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Search Result for “losses”

Showing 1 - 5 of 5

BUSINESS

IEA sees record 2020 oil demand fall due to coronavirus

AFP, Published on 15/04/2020

» PARIS: Global oil demand will fall by a record amount this year as lockdown measures imposed to curb the coronavirus outbreak bring the economy to a virtual halt, the International Energy Agency (IEA) said Wednesday.

THAILAND

Forex-3D fraud suspect arrested

King-oua Laohong, Published on 15/04/2020

» Another suspect has been arrested in the Forex-3D Ponzi scheme, which lured thousands of people to invest in what they believed to be foreign exchange trading with false promises of high returns.

WORLD

New Zealand PM takes pay cut as virus hits economy

AFP, Published on 15/04/2020

» WELLINGTON - New Zealand Prime Minister Jacinda Ardern announced Wednesday she will take a 20 percent pay cut in a symbolic act of solidarity with people struggling financially during the coronavirus pandemic.

BUSINESS

TBA puts losses from coronavirus at B1.3tn

Business, Somruedi Banchongduang, Published on 15/04/2020

» The economy could suffer a record blow of 1.3 trillion baht in damage from the spiralling spread of the coronavirus, according to preliminary estimates by the Thai Bankers' Association (TBA).

BUSINESS

Fuel retailers abandon plans as virus cripples demand

Business, Yuthana Praiwan, Published on 15/04/2020

» Major fuel retailers are adjusting operations in response to plummeting demand and prices caused in part by the pandemic.