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Tag: downturn
Coronavirus: China to launch new airline despite travel downturn
2020-06-15 06:47:40| BBC News | Business | UK Edition
While the airline industry struggles globally China Eastern Airlines unveils plans for a new carrier.
Tags: travel
china
launch
airline
Downturn to Accelerate Oil Industrys Digital Transformation, Experts Say
2020-06-12 11:30:00| OGI
Partners at Boston Consulting Group say it is critical for oil and gas companies to adopt new digital technologies for post-pandemic recovery.
Tags: digital
oil
experts
transformation
PATH FORWARD: Opportunes David Baggett on Survival Tactics for Oil Downturn
2020-05-26 11:30:00| OGI
David Baggett, founder and managing partner of Opportune, says oil and gas companies are focused on short-term survival and lowering costs, which can already be seen by massive capex cuts among producers and the historic plunge in rig counts.
Fed chairman Powell warns downturn 'may last until late 2021'
2020-05-17 23:33:27| BBC News | Business | UK Edition
Federal Reserve Chairman Jerome Powell said a full rebound may not be possible until a vaccine is made.
Tags: late
chairman
fed
powell
Coronavirus: WTO head steps down a year early as downturn looms
2020-05-15 04:13:29| BBC News | Business | UK Edition
Roberto Azevedo's exit comes as global trade is expected to slump to historic lows amid the pandemic.