 24 months. Ryanair said it expected a loss of 100 million euros ($110 million) in the three months to...
by pallanus | May 1, 2020 | Business News
Reliance Industries Ltd, operator of the world’s biggest refining complex, reported a 39% slump in its March quarter profit, the steepest drop since December 2008, as a sharp fall in oil prices and lower fuel demand hammered its dominant energy businesses. The...
