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Business : Page 4

1,770km of roads in UK classed poor with less than five years’ life remaining
UK roadMarch 25, 2020 ET
Indications last year of an improving condition for the UK’s road maintenance have not been sustained, with an average 16% drop in highway maintenance budgets.
Joint call for G20 to support maritime sector and global supply chains
Tanker shipMarch 25, 2020 ET
The International Chamber of Shipping (ICS) and the International Association of Ports and Harbours (IAPH) have joined forces to call on G20 leaders to act quickly to protect global supply chains from the impact of coronavirus.
Countries in Middle East, Central Asia ask IMF for coronavirus financial aid
Jihad AzourMarch 25, 2020 ET
The International Monetary Fund is considering providing financial support to countries in the Middle East and Central Asia, a dozen of whom have requested help as the coronavirus outbreak takes a toll on their economies reeling from the oil price crash, a fund official said Tuesday.
Prospective Nord Stream 2 pipe layer en route to South Africa
Academician CherskyMarch 24, 2020 ET
The Academician Chersky pipelaying vessel, indicated as a potential ship to complete the Nord Stream 2 pipeline construction, continues heading west.
Ethiopia to get $500 million from World Bank
EthiopiaMarch 24, 2020 ET
The Directors Board of the World Bank has reportedly approved $500 million in funding to Ethiopia.
Potholes in UK: Vehicles face £1.25bn repair bill
PotholeMarch 24, 2020 ET
Potholes in the UK caused damage totalling £1.25 billion to vehicles last year, according to new research from Kwik Fit.
Massachusetts Food Association requests temporary suspension of plastic bags ban
Massachusetts plastic bagsMarch 24, 2020 ET
The Massachusetts Food Association respectfully requests a temporary suspension of all local Massachusetts city and state ordinances that ban plastic bags to avoid the spread of the coronavirus.
Poland: Team to investigate the rise in prices of food and hygiene products
Tomasz ChróstnyMarch 24, 2020 ET
Tomasz Chróstny, President of the Office for Competition and Consumer Protection, made the decision to appoint a team that will investigate the rise in the prices of food and hygiene products in Poland.
World’s five largest banks see investment banking revenue slide to $26.1bn in 2019
JP MorganMarch 24, 2020 ET
Trade tensions, slow growth, and low-interest rates all left their mark on the world’s largest banks last year, affecting the investment banking revenue they racked up.
Distilleries offer hand sanitizer to fight coronavirus
DiageoMarch 24, 2020 ET
Breweries Anheuser-Busch, Diageo and certain distilleries across the world are producing and donating hand sanitizer to help fight the coronavirus or Covid-19 pandemic.
EC presents guidelines to ensure continuous flow of goods across EU via green lanes
Europe borderMarch 24, 2020 ET
The Commission issued new practical advice on how to implement its Guidelines for border management, in order to keep freight moving across the EU during the current pandemic.
Russian steel producers suspend alcohol tests amid coronavirus
Happy Russian workerMarch 24, 2020 ET
Reuters reported that dome of Russia’s biggest steel producers have suspended alcohol tests for employees because of the coronavirus outbreak.
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