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Guardians of global economy come up short in virus battle

Bloomberg The guardians of the global economy came up short. Facing what the International Monetary Fund (IMF) says is a crisis like no other, policy makers from leading economies agreed this past week on a set of initiatives to help emerging markets and poor nations weather the coronavirus shock, including a path-breaking halt on debt payments. But critics faulted the ...

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GoAir asks 90% of its staff to go on leave without pay

Bloomberg Go Airlines India Ltd. has asked as many as 90% of its 5,500 employees to go on indefinite leave without pay, as a government ban on flights amid a coronavirus lockdown dries up cash flow for the budget airline, people with knowledge of the matter said. The airline, the second biggest customer for Airbus SE in one of the ...

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Etihad to provide meals for people affected by Covid-19

Abu Dhabi / Emirates Business Etihad Airport Services Catering (EAS Catering) has been commissioned by various government entities, business organisations and community centres, to prepare and provide meals to individuals impacted by the global spread of Covid-19. The facility has been selected to support these initiatives due to its stringent food handling procedures. One of the only food facilities to ...

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