Tag: pandemic

Saturday, August 8th 2020 - 08:18 UTC
Brazil's leading banks giving repayment extensions to some US$ 44bn in outstanding loans

Brazil’s top four listed lenders are giving months-long extensions for consumers and companies to repay 235 billion reais (US$ 43.98 billion) in outstanding loans, a move to give financially squeezed borrowers a breathing room.
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Thursday, August 6th 2020 - 09:19 UTC
Brazil's central bank cuts Selic lending rate to a record low of 2%

Brazil's central bank cut its key Selic lending rate to a record low on Wednesday and left the door open for more cuts, as the outlook for inflation remains below target amid the impact of the coronavirus pandemic on the economy.
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Tuesday, August 4th 2020 - 08:45 UTC
Boris's launches Eat Out to Help Out program with diners at 50% discount

People across Britain enjoyed half-price meals on Monday as the government launched its Eat Out to Help Out scheme aimed at driving up business in the shattered hospitality industry after months of coronavirus lockdown.
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Monday, August 3rd 2020 - 10:00 UTC
Lawsuit against Australia for failing to disclose climate-change risks to its sovereign bond purchasers

A 23-year-old student has filed a lawsuit against Australia's government alleging it has failed to disclose climate change-related risks to investors in the country's sovereign bonds, in the first such action against the Australian government.
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Wednesday, July 29th 2020 - 09:50 UTC
Brazilian healthcare unions accuse Bolsonaro of crimes against humanity for his handling of the pandemic

Brazilian healthcare workers are urging the International Criminal Court to investigate President Jair Bolsonaro's government for crimes against humanity for its handling of the coronavirus pandemic.
Wednesday, July 29th 2020 - 07:30 UTC
McDonald's focusing on affordability marketing and considering return of a one dollar combo promotion

The coronavirus pandemic took a bite out of McDonald's profits and the Big Mac maker said on Tuesday it plans to focus on affordability in upcoming marketing campaigns, as US consumer surveys reveal mounting recession fears. But while there is still a lot of uncertainty because of COVID-19, executives expect the second quarter to be the low mark for the year.
Tuesday, July 21st 2020 - 06:05 UTC
Royal Caribbean suspends construction of the largest cruise ship, “Wonder of the Seas”

Royal Caribbean International has delayed the construction of the world’s largest cruise ship as the coronavirus pandemic continues.
Friday, July 17th 2020 - 07:55 UTC
Covid 19 contagion cases in Brazil reach 2 million, adding one million in a month

Brazil on Thursday passed the 2 million confirmed coronavirus cases mark, with little sign that the rate of increase is slowing as anger grows over President Jair Bolsonaro's handling of the outbreak.
Wednesday, July 8th 2020 - 07:01 UTC
Pandemic forecasted to usher highest retreat for global meat consumption

The pandemic is poised to usher in the biggest retreat for global meat consumption in decades. Per capita consumption this year is set to fall to the lowest in nine years and the 3% drop from last year represents the biggest decline since at least 2000, according to data from the United Nations.
Tuesday, June 30th 2020 - 10:43 UTC
New flu virus found in Chinese pigs with a potential of a “pandemic”

A new flu virus found in Chinese pigs has become more infectious to humans and needs to be watched closely in case it becomes a potential “pandemic virus”, a study said, although experts said there is no imminent threat.