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Tag - WORLD ECONOMY

Given the current status held by some of the significant technologically leading conglomerates around the globe, puts them in a position that may be seen as advantageous for the economy on a local if not global scale

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Minister of Defence, received today a phone call from President Vladimir Putin of the Russian Federation.

The English Premier League plans to resume play on June 17 after a two-month hiatus caused by the coronavirus pandemic, league officials announced on Thursday.

Serie A, Italy's top soccer league, has been given the green light to return on June 20 by the country's Minister for Sport.

British low cost airline 'EasyJet' said it planned to cut up to 30 percent of its staff, or 4,500 jobs, and shrink its fleet, to fit the smaller market it expects to emerge from the collapse in air travel due to COVID-19, reported Reuters.

The number of vehicles sold worldwide by Toyota Motor Co. dropped 45.3 percent year-on-year in April to 472,703 units due to reduced economic activity during the coronavirus pandemic, the Japanese carmaker said on Thursday.

Many of Germany's federal states are due to further lift some of the restrictions on restaurants, cafes, hotels etc .Portugal's Prime Minister, Antonio Costa, recently said that the results of the first phase of easing the lockdown imposed because of COVID-19 had been positive,

COVID-19, outbreak means that 1.6 billion workers in the informal economy – that is nearly half of the global workforce – stand in immediate danger of having their livelihoods destroyed, warns the International Labour Organisation, ILO.

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