Tag: soars
Written by Gabriel HerveyMarch 24, 2020
Airlines beg for rescue as coronavirus hit soars to US$250b
News Business Article
LONDON: Global airlines urged governments on Tuesday (Mar 24) to speed up bailouts to rescue the air transport industry as they doubled their estimate of 2020 revenue losses from the coronavirus crisis to more than US$250 billion. “We clearly need massive action very quickly and urgently,” Alexandre de Juniac, director general of the International Air
Written by Gabriel HerveyMarch 19, 2020
STI dives to near 2,300 as US dollar soars
News Business Article
SINGAPORE: Singapore’s stock market joined yet another global sell-off on Thursday (Mar 19), while the US dollar surged, as massive stimulus and emergency central bank measures in Europe, Japan, the United States and Australia failed to halt a fresh wave of panic-selling over the coronavirus pandemic. The Straits Times Index came close to falling below
