The global tourism industry could lose 120 million jobs due to the COVID-19 coronavirus pandemic. This was stated in a video message by UN General Secretary Antonio Guterres.
According to him, tourism has become one of the sectors most affected by the pandemic, and no country has been unaffected by the sharp decline in international travel.
“About 120 million jobs worldwide are at risk, many of them in the informal sector and small businesses. The sharp drop in export revenues related to tourism could reduce global GDP by 2.8%. At the same time, the most difficult situation is among the most vulnerable groups and countries, “he said.
Guterres believes that it is very important to restructure the tourism sector so that it becomes safe and able to regain its position as a source of jobs and stable incomes.
The American oil and gas giant Exxon Mobil had one of the worst years in its history. Exxon shares have fallen by 45.36% since the beginning of 2020. The company has lost money for three quarters in a row, and in August they were excluded from the benchmark index of “blue chips” Dow Jones Industrial […]
By the end of this year, the German airline Lufthansa intends to reduce its foreign staff by 20 thousand people, as well as sell its LSG division, which deals with on-board catering, which employs 7.5 thousand people. Lufthansa subsidiaries Eurowings, Swiss, Austrian and Brussels Airlines are reducing the frequency of flights, fleets and staff amid […]
Johnson & Johnson plans to complete the third phase of trials of its single-dose vaccine against COVID-19 in mid-January 2021. Paul Stoffels, vice chairman of the executive committee, senior scientific expert at Johnson & Johnson said they plan to deliver to market 1 billion doses. “We are in the middle of the third phase of […]
The American company Pfizer and the German BioNTech have applied to the European Medicines Agency for registration of their coronavirus vaccine. The announcement was published on the BioNTech website. “On Monday, November 30, Pfizer and BioNTech filed a formal application with the European Medicines Agency for a conditional authorization to use their COVID-19 candidate vaccine […]
The National Bank did not go out this week with interventions on the interbank market, according to the press service of the regulator on Friday, November 27. The Central Bank has been refusing to buy or sell currency for three weeks in a row. At the same time, since the beginning of the year, the […]
Last week, from November 16 to 22, more than 4 million people in the world became infected with the new type of coronavirus, which is a record number since the beginning of the pandemic. This was announced on Tuesday, November 24, the press service of the World Health Organization. According to the WHO, in these […]
With the appearance of an effective vaccine against coronavirus and the subsequent recovery of the world economy, the US dollar may fall by 20%. This was reported by the Financial Times. It is noted that banks, which already had negative forecasts for the dollar next year, deteriorated expectations against the background of the emergence of […]
If coronavirus vaccines become widely available and help restore international trade and economic growth, the dollar is likely to fall by 20% in 2021. Bloomberg reports that this forecast was made by Citigroup Bank. If the forecast comes true, it will be a record drop since 1985, when the DXY index fell by 18.5% over […]
As part of the fight against the illegal fuel market, the State Fiscal Service liquidated 10 illegal productions of fuels and lubricants. The head of the State Fiscal Service Vadym Melnyk told about this in an interview with NV Business. According to him, during January-March, SFS officers seized 35.6 thousand tons of illegally produced fuel […]Next
The downturn in Ukraine’s economy in the first four months of 2021 slowed to 0.2%, according to a preliminary estimate by the Ministry of Economy. “The Ministry of Economy estimates a slight reduction in GDP at 0.2% (down 2% in the first quarter of 2021 by 4.9% over the four months of 2020),” the statement […]Next
Visa signs partnership agreement with FTSE250 TBC Bank’s Space, the first Georgian neobank, to develop innovative banking solutions in Georgia and beyond in the growing digital payments landscape. TBILISI, 14 November 2019 – Visa, the world’s leader in digital payments, and Space, the first fully digital bank in Georgia, today announced they have signed a […]Next
Boeing has identified the need to refine the 787 Dreamliner aircraft, which are awaiting delivery to customers – it will take some time. This is stated in the company’s quarterly report. Production of the Boeing 787 will be less than five units per month for some time and will gradually return to a monthly level […]Next
On Monday, December 7, Uber and startup Aurora Technologies announced an agreement under which Aurora will take over Uber’s Advanced Technologies Group, which has been developing self-governing cars. Under the terms of the agreement, Uber will receive $ 400 million, 26% of Aurora shares, and the general director of the taxi service, Dara Khosrowshahi, will […]Next
Recently, a federal court of the USA has received several class lawsuits where the world’s most popular social networking site Facebook is a defendant. The plaintiffs in the case are large investors of Facebook. The global network Facebook is accused by investors that it has not notified them of the risks and concerns that relate […]Next
According to the CEO of Astarta, Victor Ivanchik, the investment plan has already been approved. The money also will be spent on the modernization of agricultural production and technology, modernization of sugar factories. The total investment of agricultural holding Astarta for 2016 remains at the level of 2015 and amounts to € 24 million, 60% […]Next
ComboApp Company, which is engaged in the marketing and PR of mobile applications, recently completely closed the Kiev office. It was closed by consulting direction ComboApp, according to the editorial board, about 40 people worked in Kiev. In Odessa continues the GoWide direction. ComboApp’s founder Vadim Chernega confirmed the company’s downsizing, adding that this decision […]Next
Automaker Lamborghini has recreated the very first copy of the famous Countach supercar, built in 1971. The project is dedicated to the 50th anniversary of Countach. This was reported by the press service of Lamborghini. “The Lamborghini Countach LP500 debuted at the Geneva Motor Show in March 1971 and marked a new era not only […]Next
Apple Inc. for the first time in 2016 ranked first in the list of most valuable brands in the world. Brand Finance analysts estimated the company at $ 263.4 billion. Amazon ($ 254.2 billion) is second in the annual Brand Finance Global 500 ranking, followed by Google ($ 191.2 billion). The top ten most expensive […]Next
By the information of Interfax-Ukraine, the state Oschadbank and the European Bank for Reconstruction and Development have signed the memorandum of the association about corporate management state bank support on the 25th of November 2016. The parties also have concluded the memorandum about supporting of 50 million euros due to a trade financing program. As […]Next
Union of the two big companies will create a major new giant in the consumer sector in the USA. According to analysts, the company will receive an annual income for more than $ 16 billion. The public learned about the unification of the companies at the beginning of December 2015. Newell Rubbermaid owns the brand […]Next
French oil and gas company Total and Google Cloud developed technology based on artificial intelligence to assess the potential use of the solar energy in homes. This is stated in the message of the Total. “Total and Google Cloud pooled their expertise to jointly develop innovative tools of the Solar Mapper, which aims to accelerate […]Next
In March this year, the United States imported oil and petroleum products from Iran totaling 1.03 million barrels. This is evidenced by data from the US Department of Energy’s Energy Information Administration (EIA). This delivery was the second since 1991, when the United States stopped importing Iranian oil. According to the EIA, another supply of […]Next
The American company Pfizer, which developed in partnership with the German BioNTech vaccine against coronavirus COVID-19, expects revenue from sales of this drug in 2021 for $ 15 billion. This year the company hopes to produce 2 billion doses of coronavirus vaccine. The drug is expected to generate a quarter of Pfizer’s total revenue, which […]Next
Antimonopoly Committee of Ukraine allowed the company Uniline finance to gain control of six agricultural companies in Dnipropetrivsk and Zaporizhzha regions. Based on the received permission, the company Uniline finance Ltd. (British Virgin Islands) is going to acquire more than 50% of the shares of Astev Investment Company (Cyprus). According to the AMCU, the online […]Next