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Topic

lockdowns in Europe

Portugal's first-quarter tourist arrivals slump 92pc amid COVID curbs

Portugal's first-quarter tourist arrivals slump 92pc amid COVID curbs

Published 30 Apr, 2021 04:58pm
  • Earlier on Friday, the statistics office showed Portugal's tourism-dependent economy contracted 3.3% in the first quarter from the preceding three months.
  • Overnight stays by Britons, one of the country's biggest foreign markets, fell 94% from a year ago, the INE said.
Pandemic upsurge hits Europe recovery hopes

Pandemic upsurge hits Europe recovery hopes

Updated 28 Mar, 2021 05:32pm
  • Credit insurer Euler Hermes estimates that the EU is now seven weeks adrift of its target to have 70 percent of the population vaccinated by the end of the summer, compared with five weeks in February.
Aussie, kiwi down

Aussie, kiwi down

Published 25 Mar, 2021 05:08am
SYDNEY: The Australian and New Zealand dollars nursed painful losses on Wednesday as investors abandoned bets on...
Oil extend losses amid gloomy demand outlook

Oil extend losses amid gloomy demand outlook

Published 19 Mar, 2021 11:15am
  • In other parts of the world, Brazil registered its second deadliest day in its COVID-19 pandemic, with 2,724 deaths, while India on Friday reported its highest daily increase of new COVID-19 cases in more than three months.
Diesel storage in Scandinavian caverns unwinding

Diesel storage in Scandinavian caverns unwinding

Updated 09 Mar, 2021 09:33pm
  • This compares with 180,000 tonnes of diesel/gasoil that arrived over the whole of 2019 into the same ports.
  • About 80% of these arrivals originated from ports in Russia, they said.
Lockdown still needed in Denmark to combat new virus variant

Lockdown still needed in Denmark to combat new virus variant

Published 05 Feb, 2021 09:01pm
  • Denmark instituted hard lockdown measures in December after seeing infections rise exponentially and in particular to curb the spread of the new B.1.1.7. variant, first identified in Britain.
  • We are down to some very low infection rates and if it were not for the darned B.1.1.7., we would be able to relax.
German minister warns against relaxing COVID-19 measures too soon

German minister warns against relaxing COVID-19 measures too soon

Published 22 Jan, 2021 04:15pm
  • Spahn told a news conference that new, more transmissible strains of the virus made it imperative to reduce case numbers further.
  • Germany, in lockdown since early November, reported over 800 deaths and almost 18,000 new infections on Friday.
Europe Inc earnings seen jumping 44pc in Q1 despite lockdowns

Europe Inc earnings seen jumping 44pc in Q1 despite lockdowns

Published 19 Jan, 2021 09:07pm
  • Estimates for the first quarter -- relating to companies listed on the STOXX 600 equity benchmark -- slightly increased compared to last week.
  • For the fourth quarter of 2020, analysts expect a 26.2% drop in earnings, largely unchanged from last week.
Yen gains, euro squeezed as recovery doubts creep in

Yen gains, euro squeezed as recovery doubts creep in

Published 18 Jan, 2021 10:55am
  • Elsewhere, the Canadian dollar slipped 0.2% after reports that Joe Biden plans to soon rescind permission for the Keystone XL pipeline, a project which would link oil sands in Alberta to refineries in Texas.
Swiss boost coronavirus restrictions, shy away from full lockdown

Swiss boost coronavirus restrictions, shy away from full lockdown

Published 13 Jan, 2021 06:52pm
  • The country also eased rules on allowing pandemic-hit businesses to apply for state financial aid in hardship cases.
  • Switzerland, which has so far taken a lighter touch to restricting business and public life, said it will close shops selling non-essential supplies from Monday.
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