The vital climate talks of the United Nations is being threatened of being sidelined maid the raging novel coronavirus pandemic even as governments and central banks across the world have seemingly failed to set out a green recovery from the… Read More ›
Economy & Finance
Saudi Arabia, Russia And Other OPEC+ Members To Extend Oil Cuts Till July
The decision last weekend of OPEC, Russia and allies to extend the deepest cut in oil production till the end of July is expected to have a positive impact on the global oil prices. Since the cuts were imposed bout… Read More ›
British Luxury Car Makers Bentley, Aston Martin And McLaren Cuts Thousands Of Jobs
The severe hit that the outbreak of the novel coronavirus has had o the sales of luxury cars all over the world has forced British luxury auto makers Bentley, Aston Martin and McLaren to lay off about 3,000 employees over… Read More ›
UK Arm Victoria’s Secret Sent Into Administration
The fashion brand Victoria’s Secret’s UK arm has been sent into administration which has put more than 800 jobs at possible elimination. All of the 25 stores of the company in the UK have been shut since the beginning of… Read More ›
Capital inflows into Singapore surges midst uncertainties in Hong Kong
Analysts are witnessing a record inflow of funds from abroad being funneled into Singapore bank accounts midst growing uncertainty into Hong Kong’s status as an Asian financial center. Singapore, a fierce competitor of Hong Kong, for being Asia’s premier wealth… Read More ›
India and Australia set to sign military logistics accord
On Thursday, in a significant development, officials from India and Australia said, the two countries are set to seal a military logistics pact during an online summit between Indian Prime Ministers Narendra Modi and Scott Morrison. The pact lays the… Read More ›
Work-from-home will reshape the fabric of cities: U.S. HR executives survey result
According to the results of a survey on large business associations, more than three out of four U.S. human resource executives opine that the work from home trend will continue to be in vogue even after the threat of the… Read More ›
India and China present investment grade opportunities in post-coronavirus world: BlackRock
On Wednesday, BlackRock, the world’s biggest asset manager said, oil stocks, domestic tourism and debt in India and China are investment opportunities in its Asia outlook. With $6.5 trillion of assets under management, BlackRock said, it expects the global economy… Read More ›
UK should provide access to capital to key strategic industries: Make UK
On Monday, Make UK, a UK trade body stated, the government should provide direct support to strategic manufacturing sectors and companies, including those in the steel, aerospace, and automotive space, to help through mitigate the coronavirus crisis. As Britain slides… Read More ›
Japan weighing options to open tourism sector to TPP-11 members
Japan is weighing its options on re-opening its tourism sector to select countries which have low levels of coronavirus infections. Japan has already eased restrictions put in place earlier this year to control the coronavirus outbreak, these include reopening of… Read More ›