PARIS: A year ago, stock markets went into free-fall as the scale of the coronavirus crisis became apparent and countries desperately locked down to try to halt the pandemic. 

NEW YORK: US airlines are set to receive another round of support from Washington as the industry continues to await the first tangible signs of real recovery from the coronavirus downturn. 

LONDON: British mobile phone giant Vodafone yesterday announced the price range for the upcoming German stock market flotation of its towers business, valuing the unit at up to 14.7 billion euros ($17.4 billion). 

LONDON: Troubled UK finance firm Greensill has collapsed into administration after encountering serious financial difficulties, administrators Grant Thornton said Monday, sparking fears for the future of thousands of jobs worldwide. 

WASHINGTON: A flood of money for COVID-19 vaccines, stimulus checks and unemployment benefits is set to flow into the US economy this week, with Congress’s expected approval of President Joe Biden’s $1.9 trillion stimulus package. 

MILAN: Eyes on the ground, they queue in silence for a food parcel outside Milan’s Pane Quotidiano charity. Since coronavirus swept across Italy a year ago, the line has grown and grown.

KUWAIT: As Kuwait entered the first day of a 5 pm to 5 am partial lockdown yesterday, the country was in total paralysis with unprecedented traffic jams that continued way after the deadline. 

KUWAIT: Students from several Indian schools in Kuwait have contacted Kuwait Times to complain that they are being compelled by their schools to attend on-campus exams in the upcoming exam period. 

HONG KONG: China’s crackdown in Hong Kong has left Japanese finance firms “very much afraid” and reconsidering whether to remain in the city, a senior banker said yesterday in a rare public declaration of concern from within the industry.