COVID-19
Tesla Posts Third Quarterly Profit In A Row, But Elon Musk Is Not Happy
Banking - Published date: .
Tesla produces a fraction of the cars of its rivals but has a much larger stock market value on expectations of tremendo... Read more
Microsoft Revenue Beats Estimates As Covid-19 Crisis Boosts Cloud Business
Banking - Published date: .
Microsoft benefited from strong demand for its Teams collaboration software, which now has 75 million users Read more
8-month 'structured Lockdowns' Could Halve Economic Damage From The Coronavirus, Research Claims
AMERICA - Published date: .
Researchers at Cambridge University and the U.S. Federal Reserve Board found that imposing no lockdown measures in the f... Read more
Samsung Electronics Profit Slips On Virus, More Falls Forecast
Breaking - Published date: .
Samsung Electronics shares closed down 0.2 percent in Seoul at 50,000 won. Read more
Some Gig Workers Are Getting $0 In Unemployment Benefits
AMERICA - Published date: .
Gig workers and other self-employed individuals are trying to make sense of yet another wrinkle in a roundabout process ... Read more
The US Economy Has Wiped Out All The Job Gains Since The Great Recession
AMERICA - Published date: .
The jobless claims report showed that it took only five weeks for the U.S. economy to erase all the job gains since the ... Read more
We'll Come Out Stronger From This Situation: Infosys CEO Salil Parekh
Banking - Published date: .
Parekh said that as the situation improves, the company is 'extremely comfortable that we will emerge stronger' Read more
Reasonable Capacity Utilisation May Take A Quarter: ITC's Sanjiv Puri
Banking - Published date: .
FCMG companies have been grappling with multiple challenges - manufacturing, supply chain and manpower availability bein... Read more
SpiceJet Lessors In Talks To Reclaim Planes Over Missed Payments: Report
Banking - Published date: .
One of the leasing companies started to pull out a few planes earlier this year after SpiceJet failed to pay maintenance... Read more
Virgin Australia Collapses Under Coronavirus Strain
Breaking - Published date: .
The airline was more than Aus$5 billion ($3.2 billion) in debt and had appealed for a Aus$1.4 billion loan to stay afloa... Read more
Virus Lockdowns Send European Car Sales Down 55%
Breaking - Published date: .
All carmakers suffered, but Fiat Chrysler saw the worst drop, at 76.6 percent. Read more
'Can Promise' Morgan Stanley Will Miss Medium-term Financial Targets: CEO
Banking - Published date: .
The last of the big US banks to report first-quarter earnings, Morgan Stanley said its profit slumped by 30% and it miss... Read more
The US Economy Has Erased Nearly All The Job Gains Since The Great Recession
AMERICA - Published date: .
The jobless claims report showed that it took only four weeks for the U.S. economy to erase all the job gains in the las... Read more
Covid-19 Impact: Exide Cuts Pay By 15-30% Across Cadres, Lower Staff Spared
Banking - Published date: .
Situation will be reviewed end of Q1FY21; With no payment coming in from customers, firms has resorted to bank loans to ... Read more
Dr Reddy's Denies Reports It Is In Talks With Gilead For Covid-19 Antiviral
Banking - Published date: .
Patient groups urge govt to revoke Gilead's remedesivir patent in the wake of the crisis Read more
Google Slows New Hiring Due To Covid-19, Looks To Invest In Strategic Areas
Banking - Published date: .
This has been the most drastic action by the web search giant since the Covid-19 pandemic began battering its advertisin... Read more
Amazon's EU Head Resigns After French Court Orders To Limit Deliveries
Banking - Published date: .
Perticucci joined Amazon in 2013, according to his profile on LinkedIn, and his departure comes at a time when the compa... Read more
Fed Beige Book Says Economy Contracted 'sharply And Abruptly' Due To Coronavirus
AMERICA - Published date: .
Economic activity has fallen sharply due to measures taken during the coronavirus scare, with leisure and hospitality as... Read more
Americans Are Spending Their Coronavirus Stimulus Checks On Food, Gas And Paying Back Friends
AMERICA - Published date: .
New data shows the government's stimulus checks are providing much-needed relief to Americans struggling with day-to-day... Read more
60% Of Employers Have Reduced Hiring In The Last Month Due To Coronavirus, According To New Data
AMERICA - Published date: .
Since early March, roughly 60% of employers have decreased job openings due to the coronavirus, with almost 25% of emplo... Read more