Economy

How billionaires have become pandemic profiteers, while 26 million Americans lost their job

The billionaires added $308 billion to their wealth, while 26 million Americans lost their jobs, in the face of coronavirus crisis. Bezos's wealth grew 'unprecedented'

Apr 27, 2020

By Vinay B.S.

Coronavirus Elon musk

Philippine economy to suffer first annual contraction in more than 2 decades due to Coronavirus crisis

The deadly virus outbreak has created a major stir around the world in recent times claiming more than 190,000 lives

Apr 25, 2020

By IBTimes SG Desk

Coronavirus

Monaco-based investor James Richman among the super-rich supporting COVID-19 frontliners

The contributions of the world's billionaires have been massive. Yet, the donations are still dwarfed by the extremely huge demand for funding of the different sectors that combat the spread of the COVID-19 pandemic

Apr 24, 2020

By IBTimes SG Desk

Coronavirus

Switzerland government expecting deep recession due to the Coronavirus pandemic

The deadly virus outbreak has created havoc in the world and has spread to more than 170 countries globally

Apr 23, 2020

By IBTimes APAC Desk

Coronavirus

ANALYSIS : Globalisation will be the first high street casualty in post-pandemic world

Rather than the comfort of inter-dependence, strong nations states will choose the safety of independence - whether it's in the matter of vaccines, ventilators or weapons.

Apr 22, 2020

By Jacob J

Coronavirus Us election 2020

Bank of Japan announces negative interest rates

BOJ warns of probable risks in the financial system triggered by the Coronavirus pandemic

The deadly virus outbreak has created a major stir in recent times infecting over 2.5 million people globally

Apr 21, 2020

By IBTimes SG Desk

Coronavirus

Coronavirus relief deal for US small businesses may come Monday, Trump says

The US has by far the world's largest number of confirmed COVID-19 cases, with more than 750,000 infections and over 40,000 deaths

Apr 20, 2020

By Reuters

Coronavirus

california-surpasses-u-k-to-become-fifth-largest-economy

Around 5 million more Americans file jobless claims as Coronavirus pandemic hits the economy

A total of 22 million people have lost their jobs within a month during coronavirus crisis as unemployment rate crossed 10%

Apr 17, 2020

By Bharat Sharma

Coronavirus

China's Coronavirus-hit economy shrank by 6.8% in the first quarter: Government

The Chinese economy recorded contraction for the first time since the end of the Cultural Revolution in 1976

Apr 17, 2020

By Shubhangi Shah

Coronavirus

Unemployment claims soar by 42% in Netherlands as Coronavirus lockdowns bite

The coronavirus outbreak has created a major stir around the world in recent times claiming the lives of more than 120,000 people

Apr 16, 2020

By IBTimes APAC Desk

Coronavirus

Coronavirus stimulus checks signed by Trump are being sent to dead US citizens

Along with millions of US residents, the stimulus checks were also sent to people who have died years ago

Apr 16, 2020

By Bhaswati Guha Majumder

Coronavirus

Unemployment rate in Australia increases in March; worst is yet to come due to Coronavirus outbreak

The deadly novel virus outbreak has created havoc around the world claiming the lives of over 120,000 people globally

Apr 16, 2020

By IBTimes APAC Desk

Coronavirus

French Coronavirus crisis package will cost 110 billion euros: Finance minister

The deadly virus outbreak has created a major stir around the world claiming the lives of over 120,000 in more than 170 countries

Apr 15, 2020

By IBTimes APAC Desk

Coronavirus

Oil rises on bargain-hunting, hopes for stockpile purchases

The US Energy Department stated on Tuesday it is negotiating with 9 energy companies for storing about 23 million barrels of domestic oil in its Strategic Petroleum Reserve

Apr 15, 2020

By Reuters

Coronavirus

UK economy could shrink by the most in 300 years in 2020

International Monetary Fund said it expected Britain's economy to shrink 6.5% in 2020, similar to other economies, before growing by 4.0% in 2021

Apr 15, 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

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Economy

How billionaires have become pandemic profiteers, while 26 million Americans lost their job

Philippine economy to suffer first annual contraction in more than 2 decades due to Coronavirus crisis

Monaco-based investor James Richman among the super-rich supporting COVID-19 frontliners

Switzerland government expecting deep recession due to the Coronavirus pandemic

ANALYSIS : Globalisation will be the first high street casualty in post-pandemic world

BOJ warns of probable risks in the financial system triggered by the Coronavirus pandemic

Coronavirus relief deal for US small businesses may come Monday, Trump says

Around 5 million more Americans file jobless claims as Coronavirus pandemic hits the economy

China's Coronavirus-hit economy shrank by 6.8% in the first quarter: Government

Unemployment claims soar by 42% in Netherlands as Coronavirus lockdowns bite

Coronavirus stimulus checks signed by Trump are being sent to dead US citizens

Unemployment rate in Australia increases in March; worst is yet to come due to Coronavirus outbreak

French Coronavirus crisis package will cost 110 billion euros: Finance minister

Oil rises on bargain-hunting, hopes for stockpile purchases

UK economy could shrink by the most in 300 years in 2020

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