Wednesday, December 4, 2024

Business

Biggest downfall at Lufthansa that says aviation won’t improve for years

One of the dominant European airlines, Lufthansa is going to shut down some of the low-cost carriers and decrease the size of its fleet. The airline even said it would take years to attain the previous position amid Coronavirus...

Joe Tsai, the co-founder of Alibaba, donates masks and ventilators to New York

Joe Tsai, billionaire and co-founder of Alibaba eCommerce Chinese biggest platform, and his wife, Clara Wu Tsai, have decided to support New York by donating 170,000 ventilators and 2.6 million masks due to the pandemic Coronavirus. The whole supply separated...

Bank of America softens loans criteria for small businesses amid coronavirus

On Saturday, Bank of America has decided to enlarge the eligibility criteria for government supported program, especially for those who were severely affected by the pandemic Coronavirus, to offer loans for small businesses. The action badly criticized by the clients...

Dubai’s 2020 Expo delayed a year due to COVID-19

United Arab Emirates-- Dubai's 2020 Expo should be delayed for one year due to the novel Coronavirus, local organizers described on Monday that sheikdom has fixed billion dollars bet to restore its weak economy. The alternative decision would be made...

UK administration will pay 80% of salaries as it closes pubs amid Coronavirus

On Friday, the government of UK announced that they will support employees’ salaries who are facing unemployment due to Coronavirus outbreak, and they gave instructions to close all restaurants and pubs to resist pandemic. Rishi Sunak, a finance minister, said...

China reported Jan-Feb business activity worse than expected

The consumer spending of China, as well as other economic activities, fell badly even than expected in the first two months of 2020 due to coronavirus outbreak. It adds more difficulties for the ruling Communist Party as it is...

China has banned eating wild animals amid coronavirus outbreak but ending the market would be a big challenge

Restrictions made by the Chinese government on the consumption of wild animals and their farming in the market due to coronavirus breakout, which is considered to have initiated in Wuhan’s wild animal market. Thus far, pangolin, snake, and bats are...

Latest News

It Would Be a Mistake For Israel To Occupy Gaza – President Biden

The United States officials claim that President Biden said the occupation of Gaza by Israeli forces would not be...