Economy

Wednesday, June 24th 2020 - 09:16 UTC
UK moves to end “national hibernation” with pubs reopening on July 4

Pubs in England can reopen on Jul 4 after over three months of closure due to coronavirus, Prime Minister Boris Johnson announced on Tuesday, a move hailed by the industry after warnings many premises could shut for good.
Tuesday, June 23rd 2020 - 10:26 UTC
Falklands government on track to deliver a five year £130m capital program

The Falkland Islands Government confirmed its commitment to delivering its capital program, despite some disruption caused by the global COVID-19 pandemic. The approved total capital program is valued at £130m over five years and there is significant work on-going to deliver critical infrastructure projects.
Monday, June 22nd 2020 - 08:41 UTC
Spain reopens borders on Sunday hoping to re-launch the tourism season

Spain reopened its borders on Sunday, a significant stage in Europe's gradual reopening after its battle against the coronavirus, as infections in Latin America surged past two million.
Sunday, June 21st 2020 - 06:57 UTC
Colgate-Palmolive reviewing name of Chinese “black person toothpaste”

Colgate-Palmolive said it was working to review and evolve its Chinese toothpaste brand, Darlie, the latest in a string of brand reassessments amid a US debate on racial inequality.
Saturday, June 20th 2020 - 10:19 UTC
Argentina extends deadline for bondholders to accept debt deal to July 24

Argentina extended a deadline for bondholders to accept a debt restructuring proposal for the fifth time as creditors blamed the government for “walking away” from talks.
Saturday, June 20th 2020 - 09:08 UTC
Record demand for premium and luxury cars by the rich South Koreans

South Korea's swift handling of the COVID-19 crisis has provided a backdrop for a sharp increase in demand for premium and luxury cars, dealers and officials said, as wealthy people, insulated from many of the pandemic's worst effects, want to show off on the road.
Friday, June 19th 2020 - 10:35 UTC
Trump threatens with the option of “a complete decoupling from China”

President Donald Trump on Thursday renewed his threat to cut ties with China, a day after his top diplomats held talks with Beijing and his trade representative said he did not consider decoupling the U.S. and Chinese economies a viable option.
Friday, June 19th 2020 - 10:08 UTC
Toothfish season underway at South Georgia

The Government of South Georgia and South Sandwich Islands, GSGSSI, usually celebrates the toothfish fishery on the 4th September each year – Toothfish day. However, this season celebrations started early, when, on the 1st May the first vessels arrived at South Georgia for the start of the 2020 fishing season.
Friday, June 19th 2020 - 09:40 UTC
Germany calls on the EU to prepare for a no deal post Brexit with UK

The German government is urging other EU states to prepare for a no deal Brexit, according an internal document that casts doubt on Britain’s optimism over chances of an early agreement on its future ties with the bloc.
Friday, June 19th 2020 - 09:30 UTC
Bank of England: It's not that bad so the bond-buying program will be scaled down

The Bank of England slowed the pace of its huge bond-buying program on Thursday as it saw some signs that the British economy was recovering from the unprecedented slump caused by the coronavirus lockdown.