Monday , 20 April 2026

Recent Posts

Air Mauritius is running out of options, say administrators

Bloomberg Air Mauritius administrators are running out of time to save the airline as recurrent expenses pile up, costs of servicing leases for new aircraft accumulate and unions fail to give constructive proposals on job cuts. By the end of March 2021, cumulative losses could reach 9 billion rupees ($225 million) if costs are not cut in the short term, …

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Hong Kong retail slump continued in April

Bloomberg Hong Kong’s retail activity extended a decline in April as the coronavirus pandemic continued to constrain global travel. The city’s retail sales by value fell 36.1% from year-ago levels to HK$24.1 billion ($3.1 billion), for a 15th consecutive monthly decline, according to a government release. That’s ahead of the median economists’ forecast for a 40% slump, according to data …

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Stocks in Europe, Asia rise as futures edge higher; oil gains

Bloomberg Stocks rose in Europe and Asia and US equity futures edged higher as investors weighed positive signs on stimulus and the global economy against worsening social unrest in America. Oil advanced. The Stoxx Europe 600 Index opened in the green, with the DAX pacing gains as German Chancellor Angela Merkel seeks to thrash out a deal on a second …

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