Wealth creation amid the coronavirus conundrum

Wealth creation amid the coronavirus conundrum

The increasing spread of COVID-19 has led to major disruptions across all markets, and the International Monetary Fund has said that the economic fallout is worse than that of the 2007/2008 subprime crisis.
Coronavirus: latest global developments

Coronavirus: latest global developments

Here are the latest developments in the coronavirus crisis:
Changes needed for global banking post-coronavirus

Changes needed for global banking post-coronavirus

Life for many of us has changed beyond recognition compared to just a few months ago – and one of the biggest changes...
Virus-hit Shell says cutting up to 9,000 jobs by 2022

Virus-hit Shell says cutting up to 9,000 jobs by 2022

Energy major Shell unleashed Wednesday a major restructuring to combat plunging oil prices driven by the coronavirus pandemic, warning it will also spark more asset writedowns in the third quarter.
Global coronavirus death toll passes one million

Global coronavirus death toll passes one million

More than one million people have died from the coronavirus, according to an AFP toll, with no let-up in a pandemic that has ravaged the world economy, inflamed diplomatic tensions and upended lives from Indian slums and Brazilian jungles to America's biggest city.
French restaurant owners protest new closures in virus fight

French restaurant owners protest new closures in virus fight

Hundreds of restaurant and bar owners protested in the southern French city of Marseille on Friday against new shutdown orders to curb surging coronavirus numbers, as the country recorded nearly 16,000 new cases.
European airlines cutting fares to woo back passengers

European airlines cutting fares to woo back passengers

With the coronavirus crisis putting a chill on travel, European airlines are reducing fares to attract passengers and fill the planes that are still flying.
OPEC turns 60 at 'critical moment' for virus-hit oil

OPEC turns 60 at 'critical moment' for virus-hit oil

OPEC faces a critical moment in its 60-year history with the coronavirus crushing crude demand and prices, discord among its members, and threats from a world seeking cleaner fuels.
Austria sued for coronavirus outbreaks in ski resorts

Austria sued for coronavirus outbreaks in ski resorts

A consumer watchdog said Wednesday it is seeking hundreds of thousands of euros in damages from the Austrian state over coronavirus outbreaks in ski resorts suspected of spreading the deadly virus across Europe.
Responding to the coronavirus fallout

Responding to the coronavirus fallout

The COVID-19 pandemic has created unprecedented uncertainty and significant operational challenges for many middle market businesses. As this situation continues to evolve, organisations should continuously re-evaluate and reassess their systems and processes for adapting to this new environment, mitigating risk and minimising negative impacts.
UK coronavirus cases verge on 3,000 in 24 hours

UK coronavirus cases verge on 3,000 in 24 hours

The United Kingdom registered almost 3,000 new coronavirus cases over 24 hours, a level not seen since late May, health ministry figures showed Sunday.
Anti-dumping lawsuits looming over exporters

Anti-dumping lawsuits looming over exporters

Trade protectionism is on the rise around the world, as governments attempt to limit the economic damage from the coronavirus pandemic.
US nears 6 million cases of coronavirus

US nears 6 million cases of coronavirus

The United States neared six million coronavirus cases on Sunday, nearly a quarter of the planet's total, as nations around the world battle to contain the raging pandemic.
Everyone must stay on guard against COVID-19 outbreaks: Deputy PM

Everyone must stay on guard against COVID-19 outbreaks: Deputy PM

The risks of further coronavirus outbreaks remain ever-present and everyone must absolutely stay on guard, Deputy Prime Minister Vu Duc Dam said.
Champions League setback as Atletico report two positive coronavirus cases

Champions League setback as Atletico report two positive coronavirus cases

Spanish side Atletico Madrid on Sunday reported two positive coronavirus tests, just four days before they face Leipzig in Portugal for a place in the Champions League semi-finals.
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