Colombian airlines Avianca files for bankruptcy
More than 80% of Avianca's income has been affected by the pandemic...
Tag : Covid-19
Nigeria suspends layoffs for banks despite difficult times
Commercial lenders will have to seek approval from the central bank to implement job cuts...
The pandemic pushes medtechs to build sustainable healthcare in the UK
IW Capital has invested £2 million in GPDQ to boost healthcare provisions on the back of rising patient demand...
NHS, private health insurers offer enhanced policies, quick treatment access
A few private medical insurers are extracting existing NHS cash benefits to help Covid-19 patients, while others are building more benefits to their existing policies for all patients...
IMF executive board approves debt service relief to 25 poor countries
These countries are most vulnerable to debt and come under the IMF's revised Catastrophe Containment and Relief Trust...
Saudi’s oil revenue anticipated to drop $38.5 billion
The rate of oil production might improve during the period between July and December 2020...
Singapore property investment sales dropped 37% to $3.02 bn in Q1
In the first quarter, commercial property sales dropped 81 percent to $183.4 million compared to the same period last year...
China’s new loans surge to $405 bn in March on the back of Covid-19
New loans in the country have surpassed market expectations of 1.8 tn yuan...
Egypt urges domestic banks to set limit on daily withdrawal and deposits
The new limit would allow individuals to withdraw 10,000 Egyptian pounds and companies 50,000 pounds...
Gulf airlines see 20% spike in cargo demand for essential supplies
Mainly, food and medical supplies are in great demand globally...