Tag: Economy
Senegal is to boost its position as a trade hub for Africa by joining the World Logistics Passport, a major initiative by Dubai to link nations around the world and increase South-South trade. The framework agreement was signed by...
The Ontario government is expanding the Risk Management Program a year earlier than planned by $50 million for a total of $150 million annually. This funding supports farmers with unforeseen challenges such as fluctuating market prices, extreme weather events...
The practice of leasing heavy machinery construction equipment instead of purchasing it has proven to be beneficial for all sizes of companies across the world. This has resulted in the robust growth of the construction equipment rental market. Major...
On 24 March, the Democratic Republic of Congo’s (DRC, Caa1 stable) central bank cut its benchmark interest rate and announced measures to reduce the adverse effects of the coronavirus outbreak on the economy. The measures include suspending banks’ risk...
In this article the last Terex Corporation press release
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Terex Corporation, a global manufacturer of aerial work platforms and materials processing equipment, is providing a business update regarding health and safety, liquidity, and cost reduction actions in response to the...
Demand stalled in the first quarter as measures to stop the spread of the Covid-19 pandemic took hold. Despite a recovery in the Chinese market in March, the quarter still saw sales down by 17% and order intake reduce...
Demand for tractors remains stable, but industry barometer indicates recession.
Overall, some 191,587 “tractors” were registered across Europe in the full year 2019, according to numbers sourced from national authorities. Of these registrations, 43,642 vehicles were 37kW (50 hp) and...
BHP has launched a plan focused on helping mitigate the spread of COVID-19 in Chile. The business and the Medical Faculty of Universidad Católica, have combined efforts with the immediate objective of raising the testing capacity and strengthening the Familiar...
As the events surrounding the COVID-19 pandemic continue to evolve rapidly, the Caterpillar Foundation announced it is committing $8.5 million to support global communities, including underserved populations, who are affected by the virus.
The Foundation’s investment will support nonprofit organizations...
The African Development Bank (AAA) has raised an exceptional $3 billion in a three-year bond to help alleviate the economic and social impact the Covid-19 pandemic will have on livelihoods and Africa’s economies.
The Fight Covid-19 Social bond, with a...
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