IMF head says economic recovery unlikely next year

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Source: Dukascopy Bank SA
On Monday, the International Monetary Fund's chief stated it was unlikely for the global economy to recover in 2021 after the damaging effect the coronavirus outbreak had on the world.
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Mon, 18 May 2020 18:40:29 GMT

US car industry starts recovering after lockdown

The US auto industry is slowly recovering after the lockdowns caused by the COVID-19 outbreak with some of car assembly factories reopening and suppliers ready to back the sector that employs about 1M people.

Mon, 18 May 2020 16:47:01 GMT

Accor secures €560M credit line

France's hotel group Accor, the owner of Ibis and Sofitel, secured a new €560M banking credit facility, after being hit hard during the coronavirus crisis.

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