International Archives — Page 10 of 59

April 22, 2020 No Responses

European Football Leagues to Lose €4.1bn Amid Coronavirus Pandemic

The coronavirus lockdown has already left a huge impact on the sports industry, causing thousands of sports games, competitions and professional leagues to be cancelled or postponed. European football is no exception, with cancelled matches, empty stadiums and end-of-season battles...

April 16, 2020 No Responses

ITU Unveils ‘G5 Benchmark’

The International Telecommunication Union (ITU) has launched the 2020 Global ICT Regulatory Outlook which includes the Benchmark of Fifth Generation Collaborative Regulation, a new tool for policy-makers and regulators to leverage digital transformation for...

April 16, 2020 No Responses

Volkswagen Cuts 2020 Forecast As Turnover Drop By $60b In Q1

Germany’s Volkswagen (VW) on Thursday said it would not meet its 2020 forecasts, after the group saw turnover fall to 55 billion euros (or 60 billion dollars) in the first quarter, down from 60 billion euros a year ago. According...

April 14, 2020 No Responses

Report: Worldwide 5G Connections To Hit 2.7b By 2025

Data compiled by Finbold.com has revealed that in the next five years global 5G connections will be 2.7 billion.According to the data, this will be a growth of at least 20 times from this year’s 120 million connections.The report projected...

April 14, 2020 No Responses

IMF Projects Recession For Sub-Saharan Africa In 2020

Sub-Saharan Africa’s gross domestic product is expected to contract 1.6 per cent this year, compared with 3.1 per cent growth in 2019, as the coronavirus pandemic wrecks the region’s economies, the International Monetary Fund said on Tuesday.Various Africa...

April 3, 2020 No Responses

CMA CGM Crew Member Tests Negative For Coronavirus

The crew member on board the giant containership CMA CGM Marco Polo has tested negative for the coronavirus, the French liner company informed citing results from Spanish sanitation authorities.The affected seafarer was put in isolation on board the ship after...

April 2, 2020 No Responses

Coronavirus: Kenya Frees 4,800 Prisoners

Kenya’s Judiciary said on Thursday it has released 4,800 prisoners, who are serving sentences for petty offences to help contain the spread of the novel coronavirus in the country.David Maraga, Chief Justice, said the prisoners, who were serving jail terms.....

March 31, 2020 No Responses

Auto Sector Faces Biggest Crisis In 13 Years

The automotive sector is facing its biggest challenge since the 2007-2009 financial crisis with 97% of light vehicle (LV) manufacturing plants in Europe and North America temporarily shut down.Already, key players in the sector are negotiating financial life l...

March 20, 2020 No Responses

IOSCO Staff Tests Positive For Covid-19

The IOSCO General Secretariat on Friday confirms that a member of its staff at its headquarters in Madrid has tested positive for Covid-19.IOSCO explained that the individual is receiving medical treatment and “we wish our colleague a quick and full...

March 18, 2020 No Responses

New Kia Sorento Displays Strength, More Innovations

The new Kia Sorento was revealed for the first time on Wednesday. Powerful, progressive and versatile, the fourth generation of Kia Motors Corporation’s flagship SUV is designed and engineered to take on everything life throws at it. Raising standards i...

March 18, 2020 No Responses

Ecobank Transnational Incorporated Rejigs Board

Ecobank Transnational Incorporated, ETI, the Lomé-based parent company of the Ecobank Group, has announced two new appointments and changes on its Board of Directors.A statement issued by Group Head, Corporate Communications Ecobank Transnational Incorporated...

March 9, 2020 No Responses

Banks Brace For Coronavirus

Many of the City of London’s biggest institutions are taking steps to combat the spread of the coronavirus. On Monday many of JPMorgan’s UK-based staff are being temporarily moved to a different office. They’re not alone. Goldman Sachs last w...

March 3, 2020 No Responses

Toyota Explains $1.2b New Plant

Despite onging ravaging effect of Coronavirus, Japanese automaker Toyota plans to build a new electric vehicle plant in the Chinese city of Tianjin with its local partner FAW Group.The joint venture between Toyota and FAW plans to invest around 8.5...

March 3, 2020 No Responses

Coronavirus: Emirates Airline Asks Staff To Proceed On One Month Unpaid Leave

Major international airline, Emirates, is asking staff to take unpaid leave for up to a month at a time due to the rapidly spreading coronavirus that has led to flight cancellations around the world.Emirates has cancelled flights to Iran, Bahrain...