COVID-19
US Risking A Second Wave And A Depression, Mark Zandi Warns
AMERICA - Published date: .
Mark Zandi of Moody's Analytics' worries businesses may reopen too soon and create another spike in coronavirus cases. Read more
A Record 20.5 Million Jobs Were Lost In April As Unemployment Rate Jumps To 14.7%
AMERICA - Published date: .
Both numbers easily smashed post-World War II era records and help reflect the profound damage done through efforts used... Read more
Pharma Export Growth In FY20 Down To Single Digit Due To Covid: Pharmexcil
Banking - Published date: .
Export growth started declining in February and turned negative in March, at -23.24 per cent Read more
Covid-19 Impact: AMNS India's March Operations Take A Hit Due To Lockdown
Banking - Published date: .
The company said that it had moved to match production with the evolving orderbook; steel shipments for 2Q 2020 were exp... Read more
Battling Lockdown Woes: Daimler India Resumes Operations Near Chennai
Banking - Published date: .
The company was able to restart in less than 24 hours after receiving permission from the local authorities Read more
Most 2020 Swing State Voters Want More Direct Payments During Coronavirus, CNBC/Change Research Poll Finds
AMERICA - Published date: .
Democrats are pushing for at least one more round of direct payments during the coronavirus crisis after many voters got... Read more
Small Business Loans Are Not Going Proportionately To The Hardest-hit Areas, Fed Study Shows
AMERICA - Published date: .
States enduring the brunt of the Covid-19 crisis are receiving a smaller proportion of emergency small business loans, a... Read more
This Wartime Law Gives Trump Exceptional Power Over US Economy
AMERICA - Published date: .
President Trump has invoked a Korean War-era law to fight the coronavirus pandemic. The Defense Production Act gives the... Read more
One Of Main Street's Biggest Fears In Economic Reopening — New Regulations
AMERICA - Published date: .
As small businesses across the country grapple with economic reopening, one of their biggest fears is that new regulatio... Read more
Test, Trace, Isolate: Governments Need To Do These Three Things Before Reopening Economies, Expert Warns
AMERICA - Published date: .
A global health expert and physician told CNBC that easing lockdowns without taking certain action would risk a second s... Read more
General Electric To Cut 10,000 Aviation Jobs
Breaking - Published date: .
The aviation division's revenue plunged 13 percent to $6.9 billion. Read more
EU Approves 7 Billion Euros In French State Aid To Air France
Breaking - Published date: .
Air France has suffered a significant reduction of its services, which resulted in high operating losses. Read more
Virus Lockdowns Scale Back May Day Rallies
Hedge Fund - Published date: .
This year the date carries extra significance after the COVID-19 outbreak sent the global economy into a historic tailsp... Read more
India Business Most Affected Due To Coronavirus Lockdown: Amazon CFO
Banking - Published date: .
Last month, the government said e-commerce platforms would be allowed to sell only essential items during the lockdown Read more
Covid-19 Impact: Zero Sales For Maruti Suzuki In April As Lockdown Bites
Banking - Published date: .
The carmaker suspended operations from March 22, in line with orders from the government as India rushed to curb the spr... Read more
US Weekly Jobless Claims Hit 3.84 Million, Topping 30 Million Over The Last 6 Weeks
AMERICA - Published date: .
Jobless claims for the week ended April 25 came in at the lowest level in a month but bring the rolling six-week total t... Read more
These 25 States Are Already Paying Gig Workers And Self-employed Americans Unemployment
AMERICA - Published date: .
Half of states are currently paying out unemployment compensation under the Pandemic Unemployment Assistance program, wh... Read more
Tata Sons To Infuse More Capital Into Five Firms Impacted By Coronavirus
Banking - Published date: .
FY2021 Budget planning upset in all five firms, funds will be used repay dues, keep them well-capitalised and finance pr... Read more
RIL Announces Salary Cuts; Mukesh Ambani To Forgo Entire Compensation
Banking - Published date: .
These pay cuts would apply only to the employees in Reliance's hydrocarbon division and earning more than Rs 15 lakh a y... Read more
Hopes Rise In Virus Battle As US Scientists Hail Drug Trial
Hedge Fund - Published date: .
A clinical trial of the drug remdesivir showed that patients recovered about 30 percent faster than those on a placebo. Read more