Jetstar launches sale of cheap flights to boost travel in Australia
Jun 18, 2020 23:51 pm UTC| Economy
Jetstar has launched 10,000 one-way fares for $19 (US$13) servicing 22 routes to jumpstart travel across Australia. The massive sale of cheap flights occurs when millions of Australians desperately miss interstate...
Wall Street using alternative data to determine consumer behavior
Jun 18, 2020 23:46 pm UTC| Economy Investing
Wall Street is monitoring peoples movement through airport security checkpoints, restaurant reservations, and gasoline demand as indicators of consumer behavior. This information is valuable as current economic reports...
US trade rep says other countries ganging up to 'screw America' over online sales tax
Jun 18, 2020 23:38 pm UTC| Economy Law
The US had abandoned negotiations overseen by the Paris-based Organisation for Economic Cooperation and Development (OECD) over online sales taxes due to other nations ganging up to screw America, says US Trade...
SsangYong not qualified to get support from pandemic-assistance fund
Jun 17, 2020 23:53 pm UTC| Economy
SsangYong Motor Co. is not qualified to get specialized support under a newly established market stabilization fund as its problems originated before the COVID-19 pandemic, says the Korea Development Bank. The new...
Busan vying as relocation site for Hong Kong financial firms
Jun 16, 2020 23:52 pm UTC| Economy
Busan hopes to host multinational banks, asset management companies, and venture capital firms leaving Hong Kong, The city government plans to hold an online investor roadshow in coordination with London-based...
Yemen eyes 25% oil output increase within months
Jun 16, 2020 19:01 pm UTC| Economy
Yemen aims to increase its crude oil production by 25 percent to 75,000 barrels per day in the coming months to recover from the drastically reduced output caused by the civil war. Yemen produced around 127,000 barrels...
Canadian firms rely heavily on bonds to get through crisis
Jun 16, 2020 15:53 pm UTC| Economy
Canadas corporate bond issuance between January and May soared 22.5 percent to $57.9 billion as companies rushed to the bond market to safeguard their finances during the pandemic. The bond issuance was at its heaviest...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects