Global aviation industry faces cargo capacity shortage: IATA
IATA notes that there is a sharp fall in cargo capacity pointing to volumes down 15 percent and capacity down by more than a fifth
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MTN Nigeria expands 4G coverage, gains market share
MTN Nigeria added 4.2-million subscribers during Q1 2020
IDB Invest, Mexican Business Council to offer SMB loans up to $12 bn annually
Both companies have urged local commercial banks, international investors and development banks to participate in the plan to support businesses in Mexico
Egypt to invest $114 mn to upgrade electricity network in 2021
The investment is for the Sinai and Suez Canal regions and Sharqeya governorate
Qatar Petroleum reserves LNG ship construction capacity in China
Qatar will utilise it for its future LNG carrier fleet requirements
Apple plans to release Mac computers using its own chips in 2021
Intel's presence across Apple's product line will reduce if the latter's move to build its own Mac chips become successful
Emirates announces passenger flights to Europe, Africa and SE Asia
Emirates will fly to Frankfurt, Jakarta, Johannesburg, Lagos, London, Tunis, Madrid and Manila
ESR and partners form $1 bn JV to invest in South Korea logistics assets
The partners include Dutch pension administrator APG and Canada Pension Plan Investment Board
Barclays rolls out loan scheme for large businesses in the face of Covid-19
The bank will offer up to £50 mn for businesses with a turnover of more than £250 mn
SoftBank invests $150 mn in Didi Chuxing’s ride-hailing unit Qingju
The bike-sharing firm has raised more than $1 bn in its latest funding round