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Podcast:  How blockchain could revolutionize green finance in Asia

Podcast: How blockchain could revolutionize green finance in Asia

ADB Institute | March 25, 2020 Policy makers and researchers recently met at ADBI for a workshop examining green infrastructure investment, policy challenges, and economic implications in Asia. Marco Schletz from the United Nations Environment Program Technical University of Denmark Partnership was among the experts featured at the event. Afterwards, Schletz sat down with Asia’s

6 years ago
Airbnb hosts to provide free rooms for British health workers

Airbnb hosts to provide free rooms for British health workers

Airbnb hosts will provide free rooms for workers in Britain's National Health Service (NHS) to support their work during the coronavirus outbreak, the company said on Sunday.



6 years ago
Delta CEO says gov't aid ensures no industry lay-offs through September 30

Delta CEO says gov't aid ensures no industry lay-offs through September 30

Delta Air Lines Chief Executive Ed Bastian said payroll assistance funds from the government under a massive stimulus package approved on Friday ensure there will not be any involuntary furloughs or pay cuts in the U.S. airline industry through Sept. 30.



6 years ago
Google-parent Alphabet to donate $800 million in response to coronavirus crisis

Google-parent Alphabet to donate $800 million in response to coronavirus crisis

Alphabet Inc will donate more than $800 million in funds towards producing medical supplies used to fight COVID-19, and in ad credits to government and health organizations and businesses, Chief Executive Officer Sundar Pichai said on Friday.



6 years ago
Toyota to make face masks in U.S. to aid coronavirus battle

Toyota to make face masks in U.S. to aid coronavirus battle

Toyota Motor Corp's North American unit said on Friday it would produce face shields, ventilators and respirators, as the death toll from the coronavirus exceeds 1,200 in the United States.



6 years ago
Wall Street tumbles as U.S. virus cases pass 100,000

Wall Street tumbles as U.S. virus cases pass 100,000

Wall Street stocks tumbled on Friday, ending a massive three-day surge after doubts about the fate of the U.S. economy resurfaced and the number of coronavirus cases in the country climbed.



6 years ago
U.S. airlines expect clarity on terms of payroll grants in 5-10 days: UAL senior executives

U.S. airlines expect clarity on terms of payroll grants in 5-10 days: UAL senior executives

U.S. airlines expect to learn the terms of federal aid meant to protect workers' payrolls in the midst of a sharp downturn from the coronavirus in the next five to 10 days, senior executives at United Airlines Holdings Inc said on Friday.



6 years ago
European airlines resist mounting coronavirus refund claims

European airlines resist mounting coronavirus refund claims

European airlines waiting in line for coronavirus bailouts want to tap another source of interest-free loans: their customers.



6 years ago
Cash-strapped airlines resist mounting coronavirus refund claims

Cash-strapped airlines resist mounting coronavirus refund claims

European airlines waiting in line for coronavirus bailouts want to tap another source of interest-free loans: their customers.



6 years ago
U.S. airlines cheer government relief but warn it is no 'cure' for deep industry crisis

U.S. airlines cheer government relief but warn it is no 'cure' for deep industry crisis

United Airlines Holdings Inc and Delta Air Lines welcomed on Friday a $50 billion relief package they said would protect jobs through September but warned that the continued challenges facing the industry will require more action.



6 years ago
Airbnb to halt all marketing, most hiring as losses mount: The Information

Airbnb to halt all marketing, most hiring as losses mount: The Information

Airbnb plans to halt all of its marketing, pause most hiring, and likely withhold employee bonuses as it tries to conserve cash amid a slide in bookings, CEO Brian Chesky told employees in a video conference call, The Information reported on Friday.



6 years ago
Bipartisan majority of Americans reject Trump idea to reopen by Easter: Reuters/Ipsos poll

Bipartisan majority of Americans reject Trump idea to reopen by Easter: Reuters/Ipsos poll

A bipartisan majority of Americans appear to reject an idea floated by President Donald Trump to reopen businesses by Easter, according to a Reuters/Ipsos poll, which also showed that nearly one in four have been laid off or furloughed during the coronavirus outbreak.



6 years ago
Almost one in four Americans lost job or furloughed because of coronavirus: Reuters/Ipsos poll

Almost one in four Americans lost job or furloughed because of coronavirus: Reuters/Ipsos poll

Nearly one in four U.S. adults said they have been laid off or furloughed during the coronavirus outbreak, yet a bipartisan majority of Americans wants businesses to remain closed to slow the spread of the deadly virus despite its impact on the economy, according to a Reuters/Ipsos poll.



6 years ago
GM reaches settlement over lost vehicle value from defective ignition switches

GM reaches settlement over lost vehicle value from defective ignition switches

General Motors Co has reached a $120 million settlement with owners who claimed that their vehicles lost value because of defective ignition switches, which have been linked to 124 deaths.



6 years ago
Congress passes plan to send taxpayers $1,200 checks in coronavirus aid. How to get yours

Congress passes plan to send taxpayers $1,200 checks in coronavirus aid. How to get yours

U.S. lawmakers finalized a sweeping new $2 trillion stimulus bill that includes checks for individual Americans. Here's how much you may expect to receive to help offset the coronvirus's pinch on your wallet.

6 years ago