Large global brands are to cut ad spend harder – and for longer – in response…
Category: Global Business News
A global tourism catastrophe
Socrates Gavriel is bracing for a dramatic drop in visitors to his boutique hotel in Athens this summer.…
Maersk sees drop in global ship container demand this year
World Maersk sees drop in global ship container demand this year Wednesday, May 13, 2020 14:26…
China’s Luckin Coffee sacks bosses amid accounting scandal
China’s Luckin Coffee has sacked two of its top bosses after new evidence came to light…
Contact tracing, temperature checks and masks: airline industry outlines new norms
World Contact tracing, temperature checks and masks: airline industry outlines new norms Wednesday, May 13, 2020…
Saudi crown prince’s economic master plan could be derailed by oil price crash
Saudi Arabia is taking drastic steps to shore up its finances after the oil price crash and the…
EU to add more Africa States on money laundering list
The European Commission is set to add Panama, the Bahamas and Mauritius to its list of…
Asia’s pandemic stimulus may slow the demise of coal
SINGAPORE (Reuters) – Coal power plant construction will push ahead in Asia despite falling electricity demand…
World’s second-oldest airline files for bankruptcy
Mexico City/Atlanta/Hong Kong (CNN Business) Another major international airline has gone bust in the wake of…
Coronavirus pandemic a major blow for Airbnb
At the foot of the Acropolis hill, in the touristic Koukaki district, the coronavirus lockdown has…