Sun, 29-May-2022

Coronavirus Effects

Indian Tea Prices Jump to Record as Floods, COVID-19...

Tea prices in the world’s second-biggest producer India have jumped to a record after intense floods and coronavirus movement restrictions trimmed output in the main producing region. The price rise ... July 22, 2020 12:53 pm By Neha Mule

Cathay Pacific Flags $1.3 Billion First-half Loss as...

Hong Kong’s Cathay Pacific Airways Ltd. expects a first-half net loss of HK$9.9 billion (£1.03 billion), including impairment charges on 16 planes, the airline said on Friday, as the coronavirus pandemic cr... July 17, 2020 3:23 pm By Neha Mule

Microsoft Trims Jobs as it Enters New Fiscal Year

Microsoft Corp said on Thursday it had trimmed its workforce across geographies and teams as it entered a new fiscal year from July 1. Business Insider had earlier reported that the company cut under 1,... July 17, 2020 3:14 pm By Neha Mule

U.S. Homebuilding Surges as Pandemic Sparks Flight t...

U.S. homebuilding increased by the most in nearly four years in June amid reports of rising demand for housing in suburbs and rural areas as companies allow employees flexibility to work from home because of t... July 17, 2020 3:01 pm By Neha Mule

Huntington Ingalls Industries Partners with the Virg...

Huntington Ingalls Industries (HII) announced it has signed on to be a business partner of the Virginia Ready Initiative (VA Ready), a new initiative to help unemployed Virginians across the commonwealth get b... July 17, 2020 11:12 am By Neha Mule

IMF Chief Warns Global Economy ‘Not Out of the Woo...

Global economic activity is picking up after an unprecedented decline this year due to the coronavirus pandemic, but a second major wave of infections could trigger more disruptions, the International Monetary... July 16, 2020 6:22 am By Neha Mule

Virgin Atlantic Agrees Private-only $1.5 Billion Res...

British airline Virgin Atlantic said on Tuesday it had agreed a private-only rescue deal with shareholders and creditors worth 1.2 billion pounds ($1.5 billion) to secure its future beyond the coronavirus cris... July 14, 2020 1:58 pm By Neha Mule

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