International Archives — Page 9 of 58

May 11, 2020 No Responses

Mazda Seeks $2.8b Loans

Mazda Motor Corporation has sought loans totalling about 300 billion yen ($2.8 billion) from Japan’s three megabanks and other lenders to ride out the coronavirus epidemic, a source with direct knowledge of the matter said on Saturday.The megabanks – Mitsubishi UFJ...

May 7, 2020 No Responses

UNECA: Africa Will Lose $65b To Full Lockdown

Mr Stephen Karingi, Director, Regional Trade and Integration, United Nations Economic Commission for Africa (UNECA), says African economy will lose 65 billion dollars if there is a full lockdown of the continent due to COVID-19.Karingi said this during the Wor...

May 5, 2020 No Responses

UK Overtakes Italy As Worst-Hit Country In Europe

Britain has overtaken Italy as the worst-hit country in Europe by the novel coronavirus, according to the latest official figures released on Tuesday. Chairing Tuesday’s Downing Street press briefing, Foreign Secretary, Dominic Raab, said another 693 COVID-1...

April 30, 2020 No Responses

Terminal Development Suspended As COVID-19 Persist

The Port of Seattle has delayed the development of the proposed Terminal 46 cruise terminal as it needs to investigate the impact of the coronavirus pandemic on the market before proceeding. The cruise industry has been severely impacted by the...

April 27, 2020 No Responses

World’s Largest Containership Begins Maiden Voyage

The 24,000 TEU HMM Algeciras, the world’s largest containership, has headed out to sea on its maiden voyage. The ship left Geoje, Korea following its naming ceremony on April 23 setting sail for China. It departed from the port of...

April 27, 2020 No Responses

Nigeria Probes Alleged Abuse Of Nigerians In China

The Nigerian Government has launched an investigations into the alleged abuse and maltreatment of Nigerians in China since the outbreak of the dreaded Coronavirus (Covid-19) pandemic.There have been a wave of outcry over the alleged attacks and abuse of Nigeri...

April 23, 2020 No Responses

Top Gear Names Kona Electric Best Small Family Car

Kona Electric has been acknowledged as the Best Small Family Car in the inaugural TopGear Electric Awards, after it completed a 1,600-kilometers road trip across 9 European countries. A statement explained that Hyundai Motor’s fully electric SUV was no...

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 stadiu...

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.....