Just nine orders for commercial aircraft were placed globally in August due to the coronavirus pandemic, making it the lowest for the month on record, according to aerospace trade body ADS. “The figure is a 59% decline in August 2019 and a 91.3% decline in two years ago. Since the start of the crisis in…
Germany is considered a success by European startups when it comes to crisis management and resilience in the ongoing COVID-19 pandemic, according to the initial results of a survey by Startups & Places. The annual survey, which was launched in June 2020 and is still open, aims to map and share the most significant trends…
Some health experts around the world have been warning about a new wave of the coronavirus pandemic but another group is reluctant to label the rise in cases a “second wave”, arguing that it is too soon to predict how the situation will pan out. According to Euronews, the World Health Organization warned in late…
The global aviation body has urged governments across Europe to coordinate to lift border restrictions and find alternatives to COVID-19 quarantine measures in order to help save the industry from sinking into a deeper crisis. “Although the European market has seen an increase in the number of flights in recent months, supported by the reopening…
Some cities around the globe have carved out such a special place in the minds of people in the startup world that they are effortlessly associated with the best business launch experience. European cities like London, Paris, Berlin, and Barcelona are usually mentioned in the same breath as San Francisco or New York when discussing…
The viral coronavirus outbreak has left millions of people around the world in financial limbo, without income or with insufficient earnings as their bills pile up. Many businesses have started scaling back their workforce as the prospect of a quick recovery from the pandemic fades, with airline companies making some of the biggest job cuts….
Long before the coronavirus unleashed a massive wave of shock across the world, economists had envisioned several scenarios for a possible recession in Europe. However, few would have thought that some of the largest economies in the world would find themselves at war with a novel virus. The coronavirus has brought economic activities almost to…
Most startup enterprises in Europe are “undervalued”, says the director of Startup Portugal, who believes that the local nature of funding in the European entrepreneurial ecosystem makes an investment bubble scenario unlikely. “I think this is more a US problem than a European problem,” João Mendes Borga told Via News in an exclusive interview when…
Governments across Europe have imposed internal measures and travel restrictions to restrict the spread of the coronavirus. Here’s a regularly updated list of some of the measures and travel restrictions in European countries. All countries are with Level 3 Travel Health Notice status, meaning there’s a widespread, ongoing transmission and that non-essential travel should be…
Since the first case of coronavirus was detected in Wuhan, China, in late 2019, the shadow of fear and uncertainty has loomed over businesses all over the world, including in Europe. A wide range of containment and restrictive measures announced by governments to slow and stem the spread of the virus has opened up an…
