UK economy sees largest quarterly fall since 1979
GDP dropped by a quarterly 2.2% between January and March...
Tag : Europe
UK’s EasyJet raises $520 mn through a share sale
The stock offering equal to almost 15% of its existing share base...
Deutsche Bank names new head for SE Asia wealth management
Chow Shang-Wei served as the managing director of HSBC Private Bank...
UK economy to shrink by 8% in 2020: Reports
Official figures showed Britain’s economy shrank by a record 20.4% in April...
UK’s AstraZeneca approaches rival Gilead for potential merger
Both companies are leading the fight against Covid-19 in their respective countries...
ECB announces new pandemic stimulus worth $676 bn to fight Covid-19
This takes the total pandemic stimulus to $1.52 trn...
Amazon founder Jeff Bezos invests in UK logistics Beacon
The startup raised around $15 mn in its Series A funding round...
UK does not seek trade talk extension despite EU offer
Recently, the EU said it is open to delaying the end of the post-Brexit transition phase by up to two years...
British Airways to take delivery of its first Boeing 787-10
The new Dreamliner variant will join the existing 787-8 and 787-9 aircraft that are already part of the carrier’s fleet...
Coronavirus pandemic to severely impact the renewable energy sector
China alone supplies more than 50% of solar equipment to the world...