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Global Stocks Tank On Fears Of Second Coronavirus Wave

Most Asian bourses had already fallen sharply earlier in the day. Read more

Virus Restrictions Threaten Asia Economic Recovery In 2021: ADB

As regional economies contract this year the number of poor people will likely rise by at least 78 million. Read more

Chinese Restaurant Chain Apologises For Asking Customers To Weigh In Before Ordering Food

Chinese restaurant gets swift backlash from netizens accusing them of fat shaming on their zero food waste campaign. Read more

Japan Economy Shrinks Record 7.8 Percent In April-June

It is the worst economic contraction for Japan since comparable data in 1980, eclipsing the brutal impact of the 2008 gl... Read more

New York City's Growing Homeless Encampment Is Killing Struggling Local Businesses

Homeless people living in New York's sidewalks say apartment owners overlooking the encampment are throwing hot water on... Read more

Obesity Battle: Mexico Approves Ban On Sale Of Junk Food, Sugary Drinks To Children

Mexico deputy health minister calls sugary drinks "bottled poison" and urges people to stop buying them. Read more

Pandemic's Economic Fallout Will Worsen Conflicts: UN Diplomats

UN Secretary General Antonio Guterres's plea for a global ceasefire back in March has gone largely unheeded. Read more

Crushed By COVID, Small Spanish Firms Struggle To Survive

So far, 40,000 bars, restaurants and hotels have permanently closed. Read more

Virus Wreaks Economic Havoc As Global Cases Top 17 Million

COVID-19 is forcing governments into a persistent balancing act between saving lives and preventing economic devastation... Read more

Asia Markets Hit As US Jobless Claims Jump, Stimulus Talks Stall

Economists suggested the weak data could spur US lawmakers to push on with fresh stimulus measures as their previous pac... Read more

Australia Extends Stimulus Spending As 'COVID Recession' Looms

Between February and May, two million Australians had already lost their jobs or saw hours significantly cut. Read more

Markets Advance On Hopes For Vaccine, Focus On EU Summit

The studies provided a much-needed shot in the arm for investors, who have been put on edge in recent weeks by worrying ... Read more

Angry EU Leaders Battle To Save Deadlocked Virus Recovery Summit

The marathon talks chaired by EU Council President Charles Michel failed to yield agreement over the size, rules for a 7... Read more

Luxembourg PM Urges EU Solidarity At Budget Summit

EU officials have drawn up a stimulus plan that would see 500 billion euros handed out as grants and subsidies and a fur... Read more

Equities Sink After Wall St Drop As New Virus Cases Spike

Concerns about the impact on demand from the reimposition of some containment measures weighed on oil markets. Read more