[ad_1] JOHANNESBURG/ADDIS ABABA (Reuters) – About 20 million jobs are at risk in Africa as the continent’s economies are projected to shrink this year due to the impact of the coronavirus pandemic, according an African
BoE won’t print money to fund UK fight against coronavirus: Bailey
[ad_1] LONDON (Reuters) – The Bank of England will not resort to irreversibly printing money in order to fund a surge in government spending as it tries to shield Britain’s economy from the coronavirus crisis,
UAE’s top banks reveal exposure to troubled hospital group NMC Health
[ad_1] DUBAI (Reuters) – UAE’s top banks including Emirates NBD and Dubai Islamic Bank on Sunday disclosed hundreds of millions of dollars of exposure to hospital group NMC Health, which a lender has asked a
Fed’s Bullard says another coronavirus economic relief bill may not be needed
[ad_1] WASHINGTON (Reuters) – A top official at the U.S. Federal Reserve said on Sunday the $2.3 trillion economic relief bill approved by Congress was appropriately sized and that a further relief effort may not
South Africa’s arms firm Denel to produce ventilators in coronavirus fight
[ad_1] JOHANNESBURG (Reuters) – South Africa’s Denel will design and develop medical ventilators in partnership with other state-owned entities, research bodies and medical technology companies to help treat coronavirus patients, the state arms and technology
Wall Steet Week Ahead: Investors look to coronavirus data to support stabilizing markets
[ad_1] NEW YORK (Reuters) – Investors are parsing a broad range of signals, from infection counts to more traditional indicators, for clues on the trajectory markets may take in coming weeks as the pandemic caused
As coronavirus hits tourism, Wizz Air finds new role
[ad_1] Wizz Air Airbus A320-232 plane HA-LWE taxies to take-off in Riga International Airport in Riga, Latvia January 17, 2020. REUTERS/Ints Kalnins/File Photo BUDAPEST (Reuters) – Hungarian low-cost airline Wizz Air is repatriating citizens and
UAE central bank boosts anti-coronavirus stimulus to $70 billion
[ad_1] DUBAI (Reuters) – The United Arab Emirates’ central bank announced new measures to guarantee liquidity in the banking system in the face of the new coronavirus outbreak, boosting its stimulus to a total of
Israeli high-tech firms raised record first quarter funds before hit from coronavirus
[ad_1] TEL AVIV (Reuters) – Israeli private high-tech companies raised a record $2.74 billion in the first quarter but deals began falling apart in March due to the coronavirus outbreak, the Israel Venture Capital Research
India curbs diagnostic testing kit exports as virus spreads
[ad_1] NEW DELHI/DHAKA (Reuters) – India is restricting the export of most diagnostic testing kits, as coronavirus cases in the South Asian nation topped 3,350 on Sunday despite a three-week nationwide lockdown to slow the