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Nov 1, 2020 22:50
The coronavirus pandemic will result in fewer airline companies globally because firms are currently being taken over or going under, the head of the International Air Transport Association (IATA), Alexandre de Juniac has said.
- Gold demand plunges to 11-year low – World Gold Council
Gold lost its shine for investors and central banks in the third quarter, the World Gold Council (WGC) said in its latest report, as the coronavirus pandemic weighed on global interest in the precious metal.Nov 1, 2020 06:44 - ExxonMobil scraps project to build LNG terminal in PakistanUS energy giant ExxonMobil has canceled plans to build a liquefied natural gas (LNG) terminal in Pakistan, the Express Tribune reported, citing its sources.Nov 1, 2020 09:49
- Oil investments are drying up as crude demand faltersThe COVID-19-induced shortage in key oil investments could spell trouble for the entire industry for years to come.Nov 1, 2020 09:49
- Russia adds $4.5 BILLION to foreign exchange reserves in 1 weekRussian gold & foreign currency reserves have increased to $589.8 billion, according to the latest data released by the central bank.Oct 31, 2020 10:18
- Many airline companies won’t survive Covid crisis, aviation body warnsThe coronavirus pandemic will result in fewer airline companies globally because firms are currently being taken over or going under, the head of the International Air Transport Association (IATA), Alexandre de Juniac has said.Nov 1, 2020 22:50
- Oil investments are drying up as crude demand faltersThe COVID-19-induced shortage in key oil investments could spell trouble for the entire industry for years to come.Nov 1, 2020 09:49
- ExxonMobil scraps project to build LNG terminal in PakistanUS energy giant ExxonMobil has canceled plans to build a liquefied natural gas (LNG) terminal in Pakistan, the Express Tribune reported, citing its sources.Nov 1, 2020 09:49
- Gold demand plunges to 11-year low – World Gold CouncilGold lost its shine for investors and central banks in the third quarter, the World Gold Council (WGC) said in its latest report, as the coronavirus pandemic weighed on global interest in the precious metal.Nov 1, 2020 06:44
- China believes natural gas demand will SOARChina’s largest natural gas supplier has predicted that demand will double over the next 15 years, giving hope to natural gas producers around the world that the industry will soon bounce back.Oct 31, 2020 20:43
- WATCH: Planes complete inaugural landings as ‘laughing stock’ Berlin airport finally takes offAfter a decade of delays and a massive budget overspend, Berlin’s Brandenburg Willy Brandt Airport finally welcomed its first airplanes on Saturday as Easyjet and Lufthansa flights safely touched down in the German capital.Oct 31, 2020 13:08
- Russia adds $4.5 BILLION to foreign exchange reserves in 1 weekRussian gold & foreign currency reserves have increased to $589.8 billion, according to the latest data released by the central bank.Oct 31, 2020 10:18
- China’s Xiaomi overtakes Apple as world’s third-largest smartphone makerWith the smartphone market starting to recover from the coronavirus crisis, Chinese producer Xiaomi has made history by beating the iconic Apple iPhone at its own game.Oct 31, 2020 09:16
- Pandemic-related travel disruptions wipe out $730 BILLION in global tourism revenue – UNThe number of international arrivals plunged by 70 percent for the first eight months of 2020 compared to a year earlier, amid the collapse in travel caused by the pandemic, according to the UN World Tourism Organization (UNWTO).Oct 31, 2020 07:31
- Alibaba’s Singapore-based e-commerce firm Lazada suffers massive data hack of 1.1 million accountsE-commerce firm Lazada has announced that a major security breach has resulted in 1.1 million people’s personal information including addresses and partial credit card numbers being compromised.Oct 30, 2020 17:47
- It’s time to buy emerging markets & gold, says legendary investor Mark MobiusWhile the global economy is trying to stay afloat amid the Covid-19 pandemic, investors should look to emerging markets like Russia and India, as well as at physical gold. That’s the advice from veteran investor Mark Mobius.Oct 30, 2020 13:23
- Governments’ Covid-19 reaction to close economies worse than pandemic itself – Jim RogersWhile the coronavirus outbreak triggered the deepest crisis in decades, “overreacting” politicians have only exacerbated the situation, legendary investor Jim Rogers has told an international forum hosted by Russia.Oct 30, 2020 12:19
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