Stock markets mixed after Wall Street slides

The FINANCIAL — Global stock markets were mixed Monday after the fact that Wall Street turned in its biggest weekly decline in more than two months. London and Frankfurt opened higher. U.S. futures were lower. Benchmarks in Shanghai, Tokyo and Hong Kong retreated

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5 mins read

Significant increase in the number of flights

The FINANCIAL — Air travel demand in Europe is recovering from COVID-19 impact. Business aviation recovering faster than other segments and now only 9% below 2019 levels. Also, all-cargo flights are 4% above 2019 levels. Ryanair, announced it has restored over 60% of normal flight

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6 mins read

Gold price hit record high since 2011

Gold hit its highest price for the first time in 9 years. After a 18% surge in 2019, gold prices have moved sharply higher this year. The positive trend in the gold spot prices is chiefly due to the escalation in the geopolitical

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5 mins read

AIIB approved EUR45 million loan to Georgia

The FINANCIAL — The Asian Infrastructure Investment Bank approved EUR45 million loan to Georgia to mitigate the impacts of the novel coronavirus. The loan provides emergency budgetary support to enable the Government of Georgia to respond to the pandemic more effectively. The financing will enhance inclusive growth

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4 mins read