Thursday, April 09, 2020
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Economic

Japan is committing nearly $1 trillion to try to protect its economy from the fallout from the coronavirus pandemic.

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Economic

Oil prices skidded on Monday after negotiations between Saudi Arabia and Russia to cut output were delayed, keeping oversupply concerns alive, while stocks jumped as investors were encouraged by a slowdown in coronavirus-related deaths and new cases.

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Economic

Saudi Arabia said on Friday that it was not in talks with Russia to stablise crude prices despite overtures from Moscow and rising pressure from Washington to call a truce in an oil price war.

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Economic

Tororo and Mbale Central Markets have continued to operate normally despite the directives by President Yoweri Kaguta Museveni on controlling public gatherings to control the spread of the Coronavirus (COVID -19) pandemic.

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Economic

Seventy percent of people in Canada, France, Germany, Italy, Japan, the United Kingdom and the United States expect their household to lose income due to the coronavirus outbreak, according to a survey on Wednesday.

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Economic

Market vendors in Kampala are embracing online services to deliver foodstuffs to their customers because of the travel restrictions because of COVID19.

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Economic

United States senators and Trump administration officials have reached an agreement on a significant economic stimulus bill to alleviate the economic effect of the coronavirus pandemic, White House official Eric Ueland has said.

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Economic

British Airways is expected to announce it will suspend around 36,000 staff after reaching a broad agreement with the Unite union.

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Economic

Sportswear firm Nike has seen online sales rise by more than 30% in China as it rides out its coronavirus store shutdowns.

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Economic

Following the president’s directives to fight the Corona virus pandemic, fishing activities in Kahendero landing site in Kasese district have today been paralyzed, leaving people stranded.

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