New Year - Page 331

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Hello RFR, goodbye LIBOR

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Despite the vast challenges caused by the coronarvirus pandemic, financial markets are continuing their preparation for a historic moment: from the end of next year risk-free rates (RFRs) will replace the London Interbank Offered Rate (LIBOR) for the calculation of interest rates.

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Qatar Airways expands its network to 100 destinations

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Qatar Airways is pleased to announce the resumptions of services to Sofia via Bucharest, marking the 100th destination to be added back to its global network. The three weekly flights to Sofia starting from 16 October 2020 will see the airline’s network expand to more than 700 weekly flights across six continents.

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