Airlines are on course to lose a total $157 billion this year and next, their main global body warned on Tuesday, further downgrading its industry outlook in response to a second wave of coronavirus infections and shutdowns afflicting major markets.
Airlines are on course to lose a total $157 billion this year and next, their main global body warned on Tuesday, further downgrading its industry outlook in response to a second wave of coronavirus infections and shutdowns afflicting major markets.
* Ifo sentiment index falls for second month in a row. * Renewed lockdown measures hit service sector. German business morale fell for the second month in a row in November, suggesting that Europe's largest economy will shrink in the fourth quarter due to curbs to slow a second wave of coronavirus infections, the Ifo institute said on Tuesday.
Sentiment in the French manufacturing sector fell in November amid lockdown restrictions. Figures from the French national statistics agency's monthly survey on Tuesday showed manufacturing sentiment fell to 92 in November compared with a revised figure of 94 for October. The reading is in line with economists' consensus forecast of 92 in a survey conducted by The Wall Street Journal.
The mining industry is making progress on the introduction of a zero carbon truck fleet by 2040, bringing in new partners as it strives to drive down emissions, the head of the International Council on Mining & Metals said on Tuesday.
- BoxVn begins full electric fleet trials - BoxVn proud members of key Low Carbon Vehicle Partnership - BoxVn outlines Sustainability strategy called BoxVn Eco - BoxVn welcomes Governments Ten Point Green Revolution plan LONDON, Nov. 23, 2020 -- BoxVn Limited, an emerging leader in the fast-growing Driver and Light Commercial Vehicle supply segment of the logistics industry, is pleased to ...
The energy sector drove Canada's main stock index higher on Monday, as more signs of progress in developing a COVID-19 vaccine bolstered hopes of an economic revival and lifted oil prices.
The Equipment Leasing and Finance Associations Monthly Leasing and Finance Index, which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new business volume for October was $9.2 billion, down 9 percent year-over-year from new business volume in October 2019.
The European economy appears set for a fresh contraction in the final quarter of 2020, as business surveys indicate that lockdowns aimed at containing the coronavirus have led to a sharp decline in activity in the dominant services sector. The new lockdowns mostly came into force in the final week of October. Although narrower than those introduced in the spring, the new measures appear to have hit those services that require close physical proximity almost as hard, while...
* Sunak to announce one-year spending plan on Wednesday. * More funding coming for public services. * Says now is not the time to rein in borrowing. * Expected to announce freeze on public sector pay. By William Schomberg and Paul Sandle.
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