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Business : Page 3

U.S. investors most pessimistic since February and March 2009
Stock exchangeMarch 26, 2020 ET
As the economic shock from the coronavirus pandemic upends Wall Street, U.S. investors are expressing the most pessimism about the direction of the stock market since February and March 2009, in the aftermath of the previous financial crisis.
Two-thirds of businesses willing to share their data with third-parties
MITMarch 26, 2020 ET
A new research program by MIT Technology Review Insights explores trends in global AI adoption and the potential for companies across industries to share data with each other in the future.
G20 to inject $5 trillion into global economy to fight coronavirus consequences
G20March 26, 2020 ET
The Group of Twenty (G20) will invest over $5 trillion into the global economy to overcome financial consequences of the coronavirus pandemic, leaders of G20 member-states say in a joint statement after the extraordinary summit.
Russian airlines losses from evacuation flights 6,433,474 per day
Vladimir TasunMarch 26, 2020 ET
The losses of Russian airlines from evacuation flights amount to at least 500 million rubles per day, President of the Association of Air Transport Users Vladimir Tasun said in a letter to First Deputy Prime Minister Andrei Belousov, published on Thursday.
Judge orders environmental review of Dakota Access pipeline
Dakota AccessMarch 26, 2020 ET
A federal judge on Wednesday ordered the U.S. Army Corps of Engineers to conduct a full environmental review of the Dakota Access pipeline, nearly three years after it began carrying oil.
Cargo shipping to keep EU antitrust exemption until 2024
Cargo shippingMarch 26, 2020 ET
Cargo shipping companies will be exempt from antitrust rules against anti-competitive agreements for a further four years until 2024 because this leads to lower prices and better consumer services, EU antitrust regulators said on Tuesday.
Germany allows Poland to participate in Nord Stream 2 consideration
BundesnetzagenturMarch 26, 2020 ET
German regulatory office for electricity, gas, telecommunications, post and railway market, Bundesnetzagentur has allowed Poland to participate in the consideration of the application to exclude Nord Stream 2 from the rules of the new EU Gas Directive.
Eight telcos to help EU track coronavirus
Thierry BretonMarch 25, 2020 ET
Vodafone, Deutsche Telekom, Orange, Telefonica, Telecom Italia, Telenor, Telia and A1 Telekom have agreed to share mobile phone location data with the European Commission to track the spread of the coronavirus, lobbying group GSMA said on Wednesday.
Server revenue grew 5.1% in Q4 2019, shipments increased 11.7%, Dell first
Dell EMCMarch 25, 2020 ET
The worldwide server market continued to grow in the fourth quarter of 2019 as revenue increased 5.1% and shipments grew 11.7% year over year, according to Gartner.
Turkey removes tariffs on ethyl alcohol imports
Ethyl alcoholMarch 25, 2020 ET
Turkey removed tariffs on ethyl alcohol imports amid coronavirus pandemic, announcing the decision in the Official Gazette on March 25.
Preparations commencing for Indonesia's new capital
Jakarta is crowdedMarch 25, 2020 ET
Work is now commencing in Indonesia to prepare for the construction of the country’s new capital city.
Airlines park grounded aircraft on airport runways, taxiways, maintenance hangars
Parked airplanesMarch 25, 2020 ET
Reuters has reported airport taxiways, maintenance hangars and runways are being transformed into parking lots for more than 2,500 airliners, as coronavirus has caused suspension and cancellation of flights, the news source said.
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