Stories for 2020

Tuesday, April 14th 2020 - 07:48 UTC
Exxon raises US$ 9,5bn to bolster its finances; shares have lost 38%

Exxon Mobil Corp on Monday raised US$ 9.5 billion in new debt, with the largest U.S. oil producer seeking to bolster its finances while debt markets remain open to new deals.
Tuesday, April 14th 2020 - 07:19 UTC
Ex Argentine scrum-half on campaign to become World Rugby chairman

Former Argentina scrum-half Agustin Pichot has launched his campaign to become chairman of World Rugby. Pichot has drawn up a six-point plan to force change in the world of rugby - with one part, in particular, catching the eye of many.
Monday, April 13th 2020 - 12:45 UTC
Europe's largest coffin maker plant in France working overtime

At a factory belonging to Europe's largest coffin maker, OGF, in eastern France, workers are doing overtime to meet demand from families parting with their loved ones. “Due to the epidemic, we decided to manufacture just four models of coffins that are top sellers with families” compared to the 15 types usually on offer, said factory director Emmanuel Garret.
Monday, April 13th 2020 - 12:22 UTC
Latam Brazil CEO: “We expect demand to return to pre-crisis levels in two to three years”

In a general sense, airlines around the world have already realized the short-term effects and the best way to survive the coronavirus crisis. Now, another vital question faces the industry: how demand for air travel will behave after the pandemic is under control?
Monday, April 13th 2020 - 12:22 UTC
“Bolsonaro's government is over; the question is how it makes it to 2022”, Senate president

The chief of the Brazilian Lower House, Rodrigo Maia has held a round of political talks and contacts to discuss the current course of the government and attitude of president Jair Bolsonaro regarding the current Covid 19 pandemics.
Monday, April 13th 2020 - 12:18 UTC
Foreigners in India made to write 500 times “I did not follow the rules of lockdown so I am sorry”

Foreigners who broke a coronavirus lockdown in an Indian town made famous by the Beatles, were forced to repent by writing “I am so sorry” - 500 times, officials said on Sunday. The nationwide lockdown was imposed near the end of March, with residents permitted to leave their homes only for essential services such as buying groceries and medicine.
Monday, April 13th 2020 - 12:14 UTC
Tenor Bocelli performs “The Music for Hope” from Milan's Duomo

Italian tenor Andrea Bocelli performed a solo Easter concert from an empty Milan Cathedral streamed live to millions of people around the world in coronavirus lockdown. “The Music for Hope” performance, which was streamed on YouTube from Milan's Duomo cathedral, has been watched more than 22 million times so far.
Monday, April 13th 2020 - 10:54 UTC
Oil prices recover modestly following a historic deal by world's largest producers

Oil prices jumped on Monday after swinging wildly in early trading as investors weighed whether a historic deal by the world’s biggest producers to cut output would be enough to steady a market pummeled by the coronavirus.
Monday, April 13th 2020 - 10:31 UTC
Bolsonaro again criticizes social isolation by taking to the streets of Brasilia

Brazilian President Jair Bolsonaro again took to the streets of Brasilia, drawing crowds and greeting followers in his latest public pushback against social isolation measures to fight the coronavirus outbreak.
Monday, April 13th 2020 - 10:30 UTC
EU agrees massive emergency Euros 500bn fund; Germany says “nein” to mutual guaranteed coronabonds

European Union finance ministers have agreed on a massive emergency package designed to ensure that member-states hit hard by the coronavirus pandemic will have the necessary resources to rebuild their economies.