China factory activity unexpectedly expands, but economy cannot shake off coronavirus shock
China's official Purchasing Managers' Index (PMI) rose to 52 in March from a plunge to a record low of 35.7 in February, the National Bureau of Statistics (NBS) said on Tuesday, above the 50-point mark that separates monthly
Coronavirus pandemic: US stimulus package is biggest ever, but may not be big enough
The risk is exacerbated by efforts to stop the spread of coronavirus which have brought economic activity to a screeching halt.
Modi govt’s Rs 1.5 lakh crore warchest to defeat coronavirus economic slowdown; mega package likely this week
The package, which could be announced by the end of the week, will be used to put money directly into the accounts of more than 100 million poor and to support businesses hit the hardest by the lockdown, the sources said.
Goldman injects $1 billion into own money-market funds after heavy withdrawals
Goldman Sachs Group Inc poured more than $1 billion into two of its prime money-market portfolios this week due to heavy investor withdrawals, in what the Wall Street bank described as a pre-emptive move to boost liquidity at
Amazon raises overtime pay for warehouse workers
Amazon.com Inc said on Saturday it is raising overtime pay for associates working in its U.S. warehouses as the world's largest online retailer tries to meet the rapidly growing demand for online shopping from consumers stuck
China sees continued rise in imported coronavirus cases
China on Sunday reported 46 new cases of coronavirus, the fourth straight day with an increase, with all but one of those cases imported from overseas, according to the country's National Health Commission.
Coronavirus cases: China’s imported cases jump as students, expats flock home
As well as Beijing and Shanghai, the major transport hub of Shenzen, near Hong Kong, has facilitated infected returnees. The southern provinces of Guangdong, Fujian, and the eastern provinces of Shandong and Zhejiang, as well
UK braces for coronavirus shut down as London stations close
As the coronavirus outbreak sweeps across the world, governments, companies and investors are grappling with the biggest public health crisis since the 1918 influenza pandemic, panicked populations and imploding financial mar
Tesla continues production despite Coronavirus lockdown orders: To limit workers at California Factory
Tesla is continuing operations ate its California plant at its Fremont facility despite the Coronavirus lockdown. Reuters reports that the county sheriff’s office said Tesla was not considered an essential business and cann
Coronavirus pandemic: Beijing hit by record number of imported COVID-19 cases
It was the first time since the virus took hold late last year in Hubei province's capital Wuhan that China has recorded no locally transmitted cases.
How true are Baba Ramdev’s claims? Patanjali draws ire over coronavirus cure
Indian healthcare professionals are questioning claims by popular yoga guru and entrepreneur Baba Ramdev who said he has found an ayurvedic remedy that would help ward off coronavirus.
Euro 2020 Championship postponed over coronavirus: UEFA
This year's 12-nation Copa America was also postponed until 2021 on Tuesday, the South American Football Confederation (CONMEBOL) said.
Salesforce hires former banker Arundhati Bhattacharya as India CEO: Report
Bhattacharya previously headed the State Bank of India (SBI), the country's largest lender, and was the first woman to lead the more than 200-year-old bank. She retired from SBI in 2017 after spending four decades in various
बैंक खाता खुलवाओ, मास्क फ्री ले जाओ; चीन के बैंकों का अनोखा फंडा
कोरोना वायरस (Corona Virus) ने चीन की इकोनॉमी की कमर तोड़कर रख दी है.
‘Single biggest shock’: Airlines, airports battle coronavirus cash crunch
Boeing Co confirmed it is in talks with senior White House officials and congressional leaders about short-term assistance for the entire U.S. aviation sector, including suppliers, airlines and airports.
British actor Idris Elba says he has tested positive for coronavirus
"This morning I tested positive for Covid 19. I feel ok, I have no symptoms so far but have been isolated since I found out about my possible exposure to the virus. Stay home people and be pragmatic. I will keep you updated o
Coronavirus Pandemic: Now China getting more ‘imported coronavirus infections’, local cases almost halt
In contrast, mainland China only had one case of locally transmitted infection on Monday, in Wuhan, capital of central Hubei province where the flu-like disease appeared in humans late last year.
Boeing in talks for short-term US government assistance
Boeing said late Monday that ready short-term access to public and private liquidity will be one of "the most important ways" for airlines, airports, suppliers and manufacturers to recover.
Ferrari stops production for two weeks in Maranello, Italy due to Coronavirus
Ferrari said in a statement it had so far ensured production continuity, as it already implemented all the health measures decided by the Italian government at the two sites, located in hometown Maranello and in Modena, in th
Coronavirus impact: Global airlines slash flying schedules, cut jobs after new travel restrictions
CAPA Centre for Aviation, an airline analysis and consulting firm, said most airlines globally will be bankrupt by the end of May without coordinated government and industry action to avoid such a catastrophe.
Next-generation Volkswagen cars to come with new software to avoid accidents
First-generation cars, which are due to go on sale in Europe in the summer, are still being tweaked, said Thomas Ulbrich, the VW brand's board member responsible for electromobility.
Crude oil prices fall for third day, Brent crude set for biggest weekly drop since 1991
Oil prices were also impacted by record declines in equity markets with Japan's Nikkei 225 falling by 10% on Friday after U.S. markets fell by the most since Black Monday in 1987 on Thursday
World markets plunge deepens as coronavirus panic worsens
Australia's benchmark fell 7.6% and is set for its worst week on record, while in South Korea the won was shredded and the Kosdaq fell 8%, triggering a short trading halt.
Gold set for biggest weekly drop in nearly 7 years in virus-led sell-off
Spot gold was down 0.9% to $1,562.30 an ounce by 0139 GMT, after a more than 3% sell-off in the previous session. For the week, it was down about 6.7% - the biggest since June 2013.
Wife of Canada PM Trudeau tested positive for Coronavirus
Wife of Canadian Prime Minister Justin Trudeau has tested positive for Coronavirus, the Prime Minister's office said.
Coronavirus outbreak: Egypt confirms 7 new cases; 45 cases earlier detected on Nile cruise ship in Luxor
Sixty-three tourists on board the infected Nile ship travelled to their home countries on Tuesday and Wednesday after spending a period in quarantine and testing negative, the tourism and antiquaries ministry said on Wednesda
WHO calls Coronavirus a pandemic! UK, Italy announce multi-billion dollar war chests to fight it
The coronavirus, which emerged in China in December, has spread around the world, halting industry, bringing flights to a standstill, closing schools and forcing the postponement of sporting events and concerts.
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Most Read
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Budget 2020
- Budget 2020 hasn't violated fiscal discipline: FM Sitharaman
- Budget 2020 was disappointing for lacking vision; but fiscal, taxation measures welcome: EAC-PM member Ashima Goyal
- Budget 2020: FM Nirmala Sitharaman says govt willing to do more beyond Union Budget to boost growth
- Budget 2020: FM says green shoots of recovery visible, points at worse macro-economic fundamentals under UPA
- Budget and the economy: What can we expect after this Budget?
- Budget 2020: FM Sitharaman takes on P Chidambaram over defence budget allocation
- Budget 2020 proposals on DDT, personal tax not to impact MF industry: Franklin Templeton
- Budget 2020: Chidambaram slams Modi govt; says economy close to collapse, unemployment making India poorer
- Budget 2020: How ESOP tax changes will benefit start-up employees
- Economic Survey 2020: Fudging food and fertiliser subsidy
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