Economy

French Carmaker Renault Could Close Plants And Cut Jobs: Union

French carmaker Renault (RENA.PA) could unveil job cuts and plants closures on Thursday as the company looks to save 2 billion euros ($2.2 billion) in costs

May 25, 2020

By Reuters

Coronavirus

EU Must Present United Front To Shield Pandemic-hit Banks: Regulator

European countries need to join forces to shield their banks from the coronavirus outbreak, one of the bloc's top regulators said on Monday

May 25, 2020

By Reuters

Coronavirus

Xi Says China Could Have Set GDP Growth Goal Around 6% Had There been No Coronavirus

The Chinese government on Friday omitted a GDP growth target for 2020 in its yearly work report unveiled at the annual meeting of parliament

May 24, 2020

By Reuters

UK to require employers to pay 20-30% of furloughed wage cost

UK has drawn up plans to require employers to cover 20% to 30% of furloughed employees' wages from August to reduce the vast burden of the coronavirus crisis on government finances

May 23, 2020

By Reuters

Coronavirus

American Billionaires Richer by $434 Billion During the Pandemic

US's billionaires saw their net worth jump $434 billion in the first two months of pandemic, led by Amazon Founder and CEO Jeff Bezos and Facebook CEO Mark Zuckerberg

May 23, 2020

By IANS

Mark zuckerberg

US Coronavirus Testing Numbers Maybe Less Reliable as States Are Probably Providing Misleading Data

The US showed improvement in testing counts since May but experts question whether some of the testing data can really be trusted

May 23, 2020

By Bhaswati Guha Majumder

Coronavirus

With Economy Losing Steam, China Gives up on GDP Growth Target, Accelerates Spending

As the economy shrinks 6.8% in the first quarter, China abandons economic growth target this year even as it reels under coronavirus impact.

May 22, 2020

By Reuters

Fairfield Files For Bankruptcy Citing Millions of Dollars in Debt

As in many other US cities, Fairfield's finances too have taken a beating because of the coronavirus

May 21, 2020

By Bharat Sharma

Singapore ranks fifth in global 'travel freedom' index

Coronavirus: Singapore Discusses Economic Recovery with Malaysia as Nation Is Set to Reopen Borders

Singapore Finance Minister discussed how economies of both the countries can be recovered as coronavirus restrictions are easing up gradually.

May 20, 2020

By Bharat Sharma

Coronavirus

U.S. Fed Chief Says Economic Recovery Could Stretch Through End of 2021

The Fed chief noted that people should not "bet" against the American economy in the long run, even in the medium run

May 18, 2020

By IANS

Japan Braces for Worst Postwar Slump as Pandemic Tips Economy Into Recession

The Coronavirus has been massively disruptive on supply chains and businesses, particularly in trade-reliant nations such as Japan

May 18, 2020

By Reuters

Coronavirus

U.S. Mulls Paying Companies, Tax Breaks to Pull Supply Chains from China

U.S. Congress has begun work on another fiscal stimulus package but it remains unclear when it might pass

May 18, 2020

By Reuters

Re-Opening Pennsylvania: Mass Protests Planned at State Capitol Friday

After Governor Wolf threatened to reduce the funding for counties, a candidate in the 45th District of Pennsylvania, called for the impeachment of Wolf and Lt Gov John Fetterman

May 14, 2020

By Bhaswati Guha Majumder

Coronavirus

England tiptoes out of lockdown as economy withers

GDP figures showed the economy shrank by a record 5.8 percent in March from February, and the April data is likely to be worse as the UK was under lockdown for the whole month

May 14, 2020

By Reuters

Coronavirus

Coronavirus: Experts believe Britain's furlough scheme merely delaying redundancies

Massive coronavirus bailout scheme started in March has been extended till October to help employers to bring furloughed employees back.

May 13, 2020

By Bharat Sharma

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BLOGS AND FEATURES

Analysis: US Growth, a Puzzle to Policymakers, Could Pose Global Risks

By Reuters

Previous 1 of Next

Economy

French Carmaker Renault Could Close Plants And Cut Jobs: Union

EU Must Present United Front To Shield Pandemic-hit Banks: Regulator

Xi Says China Could Have Set GDP Growth Goal Around 6% Had There been No Coronavirus

UK to require employers to pay 20-30% of furloughed wage cost

American Billionaires Richer by $434 Billion During the Pandemic

US Coronavirus Testing Numbers Maybe Less Reliable as States Are Probably Providing Misleading Data

With Economy Losing Steam, China Gives up on GDP Growth Target, Accelerates Spending

Fairfield Files For Bankruptcy Citing Millions of Dollars in Debt

Coronavirus: Singapore Discusses Economic Recovery with Malaysia as Nation Is Set to Reopen Borders

U.S. Fed Chief Says Economic Recovery Could Stretch Through End of 2021

Japan Braces for Worst Postwar Slump as Pandemic Tips Economy Into Recession

U.S. Mulls Paying Companies, Tax Breaks to Pull Supply Chains from China

Re-Opening Pennsylvania: Mass Protests Planned at State Capitol Friday

England tiptoes out of lockdown as economy withers

Coronavirus: Experts believe Britain's furlough scheme merely delaying redundancies

Analysis: US Growth, a Puzzle to Policymakers, Could Pose Global Risks

Analysis: US Growth, a Puzzle to Policymakers, Could Pose Global Risks

UK Retailers to Trim Jobs and Costs as Consumer Spending Slumps Amid Tight Rates

UK Retailers to Trim Jobs and Costs as Consumer Spending Slumps Amid Tight Rates

China Trims Rates to Revive Growth; Markets Sink on Lower-Than-Expected Cut

China Trims Rates to Revive Growth; Markets Sink on Lower-Than-Expected Cut