Economy

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

China economically better off than other global powers facing a crisis after Coronavirus pandemic

China had a long term strategy in planning for a possible crisis and had been second largest economy globally even before the pandemic, say experts

May 10, 2020

By Vinay B.S.

Coronavirus

Up to 15,000 UK pubs may never reopen: Report

Pubs in the UK have been amongst the hardest hit during the coronavirus pandemic and as many as 15,000 might not survive until the lockdown is lifted

May 8, 2020

By IANS

Coronavirus

Hispanics hit the hardest due to Coronavirus crisis; twice as likely as whites to lose their jobs

Hispanics and blacks are dying and being laid off at a higher rate than whites during the coronavirus pandemic

May 7, 2020

By Bharat Sharma

Coronavirus

Indonesia's consumption might shrink in second, third quarters due to Coronavirus curbs: FM

The deadly virus outbreak has created a major stir around the world in recent times claiming the lives of more than 250,000 people worldwide

May 6, 2020

By IBTimes SG Desk

Coronavirus

King Salman extends Indonesia tour: 45 trucks to transport Saudi King's luggage during Bali holiday

Coronavirus impact: Saudi companies to reduce salaries by 40 percent, terminate employees

Private sector companies can even terminate labor contracts after six months if they are facing financial issues due to the COVID-19 situation

May 5, 2020

By Gani Mohamed Waseem

Coronavirus

Coronavirus: US Treasury Secretary claims international travel may not resume this year

Treasury Secretary Steven Mnuchin says international travel may remain restricted throughout the year and encourages domestic travel

May 5, 2020

By Bharat Sharma

Coronavirus

The future allies: What will be the fate of Russia as the China-US rivalry continues?

Russia was among the few nations that sided with Beijing against its critics and both the countries are looking to each other for support

May 3, 2020

By Bhaswati Guha Majumder

Coronavirus

'No $, no rent' - protesters call for economic help at New York May Day demonstrations

The caravan of cars rolled through a largely empty Times Square, honking their horns and displaying banners

May 2, 2020

By Reuters

Coronavirus

Malaysia to impose tourism tax from July, not August: Minister

Malaysian economy might shrink more than previous forecasts due to Coronavirus: Finance minister

The deadly virus outbreak has created a major site around the world as a result of which most of the countries have imposed lockdowns

May 2, 2020

By IBTimes SG Desk

Coronavirus

Australian Prime Minister Scott Morrison

Australian PM's call for the Coronavirus inquiry can harm trade relations with China: Business leaders

The deadly virus outbreak has infected over 3 million people worldwide and has spread to more than 170 countries globally

May 1, 2020

By IBTimes APAC Desk

Coronavirus

Half of US states easing coronavirus restrictions as jobless numbers grow

The jobless toll amounts to over 18.4 percent of the US working-age population, a level not seen since the Great Depression of the 1930s

May 1, 2020

By Reuters

Spain's ruined economy suffers worst contraction in a quarter on record due to Coronavirus crisis

The figure of the National Statistics Institute's was the worst from the time when the series began in 1970

Apr 30, 2020

By IBTimes APAC Desk

Coronavirus

Coronavirus Effect: World at risk of witnessing 1.6 Billion people loosing livelihood, says UN agency

About 436 million businesses are facing high risk of serious disruption, the International Labor Organization (ILO) said in its report

Apr 30, 2020

By Shubhangi Shah

Much of US economy still plugging along despite coronavirus pain

In US, 26 million people have filed for unemployment in just a month, with millions more likely waiting in electronic queues at overtaxed state unemployment systems

Apr 29, 2020

By Reuters

Coronavirus

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BLOGS AND FEATURES

US economy expands 1.4% in fourth quarter; corporate profits fall

Revised GDP Data Shows US Economy Remains Resilient, Powered by Consumers

By Jacob J

Previous 1 of 3 Next

Economy

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

China economically better off than other global powers facing a crisis after Coronavirus pandemic

Up to 15,000 UK pubs may never reopen: Report

Hispanics hit the hardest due to Coronavirus crisis; twice as likely as whites to lose their jobs

Indonesia's consumption might shrink in second, third quarters due to Coronavirus curbs: FM

Coronavirus impact: Saudi companies to reduce salaries by 40 percent, terminate employees

Coronavirus: US Treasury Secretary claims international travel may not resume this year

The future allies: What will be the fate of Russia as the China-US rivalry continues?

'No $, no rent' - protesters call for economic help at New York May Day demonstrations

Malaysian economy might shrink more than previous forecasts due to Coronavirus: Finance minister

Australian PM's call for the Coronavirus inquiry can harm trade relations with China: Business leaders

Half of US states easing coronavirus restrictions as jobless numbers grow

Spain's ruined economy suffers worst contraction in a quarter on record due to Coronavirus crisis

Coronavirus Effect: World at risk of witnessing 1.6 Billion people loosing livelihood, says UN agency

Much of US economy still plugging along despite coronavirus pain

Revised GDP Data Shows US Economy Remains Resilient, Powered by Consumers

Revised GDP Data Shows US Economy Remains Resilient, Powered by Consumers

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