Business
Airlines worldwide face an unprecedented existential threat as the coronavirus shuts down global travel, leaving governments with controversial and costly decisions about which carriers to bail out.
Mar 17, 2020
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5
Business
A plunge in exports and the worst growth rates for a decade have fuelled concerns about the outlook for Singapore's economy, with analysts saying the figures offer a warning that Asia is heading for a slowdown as China-US ...
Jul 21, 2019
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5
Consumer & Gadgets
Domestic energy prices more than doubled during 2022 compared with the year before. This meant that the number of UK households in fuel poverty who could not afford to heat their homes to a safe level rose from 4.5 million ...
Oct 18, 2023
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1
Business
MIOIR Researchers Professor Frank Geels and Dr. Julian Gregory conducted a longitudinal analysis of coevolving contexts and company strategies in the U.K. steel industry. While the existing literature makes important analyses ...
Jan 23, 2023
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11
Business
Virgin Atlantic will cut over 3,000 jobs —around a third of staff—as the coronavirus pandemic grounds planes worldwide, the British carrier part-owned by tycoon Richard Branson announced Tuesday.
May 5, 2020
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0
Business
New Zealand called on Google and Facebook Wednesday to strike deals with Kiwi media similar to those reached in Australia, which require the tech giants to pay for using news.
Mar 3, 2021
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5
Business
Police in Estonia have arrested two men accused in a $575 million cryptocurrency fraud, U.S. authorities said Monday.
Nov 22, 2022
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4
Automotive
The head of the US auto workers late Thursday announced plans to strike at three factories beginning at midnight if there is no deal reached in the waning remaining hours.
Sep 15, 2023
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17
Automotive
Crisis-hit Japanese automaker Nissan hopes the resignation of its embattled chief executive will help turn the page on the tumult unleashed by the arrest of former chief Carlos Ghosn.
Sep 10, 2019
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0
German carmaker Daimler warned Wednesday that it would likely make an operating loss in the `second quarter due to the impact of the coronavirus pandemic.
Apr 29, 2020
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3
The term financial crisis is applied broadly to a variety of situations in which some financial institutions or assets suddenly lose a large part of their value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults.
Many economists have offered theories about how financial crises develop and how they could be prevented. There is little consensus, however, and financial crises are still a regular occurrence around the world.
This text uses material from Wikipedia, licensed under CC BY-SA
