Tag: business
Millions of missing airmiles: How the UN civil aviation agency is helping airlines take off again
In normal times, the world’s airlines would be carrying nearly 2 billion international passengers this year. That’s 5.7 million a day. But with the COVID-19…
Coronavirus: banking package to facilitate bank lending
A new banking package, adopted Tuesday by the EU Commission, aims to ensure that banks can continue to lend money to support the economy and…
EU gives go-ahead to EUR 540 bn recovery package
EU leaders endorsed in a video call Thursday an agreement on safety nets for workers, businesses and sovereigns amounting to a package worth EUR 540…
New rules to help SMEs sell across Europe
New rules on mutual recognition of goods, which started applying across the EU from Sunday, will make it faster, simpler and easier for companies, especially…
Tough times for tourism, but UN travel organization predicts holiday traffic will return
Tourism may have been brought to a near-standstill by COVID-19, but the industry – which accounts for 10 per cent of global GDP – finds…
When will U.S. economy bottom? Economists hunt for the right view
The economic crisis spawned by the coronavirus pandemic has produced a wave of grim U.S. data, with likely more to come as millions lose jobs,…
Britain’s Tesco recruits 35,000 workers to get through coronavirus crisis
Britain’s biggest retailer Tesco (TSCO.L) said on Tuesday it had recruited 35,000 additional workers in the last 10 days to help get it through the…
EU approves UK SME support schemes
The EU Commission on Thursday approved two separate UK State aid schemes to support small and medium-sized enterprises (SMEs) in the context of the coronavirus…
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