For most of this year, China has been living seven weeks in the future. The world’s…
Category: Global Business News
South Africa Seeking New Carrier From Ashes of State Airline
South Africa is seeking to create a new thriving national airline out of the ashes of…
Million-dollar whisky sale targeted in cyber attack, says auctioneer
The second phase of a million-dollar online whisky auction has been postponed after it became the target of…
Oil prices hit 1990s low as coronavirus outbreak sinks demand
Global Markets Oil prices hit 1990s low as coronavirus outbreak sinks demand Wednesday, April 22, 2020…
Crude prices plunge below zero send ‘oil tourists’ on wild ride
Global Markets Crude prices plunge below zero send ‘oil tourists’ on wild ride Tuesday, April 21,…
Richard Branson offers island as collateral to Australia and UK in exchange for a bailout
London (CNN Business)Virgin Atlantic and Virgin Australia will need government support if they’re to survive the economic…
Ethiopian Airlines sees a $550m loss
Ethiopian Airlines on Tuesday announced it had lost $550 million in revenue since January attributable to…
‘World faces worst recession since Great Depression’
The global economy will contract by 3% this year as countries around the world shrink at…
UK MPs summon China-owned firm execs over security concerns
A leading UK-based firm will be summoned on Tuesday by MPs to answer questions over security…
The pandemic is playing to almost every one of Amazon’s strengths
(CNN Business)As the coronavirus pandemic has forced people to stay inside, few companies have proven themselves as essential…