#Coronavirus Business Report: Volvo Cars, owned by China’s Geely Holding, said on Wednesday it sold 40% more cars in May than in April, as restrictions to contain the spread of the #COVID19 #pandemic started to ease in several markets

“While still down 25.5% in May from a year earlier, the Swedish car maker sold 44,380 cars in the month compared to the 31,760 sold in April, helped by improving showroom traffic trends in Europe, a quicker than expected recovery in the United States, and strong growth in China.”

Published: June.03: 2020: https://bitly.com/2U673tU

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#Coronavirus Business Report: Airlines cut domestic fares by an average 23% last month as traffic picked up from April lows, global industry body IATA said on Wednesday, warning that post-coronavirus discounting posed a further threat to profitability

“Domestic passenger traffic rose 30% globally in May from a very low base in April, when much of the industry was brought to a near-standstill by the #COVID19 #pandemic, IATA said in an online presentation.”

Published: https://bitly.com/3068bBI

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#AceBusinessDesk ………… Exclusive: Mexico probes Libre Abordo’s oil-for-food pact with Venezuela coordinated with U.S. agencies, the department’s chief, Santiago Nieto, told Reuters

The Mexican government’s financial crime department is investigating Libre Abordo, a Mexico-based firm that received millions of barrels of Venezuelan crude under an oil-for-food pact, in a probe coordinated with U.S. agencies, the department’s chief, Santiago Nieto, told Reuters

https://t.me/reuters_news/133437
Reuters World News, [Jun 2, 2020 at 19:50]

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#AceBusinessDesk …………SoftBank put together a $100 million investment fund for minority-owned businesses in 24 hours according to CEO Marcelo Claure told CNBC’s “Squawk Box” on Wednesday

“It’s one of the first large funds created in response to nationwide protests sparked by the killing of George Floyd, an unarmed black man. SoftBank Group International CEO Marcelo Claure told CNBC’s “Squawk Box” on Wednesday that the company put it together in the past 24 hours after speaking to SoftBank founder Masayoshi Son. ”

Published: June.03: 2020: Sputnik: https://bitly.com/2MsfTy2

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#Coronavirus Travel Report: Starting 3 June tourists from the Schengen Zone and the UK will be able to travel to Italy without a mandatory 2-week quarantine. However, some countries in Europe, including Greece and Germany, are not rushing to receive Italian tourists

“Italian Foreign Minister Luigi Di Maio has announced official visits to Germany, Slovenia, and Greece in the coming days: “At these meetings I will explain to my colleagues that Italy is ready to receive foreign tourists starting 15 June, and that we will act with the utmost transparence: The internal situation and all the data on those infected will always be public. We don’t accept the fact that we’re blacklisted; we have nothing to hide: On the contrary, we have always acted responsibly and transparently and will continue to do so”.”

Published: June.03: 2020: Sputnik: https://bitly.com/2XV5MqJ

Editor says #AceNewsDesk reports are provided at https://t.me/acenewsdaily and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#Coronavirus Report: If it was possible to go back in time, #Sweden would have adopted more measures to stop the #pandemic, state epidemiologist Anders Tegnell, the man seen as the architect of the nation’s #COVID19 strategy, said in a recent interview

““Had we encountered the same disease, with exactly what we know about it today, I think we would have ended up doing a crossover between what Sweden did and what the rest of the world did”, Tegnell said, comparing Sweden’s no-lockdown strategy with only a handful of restrictions with vast shutdown measures elsewhere across the continent. However, Tegnell offered no concrete examples of what would have been done differently.”

Published: June.03: 2020: Sputnik: https://bitly.com/3051Nuu

Editor says #AceNewsDesk reports are provided at https://t.me/acenewsdaily and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#Coronavirus Finance Report: Renault finalised on Wednesday a 5 billion euro (4.45 billion pounds) loan from with the French government, strengthening the carmaker’s finances in the wake of the #coronavirus #pandemic which has ravaged the auto industry according to Reuters

Renault finalised on Wednesday a 5 billion euro (4.45 billion pounds) loan from with the French government, strengthening the carmaker’s finances in the wake of the #coronavirus #pandemic which has ravaged the auto industry:

Published: Reuters: IFTTT, [Jun 3, 2020 at 09:25] https://reut.rs/30fimEb

Editor says #AceNewsDesk reports are provided at https://t.me/acenewsdaily and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com