Qatar Airways will have to seek government support eventually, Chief Executive Akbar al-Baker told Reuters, warning that the Middle East carrier could soon run out of the cash needed to continue flying. Several states have stepped in to help airlines hammered by the coronavirus pandemic that has virtually halted international […]
Read moreAfrica’s Biggest City on Lockdown to Curb Virus in Nigeria
We’re tracking the latest on the coronavirus outbreak and the global response. Sign up here for our daily newsletter on what you need to know. Nigeria will restrict all movement of people and ordered businesses and offices closed in its two main cities, Lagos and Abuja, as well as Ogun […]
Read moreHow Supply Chains Jumped From Business School and Into Our Lives
Supply Lines is a daily newsletter that tracks COVID-19’s impact on trade. Sign up here, andsubscribe to our Covid-19 podcast for the latest news and analysis on the pandemic. The past century of global economic integration through trade has been a steady march of progress, from trucks to pallets, from […]
Read moreWhiplash World About to See If Stimulus Can Fix Wounded Markets
In this article Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. It’s probably best to take the selloff late Friday as the pointer to what comes next for the world’s financial markets […]
Read moreER Doctor Sick With Coronavirus: ‘Nothing Right Now Is Sustainable’
Dr. Sana Maheshwari, an emergency room doctor in New York City, is sick with COVID-19. She had been seeing patients with coronavirus-related symptoms since late February, but in the last two weeks, the number of cases coming into her hospital surged. Around the same time, Maheshwari’s hospital started running low […]
Read moreInstacart workers striking over coronavirus conditions, lack of protection, benefits
Sysco CEO: Pivoting support to help US retail grocers keep shelves in stock Sysco CEO Kevin Hourican discusses how his company is changing in the wake of the coronavirus outbreak. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below […]
Read moreThe Global Oil Market Is Broken, Drowning in Crude Nobody Needs
The global oil market is broken, overwhelmed by an unmanageable surplus as virus lockdowns cascade through the world’s largest economies. Onshore tanks in many markets are full, forcing traders to store excess oil in idle supertankers. Refineries are starting to shut down because nobody needs the fuels they produce. In […]
Read moreHong Kong to Provide Second Round of Financial Aid to Companies
Hong Kong’s government will introduce a second round of financial assistance for businesses affected by the novel coronavirus outbreak, according to Chief Secretary Matthew Cheung. The subsidies from the Epidemic Prevention Fund would aim to protect workers, Cheung wrote in a blog Sunday that didn’t provide details of the plan […]
Read moreUnion seeks transport, police protection for bank staff
Anticipating a sudden and huge crowd in bank branches following the announcement of various measures by the government on Friday, the AIBEA said since the number of employees in bank branches are very few, the crowds can pose a big risk for the bank staff as well as for the […]
Read moreOnline but off the beaten track: small suppliers who deliver so much more
As you sit at position 27,308 in your online supermarket queue, think again: there are smaller businesses out there that desperately need your help. Minimal trips for essentials are the order of the day in the time of coronavirus, as are home deliveries. Many independent firms are pulling out all […]
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