Wednesday, August 12, 2020

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The Real Virus Number Determining If Cities Return to Lockdown

The Real Virus Number Determining If Cities Return to Lockdown

(Bloomberg) -- As countries across Asia Pacific struggle with resurgences of the coronavirus, one data point is steering government responses: the share of cases with...
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Airbus Restructures; IMF Sees Asia Pain Persisting: Virus Update

Airbus Restructures; IMF Sees Asia Pain Persisting: Virus Update

(Bloomberg) -- Airbus SE embarked on the most extensive restructuring in its history, setting out plans to cut 15,000 civil-aerospace jobs worldwide as it attempts to steer...
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U.S. Futures Drop, Bonds Up on Second-Wave Worries: Markets Wrap

U.S. Futures Drop, Bonds Up on Second-Wave Worries: Markets Wrap

(Bloomberg) -- U.S. futures retreated along with Asian shares and the dollar climbed against major peers as investors gauged the danger of a second wave...
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Virgin Australia Collapses as Virus Wipes Out Global Air Travel

Virgin Australia Collapses as Virus Wipes Out Global Air Travel

(Bloomberg) -- Virgin Australia Holdings Ltd. became Asia’s first airline to fall to the coronavirus after the outbreak deprived the debt-burdened company of almost all...
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Countries Weigh Reopening; Trump Defends Record: Virus Update

Virus Update: Countries Weigh Reopening; Trump Defends Record

(Bloomberg) -- Countries across the globe weighed the timing for easing restrictions, as the CDC said the outbreak has stabilized across the U.S. and other...
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FAB Bond issuance

FAB’s First GBP450mn Bond Is Also Largest-Ever Issuance From Region

First Abu Dhabi Bank (FAB) has issued bonds worth over AED 3 billion via two separate public issuances in three days, marking its first-ever...
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Global Debt-to-GDP Ratio Hit an All-Time High Last Year

(Bloomberg) --The global debt-to-GDP ratio hit an all-time high of 322% in the third quarter of last year, according to a report released Monday...
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Australia’s bushfires are getting worse. And climate change is to blame

(Bloomberg) --Wildfires were bearing down on rural communities along Australia’s east coast on Tuesday as authorities warned that strong winds and soaring temperatures would...
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This Iconic Tourist Site Is Closing Down

(Bloomberg Opinion) --In the hours before climbers were permanently barred from Uluru, the world-famous red sandstone monolith that rises from the heart of Australia,...
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Oman Australia seacable

New ‘Oman Australia Cable’ to be only express subsea link between Australia, EMEA

Australian technology entrepreneur Bevan Slattery’s SUB.CO on Thursday announced that Subcom (formerly known as TE Subcom) has been selected to build a new international...
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