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TP Group to deliver new on-site oxygen system for medics in H2

6 years 6 months ago
UK defence and space technology firm TP Group hopes to produce a new on-site oxygen production system for hospitals in the second half of this year, accelerating an existing programme based on submarine technology to provide gas used for the treatment of COVID-19, the company said on Thursday.

European shares bounce as airlines pitch recovery

6 years 6 months ago
European shares rose in early trading on Thursday as daily coronavirus death tolls in both Spain and Italy eased, while a defiant statement on the crisis from two of the continent's big budget airlines helped battered travel stocks recover.

Germany sets up protective shield for credit insurers

6 years 6 months ago
Germany's Finance Ministry said on Thursday that the government was setting up a protective shield for credit insurers for 2020 that amounts to 30 billion euros ($32.66 billion) and will guarantee business volume of around 400 billion euros.

Asian Markets Lower, New Zealand Bucks Trend

6 years 6 months ago
(RTTNews) - Asian stock markets, with the exception of New Zealand, are lower on Thursday following the sharp losses overnight on Wall Street as weak U.S. economic data and corporate earnings results pointed to the damaging economic impact of the coronavirus pandemic.

United Airlines Plans To Further Cut Schedule Amid U.S. Aid

6 years 6 months ago
(RTTNews) - United Airlines (UAL) is planning to further reduce its schedule and cut costs, saying that federal-government aid does not cover its total payroll expense. The aid represents only about 30 percent of its total costs. Meanwhile, the airline indicated that it could cu

Breakingviews - China's 2003 auto recovery will be instructive

6 years 6 months ago
HONG KONG (Reuters Breakingviews) - China's coronavirus past is fuelling hope for global automakers. Car sales in the People's Republic got a boost during the 2003 SARS outbreak, as commuters avoided public transit and purchased personal vehicles for the first time. That

WhatsMiner to Launch New Products in Online Event

6 years 6 months ago
In order to survive and develop, miners must gain a comparative advantage over their peers. The game theory of miner behavior in a Bitcoin halving event is actually quite interesting. Blockware Solutions, a cryptocurrency mining service provider, conducted a detailed analysis o

Sensex, Nifty Set To Drift Lower On Weak Global Cues

6 years 6 months ago
(RTTNews) - Indian shares are likely to open lower on Thursday, mirroring weak global cues as the total number of coronavirus cases surpassed two million globally, with Europe emerging as the worst hit continent. Fatalities around the world topped 133,000.
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