PARIS: Their fleets grounded for months owing to the coronavirus, airlines have sought with varying degrees of success state assistance to avoid going under altogether. But ahead of a return to normal service many carriers are weighed down by debt as they seek to take wing when mass demand...
PARIS: The global economy will contract at least six per cent this year, with the unprecedented loss of income and "extraordinary uncertainty" caused by measures to contain the coronavirus outbreak, the OECD said Wednesday (Jun 10). In the case of a second wave of contagion later in the year...
JAKARTA: Indonesia's state oil giant Pertamina said it has signed a deal with Taiwan's CPC to develop a US$8 billion petrochemical complex, after years of negotiations. Operations are slated to begin in 2026 at the new plant, which is to be built at an existing refinery in Indonesia's West...
