The Office for National Statistics says that the economy of the United Kingdom has contracted by a record 9.9% since the pandemic began, but has narrowly avoided a double-dip recession. This is nonetheless estimated to be the largest annual contraction since 1709. 2021-02-12
The S&P Global Ratings downgrades Lebanon's credit rating for its external debt to "selective default" (SD), following defaults due to the resignation of the government in the aftermath of the August 4 explosion in Beirut and the implementation of a two-week lockdown from August 18 following a surge in infections. 2020-08-21
The Walt Disney Company reports it is entering a 5{{nbsp}}billion unsecured credit agreement, possibly to make up for shortfalls in its theme park division. Citibank, N.A. is the main broker of the deal. 2020-04-13
Following a collapse in print sales amid the COVID-19 pandemic in the United Kingdom, "The Jewish Chronicle" and "Jewish News" newspapers enter voluntary liquidation and are to close. 2020-04-8
China resumes construction of its infrastructure to help ease the economic impact of COVID-19. 2020-03-21
British textile design company Laura Ashley plc collapses into administration, saying the coronavirus has had a "significant impact on trading". 2020-03-17
The 2020 Dayton Hamvention, the world's largest amateur radio convention, is cancelled due to the coronavirus pandemic. 2020-03-16