COVID-19
Average Monthly Rating Downgrades Rise 22% Amid Covid-19 Pandemic: ICRA
Banking - Published date: .
The rating agency said that from its rated portfolio, while the number of downgrades has increased, upgrades have nearly... Read more
Latin America Passes 70,000 Deaths As Virus Slashes Global Economy
Funds - Published date: .
Elsewhere around the globe, clusters of infection were growing as governments relaxed restrictions. Read more
While 21 Million Americans Were Unemployed As Of May, Long-term Joblessness Hasn't Seen An Uptick
AMERICA - Published date: .
The number of Americans unemployed for a long stretch of time has remained steady since the start of the year. Families ... Read more
Cathay Pacific Unveils US$5 Billion Bailout Plan
Breaking - Published date: .
The bulk of the capital will come from new shares issued to Aviation 2020, a company owned by the government. Read more
May's Record Jobs Comeback: Here's Where The Jobs Are In One Chart
AMERICA - Published date: .
CNBC studied the net change in employment by industry for May based on data from the Labor Department. Read more
Need To Take Inventory Write Down Of Rs 1,456 Cr Over Covid-19, Says CPCL
Banking - Published date: .
Lower demand for crude oil and petroleum products had impacted the prices and refining margins of the company Read more
Hyderabad's Raghav Life Sciences Develops Favipiravir For Covid-19 Patients
Banking - Published date: .
Firm says it has been in talks with at least eight buyers, including a few overseas companies, to supply the anti-retrov... Read more
'The Covid-19 Recession Is Over,' Says Economist Zandi As May Job Losses Not As Bad As Feared
AMERICA - Published date: .
Finding good news in the loss of another 3 million jobs isn't easy, but the steep drop in private payrolls for May could... Read more
India-dedicated Funds Attract Zero Investments In April Due To Covid-19
Banking - Published date: .
This is the first time since August 2016 that a month has reported nil fundraising in India-dedicated schemes Read more
EasyJet Axes Almost A Third Of Staff On Virus Fallout
Breaking - Published date: .
EasyJet had grounded its entire fleet at the end of March. Read more
Mitch McConnell Says Next Coronavirus Bill Will Not Extend Enhanced Unemployment Benefits
AMERICA - Published date: .
House Democrats passed a bill last week to extend the enhanced $600 per week unemployment benefit through January. Read more
Marico Foundation Rewards Innovators Making A Difference In Covid Fight
Banking - Published date: .
Three products that offer innovative and affordable protective solutions have been selected 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
More Than Half Of Small Businesses Are Looking To Have PPP Funds Forgiven, Survey Says
AMERICA - Published date: .
Frustrations are mounting on Main Street due to a lack of guidance from the Small Business Administration on PPP loan fo... Read more
Unemployment Is Nearing Great Depression Levels. Here's How The Eras Are Similar — And Different
AMERICA - Published date: .
The unemployment rate is at its highest since the Great Depression. The current situation differs from that of the early... Read more
Homebuilder Sentiment Bounces Back In May, After Record Plunge In April
AMERICA - Published date: .
After the sharpest one-month drop in the history of the index in April, homebuilder sentiment bounced back slightly in M... Read more
Federal Government Should Help States, Cities And Hospitals Recover From Coronavirus, Gary Cohn Says
AMERICA - Published date: .
Former Trump advisor Gary Cohn said that a potential vaccine shouldn't stop the government from providing aid to parts o... Read more
Virus Could Cut Up To 9.7 Percent Off Global Economy: ADB
Funds - Published date: .
Many airlines have either retrenched staff or told their employees to take unpaid leave. Read more
Nearly 600,000 Australians Lose Jobs As Virus Lockdown Bites
Funds - Published date: .
The Treasury has forecast the unemployment rate will reach 10 percent in the June quarter. Read more
Georgia Tries To Balance Pressure To Reopen Economy With Threat Of Coronavirus Resurgence
AMERICA - Published date: .
Georgia's new coronavirus cases have plateaued, but it could take until the end of the month to know the effects of reop... Read more
