Expectations for infrastructure investment plummet globally, as COVID-19 outbreak shakes confidence
According to a new survey taken before and after the pandemic, a lack of infrastructure investment driving pessimism around a post-virus economic recovery
Port of Long Beach’s Cordero says port coping with “unprecedented crisis”
Port of Long Beach Executive Director Mario Cordero says: “We are coping with an unpredicted crisis caused by COVID-19 virus and the threats it poses…
BA suspending Gatwick flights broadens European shutdown
British Airways suspended operations at its second London hub at Gatwick airport as the airline industry enters deep hibernation to weather the impact of the…
South African gold shipments to London were disrupted
A South African refinery said gold shipments to London have been disrupted because of a lack of commercial flights, adding to the turmoil that’s upending…
Not made in China is global tech’s next big trend
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Dubai moves to shield prized Emirates Airline from virus fallout
Dubai will grant financial aid to Emirates in order to shield its most valuable asset from the coronavirus fallout, which has forced airlines around the…
FIS Air Freight Report March 30, 2020
Prices continue a substantial surge from Shanghai, lifting both basket routes up. China to USA now at $5.72 (up 12.6%) and China to Europe up…
Trump and Putin are all talk on oil price plunge
No amount of bullying or half-hearted diplomacy can stop the plunge in oil demand — and prices — brought on by coronavirus lockdowns worldwide.
Airlines in Philippines seek credit aid as they fight to survive
Airlines in the Philippines are asking for credit relief and a longer reprieve from fees, saying government intervention is needed as the industry faces an…
Oil heads for worst quarter ever as real crude prices plunge
Oil clawed back some losses as Chinese manufacturing data beat expectations, but futures were still heading for the worst quarter on record as the physical…
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