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Energy

Coronavirus creates repair headache for oil and gas industry

MOSCOW: The coronavirus pandemic has disrupted maintenance at oil and gas (O&G) projects and refineries from Russia’s Far East to the coast of Canada, storing up problems for an industry already reeling from slumping prices, analysts say.

Investment

US$30bil loans for small businesses

NEW YORK: JPMorgan Chase & Co has given out more than US$30bil in loans to over 250,000 businesses as part of the United States’ coronavirus aid programme for small businesses, chief executive officer Jamie Dimon said in a memo.

Economy

Coronavirus reveals risks to UK supply chains

LONDON: Coronavirus-fractured supply chains are providing a wake-up call to British business and leaders with just seven months to go before Brexit triggers the biggest shakeup of trading relationships in a generation.