Purchases went up 80% for supermarkets, 11% for health products, and 83% for beauty and toiletry items.
Browsing: coronavirus
During a video conference this Thursday (26). The leaders of the world’s leading economies pledged to inject USD 5 trillion into global markets to address the coronavirus crisis, and to work to keep global supply chains working.
The World Travel and Tourism Council (WTTC) issued the estimate this Wednesday (25). It also predicts that 75 million jobs are at risk as a result of the coronavirus crisis.
The UAE mall operator has created an AED 100 million fund to help storeowners at its venues.
Companies such as Marfrig, Ambev, Unilever, Vale and Petrobras have announced donations of products, hand sanitizers, and money to help buy tests to detect the new coronavirus.
With Saudi Arabia in the group’s presidency, the world’s biggest economies said they will keep close track of the impact of the pandemic on markets.
The company decided to implement a temporary suspension of most passenger operations by March 25.
Some only allow in homecoming citizens or foreign travelers under extraordinary circumstances. Find out how the region is working to stop the spread of the new coronavirus.
The Arab Brazilian Chamber of Commerce said it’s taking action to prevent infection by COVID-19. It will make available telephone lines to clear up doubts regarding the transition to a novel form of service provision.
Brazilian Foreign Trade Association chair José Augusto de Castro expects food products to be the industry least impacted by coronavirus when it comes to exports, although there will be repercussions from plummeting prices and issues at seaports.
Several Arab countries made their announcements this Monday (16), in the wake of a historical interest rate cut put in place by the United States.
Brazil’s Banco do Brasil and Caixa Econômica Federal announced that financing will be made available to businesses whose finances take a hit from the pandemic.
The administration announced the measure in a bid to address the international oil price slump. The country is highly dependent on oil exports.
The disease outbreak has slowed down manufacturing in China, which is expected to reflect on countries it has economic relations with.
