Mike Regnier The Yorkshire Building Society announced a decline in its pre-tax profit in its half-year results, but said its long-term strategy would allow it to “cope with the difficult economic environment and the impacts of Covid-19”. The company reported pre-tax profit of £ 67.3million for the six months toRead More →
The Australian government today unveiled its Economic and financial outlook, outlining how COVID-19 has impacted Australia’s economy and the country’s finances. In short, it paints a sobering picture of the state of the Australian and global economies. The huge levels of government support injected into the Australian economy from MarchRead More →
Muhammad Mahmood | Posted: July 11, 2020, 10:29 p.m. | Update: July 29, 2020 9:04 p.m. Economic uncertainties continue to hold back global economic growth. At the end of last month, the International Monetary Fund (IMF) further lowered the projection for global economic growth – a contraction of 4.9% inRead More →
By Omobayo Azeez After months of battling economic headwinds, Opay has finally thrown in the towel by confirming that most of its operations in Nigeria will be suspended. Its business units, including carpooling services, ORide, OCar, as well as its logistics department, OExpress, are affected by the new decision, theRead More →