Economy

• Tuesday, May 5th 2020 - 06:41 UTC

  Australia and New Zealand considering a “travel bubble” between the two countries

  

  New Zealand and Australia are discussing the potential creation of a “travel bubble” between the two countries, sources said on Monday, even as Australia reported its highest number of coronavirus cases in two weeks.

• Monday, May 4th 2020 - 08:07 UTC

  Argentina cannot afford to pay creditors more

  

  By Martin Guzman (*) – The following piece was published in the Sunday editions of the Financial Times, ahead of a critical countdown in May for Argentina's debts and its creditors:

• Monday, May 4th 2020 - 07:57 UTC

  Argentina willing to continue talks with bondholders; ensuring sustainability of the debt is the target

  

  Argentina is willing to keep working toward a deal to restructure its debt if an offer that expires on Friday is rejected, the economy minister said. Economy Minister Martin Guzman told Argentine daily Clarin in an interview published on Sunday that he is seeing a “growing understanding” with bondholders ahead of a May 8 deadline for the offer that creditor groups already criticized.

• Monday, May 4th 2020 - 07:41 UTC

  Buffett sold its entire stakes at the four largest US airlines: “the world has changed”

  

  Berkshire Hathaway sold its entire stakes in the four largest US airlines in April, chairman Warren Buffett said on Saturday at the company's annual meeting, saying “the world has changed” for the aviation industry.

• Saturday, May 2nd 2020 - 07:21 UTC

  Trump thinking on ways of making China accountable for the coronavirus: raising tariffs an option

  

  US President Donald Trump said on Friday raising tariffs on China is “certainly an option” as he considers ways to retaliate for the spread of the COVID-19 out of Wuhan, China.

• Saturday, May 2nd 2020 - 07:20 UTC

  Shell announced it was cutting its dividend for the first time since World War Two

  

  Royal Dutch Shell cut its dividend for the first time since World War Two on Thursday as the energy company retrenched in the face of an unprecedented drop in oil demand due to the coronavirus pandemic.

• Saturday, May 2nd 2020 - 06:50 UTC

  UK universities under financial stress: lockdowns and absence of foreign students

  

  With conferences cancelled and revenues hit because of a lack of rent from student accommodation, Britain's universities are reeling from the global coronavirus pandemic. Schools have already lost millions of pounds thanks to enforced closures under lockdown, and things could get worse still.

• Friday, May 1st 2020 - 08:12 UTC

  International Workers Day message from ILO Director General

  

  By Guy Ryder (*) – In the time of coronavirus, the big challenge for most of us is how to protect ourselves and our families from the virus and how to hold on to our jobs. For policymakers, that translates into beating the pandemic without doing irreversible damage to the economy in the process.

• Friday, May 1st 2020 - 08:08 UTC

  Cargill strongly supports Brazil and its global breadbasket position

  

  The volume of agricultural commodities originated, processed and traded in Brazil by Cargill Inc rose by 12% in 2019 as the U.S.-based firm makes the most from its presence in one of the world’s largest breadbaskets.

• Friday, May 1st 2020 - 07:32 UTC

  Falklands' first Loligo season ends; vessels off to Vigo, and back by end of July for second season

  

  The Falkland Islands government, FIG, announced that the first loligo season has come to a close as of 28 April, and on Thursday a number of vessels arrived in Stanley Harbor and Port William.