International Airlines to Resume Flights to Kenya
International airlines are gearing to resume flights in and out of Kenya, following President Uhuru Kenyatta's directive for international flights to resume from 1st August 2020. Emirates has scheduled a [...]
Global Markets This Week
The price of gold surged to a fresh record high in Monday's morning trading session, topping $1,944.80 per ounce for the first time. Demand for the safe-haven asset was driven [...]
Opinion: Returning to the Skies Rolls Royce
Author: Jacqui Sutton, Chief Customer Officer at Rolls Royce Civil Aerospace Many of our fleet of Rolls Royce engines have spent the past few months in hangars, runways or workshops, [...]Goldman Sachs to pay US$ 3.9 Billion compensation to Malaysia
Goldman Sachs has agreed to pay US$ 3.9 Billion to the Government of Malaysia. The payment is compensation for the loss of proceeds from the sale of bonds that Golden [...]
Renault's First Half Vehicle Sales Decline 34.9%
French carmaker, Renault, has announced a34.9%decline in their worldwide vehicle sales for the first half of 2020, attributed to the negative impacts of the global COVID-19 pandemic, with a majority [...]Global Markets Weekly Report
Wallstreet Major stocks on Wallstreet fell at close on Friday driven by escalating geopolitical tensions amid worries that postponed reopenings and renewed shutdowns induced by the pandemic will drag recovery [...]Japan's Economy Shows Signs of Improvement
Japan cabinet office upgraded its economic assessment for the second consecutive month. However, the office said that the situation remains severe as the country gradually reopens. This was an improvement [...]
Wallstreet Closes Higher, Tesla Microsoft Earnings
Wallstreet closed higher on Wednesday's trading session amid rising tensions between the US and China as well as concerns of a second wave of the coronavirus outbreak. On Wednesday, the [...]Embraer Delivers Only 4 Commercial Planes in Q2
Brazilian planemaker, Embraer delivered only four commercial planes in the second quarter, compared with 26 in the same period last year, occasioned by the global slump in travel due to [...]World Bank Pushes G-20 to Extend Debt Relief to 2021
World Bank Group President David Malpass has urged the Group of 20 rich countries to extend the time frame of the Debt Service Suspension Initiative(DSSI) through the end of 2021, [...]British Airways Retires its Entire Boeing 747 Fleet
British Airways announced that it is retiring its entire Boeing 747 fleet due to the COVID-19 pandemic. A spokesperson from the company says it is unlikely that its 747s will [...]Virgin Atlantic Secures £1.2 Billion Rescue Package
Virgin Atlantic has secured a £1.2 billion rescue package over the next 18 months, only from private funds. The package is to keep the airline flying as the aviation industry [...]
