Covid-19 Crisis

India’s factory growth rebounded in July, hiring resumed after 15 months

Factory activity in India bounced back in July as demand surged both at home and abroad, prompting companies to create…

4 years ago

Sydney’s lockdown is likely to be extended, and Delta variant cases are on the rise!

On Thursday, the COVID-19 Delta outbreak in Sydney, Australia's largest city, swelled by 239 cases, the pandemic's daily maximum surge,…

4 years ago

BASF reports second-quarter beat, says no Delta impact so far

The world's largest chemical producer BASF (BASFn.DE) reported a better-than-expected second-quarter net profit on Wednesday, saying the spread of Delta…

4 years ago

LVMH shares edge higher as sales and profits rise

LVMH's (LVMH.PA) shares eged higher on Tuesday after the world's biggest luxury goods group posted higher sales and profits, driven…

4 years ago

Japan’s Q3 growth forecast cut as new pandemic curbs hit: Reuters poll

Japan's economy will grow at a slower pace than initially expected in the third quarter, as fresh coronavirus emergency curbs…

4 years ago

After COVID revenue collapse, Canadian municipalities face insurance premium spike

Canadian municipalities reeling from a pandemic-driven hit to revenues are facing an added blow from surging liability insurance costs, forcing…

4 years ago

Virus variants threaten global recovery, G20 warns

An upsurge in new coronavirus variants and poor access to vaccines in developing countries threaten the global economic recovery, finance…

4 years ago

Euro zone recovery faces risks from virus mutations, ECB’s Lagarde says

The euro zone economy may well avoid the most pessimistic scenario envisaged at the start of the COVID-19 pandemic but…

4 years ago

Boom! U.S. consumers hit by rising prices for Fourth of July fireworks

U.S. consumers already grappling with surging prices for air fares, rental cars and some hotels this Independence Day holiday weekend…

4 years ago

Global companies’ capex to hit decade-high growth this year -Refinitiv data

Global companies are set to ramp up their expansion plans this year, after being bogged down in the last few…

4 years ago