International Archives — Page 10 of 59

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 African governments have...

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...

March 2, 2020 No Responses

Hyundai Appoints Jeong As Vice President Of Middle East and Africa

Hyundai Motor Company has announced the appointment of Bang Sun Jeong as their new Vice President of the Middle East and Africa region.Based at Dubai’s regional headquarters in the United Arab Emirates, Jeong will oversee the day-to-day operations and will.....

February 24, 2020 No Responses

Gambling Affiliates Lose 70% In Stock Market Value

Data gathered and calculated by GoldenCasinoNews.com indicates that the top five gambling affiliate companies have lost 70% in stock market value over the last two years.The affected affiliates include Gaming Innovation Group, whose value has declined by -87.7...

February 24, 2020 No Responses

Mercedes Steering Wheel To Be Outlawed

Formula One’s governing body has moved to ban for 2021 an ingenious new Mercedes steering wheel that has been the talk of pre-season testing and could boost Lewis Hamilton’s chances of a record-equalling seventh title.Race director Michael Masi poi...

February 14, 2020 No Responses

APM Terminals Seeks Construction Permit

APM Terminals Poti, part of Dutch terminal operator APM Terminals, has re-initiated the process of obtaining the necessary permits to build a new deep-water multipurpose port in Poti.On February 11, 2020, APM Terminals submitted an application to the Technical...