Airline SAS gets fresh 360-million-dollar credit boost
Copenhagen (dpa) – Scandinavian airline SAS is to receive new credit assistance from its main state shareholders Denmark and Sweden as it struggles to deal with the ongoing effects of the global pandemic. The two countries agreed to provide the airline with a further 3 billion Swedish kronor (360 million dollars), the Danish Ministry of…
APEC economies down by less-than-feared 1.9 per cent last year
Bangkok (dpa) – Gross domestic product (GDP) across the 21-country Asia Pacific Economic Cooperation (APEC) region shrank by 1.9 per cent in 2020, the group’s Singapore-based secretariat said on Thursday. The better-than-expected outcome was down to governments learning «effective ways to manage the pandemic» and providing «continued fiscal and monetary support» during the second half…
