United States
M&M Pulls Out Of Bid To Supply Trucks To US Postal Dept In $6.3 Bn Deal
Banking - Published date: .
Firm to review operations of US arm, is in the midst of a restructuring exercise that is aimed at improving shareholders... Read more
Samsung, Foxconn To Take Part In Govt's PLI Scheme For Phone Manufacturing
Banking - Published date: .
The scheme aims to make India a manufacturing and export hub for mobile phones Read more
US Books 100 Mn Covid-19 Vaccine Doses For $2.1 Bn From GSK, Sanofi Pasteur
Banking - Published date: .
The US government has a further option for the supply of an additional 500 million doses longer term as part of its Oper... Read more
JSW To Idle Ohio Facility In US, Sends Lay-off Notices To 160 Workers
Banking - Published date: .
Sources said that the lay-off could be temporary and the company hoped that it would last less than six months. Question... Read more
UK, Bharti Enterprises Win OneWeb, To Spend $1 Billion On Revival
Banking - Published date: .
The deal could be a game-changer for hinterland connectivity. Read more
Stocks Rise After Better-than-expected Jobs Report To Close Out Winning Week
AMERICA - Published date: .
Stocks rose on Thursday following a better-than-expected U.S. jobs report as the economy tries to recover from the coron... Read more
Record Jobs Gain Of 4.8 Million In June Smashes Expectations; Unemployment Rate Falls To 11.1%
AMERICA - Published date: .
Another big contributor to the decline of the jobless rate was a plunge in those on temporary layoff. That total fell by... Read more
GM, Fiat Chrysler U.S. Auto Sales Tank In Second Quarter As Coronavirus Saps Demand
AMERICA - Published date: .
U.S. vehicle sales in the second quarter for General Motors, Toyota Motor and Fiat Chrysler plunged by more than 30% Read more
Economy's Second-half Comeback Is Now Threatened By Coronavirus Resurgence
AMERICA - Published date: .
Economists expect to see a bounceback in the second half of 2020, but the resurging virus threatens the strength of the ... Read more
Goldman Sachs Says A National Mask Mandate Could Slash Infections And Save Economy From A 5% Hit
AMERICA - Published date: .
A face mask mandate would not only cut the daily growth rate of new cases of Covid-19, but could also save the U.S. econ... Read more
Nearly Half The U.S. Population Is Without A Job, Showing How Far The Labor Recovery Has To Go
AMERICA - Published date: .
"To get the employment-to-population ratio back to where it was at its peak in 2000 we need to create 30 million jobs," ... Read more
Total Of Those Receiving Unemployment Benefits Falls Below 20 Million
AMERICA - Published date: .
Jobless claims totaled 1.48 million last week as unemployment related to the coronavirus pandemic remained stubbornly hi... Read more
A Tale Of Two Recessions: Some Americans Thrive As Others Suffer
AMERICA - Published date: .
The recession is playing out much differently across wealth, race and gender divides. Some are bearing the brunt of the ... Read more
Galwan Valley Clash: Indian IT Services Companies In Wait-and-watch Mode
Banking - Published date: .
Indian IT industry is one of the biggest Indian employers in China, with around 22,000 employees in the country, includi... Read more
Unlike During Past Economic Downturns, Americans Have Money In Their Pockets This Time
AMERICA - Published date: .
Personal income increased 10.5% in April, the Bureau of Economic Analysis said last week. Read more
U.S. Manufacturing Activity Pulls Off 11-year Low
AMERICA - Published date: .
U.S. manufacturing activity eased off an 11-year low in May, though the recovery from the Covid-19 crisis could take yea... Read more
Consumer Confidence Rises Unexpectedly In May As Economy Reopens
AMERICA - Published date: .
Consumer confidence unexpectedly improved in May as the U.S. economy slowly restarted, according to data from the Confer... Read more
Second Wave Of Coronavirus Infections Could Cause A Worse Economic Disaster, Experts Warn
AMERICA - Published date: .
States across the country began reopening parts of their economies as early as April 24. Guidelines for reopening differ... Read more
Jobless Claims Total 2.4 Million, Still Elevated Levels But A Declining Pace From Previous Weeks
AMERICA - Published date: .
The total, while still well above anything the nation had seen in pre-coronavirus America, represents the seventh straig... Read more
As States Reopen, It's A Race Against The Clock For Small Businesses To Pay Bills And Stay Solvent
AMERICA - Published date: .
As states reopen, the focus has turned to whether smaller companies can find enough business to survive, preventing a wa... Read more