CDC extends ban on cruises

The FINANCIAL — On July 16, 2020, CDC extended the No Sail Order and Suspension of Further Embarkation. This order renews the No Sail Order and Other Measures Related to Operations signed by the CDC Director on March 14, 2020, as further modified

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Bank of America’s Q2 profit plunged over 50%

The FINANCIAL — Bank of America reported its second-quarter 2020 financial results today. “It is the most tumultuous period since the Great Depression for Bank of America”, says its CEO Brian Moynihan. The fall in revenue and profit was broadly in line with other

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American Airlines and JetBlue announced partnership

The FINANCIAL — JetBlue Airways Corp. and American Airlines Group Inc. today announced a strategic partnership that will create seamless connectivity for travelers in the Northeast and more choice for customers across their complementary domestic and international networks. Customers will experience a number

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New textile factory in Georgia will create 3000 jobs

The FINANCIAL — Minister of Economy and Sustainable Development Natia Turnava participated in the ground-breaking ceremony of the Kartli Textile, which is a subsidiary of the Adjara Textile. Prime Minister of Georgia, Giorgi Gakharia, as well as the members of the Government and the

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Economy Minister of Georgia met tourism sector

The FINANCIAL — Minister of Economy and Sustainable Development Natia Turnava held a meeting with the representatives of the tourism sector and discussed the problems emerged due to the corona virus pandemic as well as the possible solutions. The representatives of the hotels,

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FDA warns about toxic hand sanitizers

The FINANCIAL — FDA is warning consumers and health care providers that the agency has seen a sharp increase in hand sanitizer products that are labeled to contain ethanol (also known as ethyl alcohol) but that have tested positive for methanol contamination. Methanol,

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