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Business : Page 4

IATA proposes an alternative to arrivals quarantine
Air FranceJune 27, 2020 ET
The International Air Transport Association (IATA) has issued a statement urging governments to avoid introducing quarantine measures when re-opening their air services and national economies.
North American rig count falls to record low again
Oil rigJune 26, 2020 ET
U.S. and Canadian energy firms cut the number of oil and natural gas rigs operating to a record low again this week.
EIB finances the largest solar project in Andalusia
Andalusia solar projectJune 26, 2020 ET
The European Investment Bank (EIB) is investing €43.5 million to finance the largest solar project in Andalusia and one of the most powerful in Spain.
EIB finances two wind farms in Austria
European Investment BankJune 26, 2020 ET
The European Investment Bank (EIB) is providing €63 million of finance for the construction and operation of two new wind farms in Austria (Prinzendorf III and Powi V) of Windkraft Simonsfeld with a total capacity of approximately 43.6 MW.
Uzbekistan secures 500 million USD loan to fight coronavirus
Uzbekistan streetJune 26, 2020 ET
Asian Development Bank (ADB) has approved a 500 million U.S. dollar budget support loan to help Uzbekistan mitigate the adverse health and economic impacts of the coronavirus pandemic, Uzbek Finance Ministry said.
California approves first rules forcing auto makers to sell more electric trucks
California electric truckJune 26, 2020 ET
The California Air Resources Board adopted a firs rule requiring truck manufacturers to transition from diesel trucks and vans to electric zero-emission trucks beginning in 2024.
More than $38 billion in loans for small firms canceled in U.S.
Small businessesJune 25, 2020 ET
About $38.5 billion in coronavirus relief loans for small businesses were canceled as of the end of May.
Zimbabwe fuel prices shoot up 150 percent
Zimbabwe gas stationsJune 25, 2020 ET
Zimbabwe gas stationThe Zimbabwe Energy Regulatory Authority increased the pump prices of fuel about 150 percent.
Number of exporting enterprises fell in Canada big time
Canada factoryJune 25, 2020 ET
The number of exporting enterprises fell by 24.8% to 16,513 in April on a year-over-year basis, as the decline observed in recent months continued to accelerate.
Japan business body voices concern over U.S. work visa policy
Hiroaki NakanishiJune 25, 2020 ET
The head of Japan\'s largest business body expressed concern over the United States\' decision to halt the issuance of certain work visas this year that temporarily blocks some foreign workers from working in the United States.
Singapore finalizes 5G network operators in building up infrastructure
SingaporeJune 25, 2020 ET
The Infocomm Media Development Authority (IMDA) of Singapore announced the country\'s 5G network operators in building up a secure and resilient 5G infrastructure.
Pakistan receives $1 billion in loans to fight pandemic from ADB
Pakistan streetJune 24, 2020 ET
Pakistan received $1 billion loans to prop up its struggling economy that has taken a hit from coronavirus restrictions, the central bank announced.
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