In a report, the South China Morning Post said, the United States and China are expected to set aside their differences and focus on the challenges of controlling and stopping the pandemic when leaders of the G20 nations hold talks… Read More ›
Economy & Finance
Japan sets up COVID-19 HQ, preparatory steps to declare state of emergency: Kyodo news agency
On Thursday, the Japanese government said, it is setting up a special headquarters for the Wuhan coronavirus, which could be activated as early as this afternoon, as it preps up efforts to fight the virus which has gone pandemic. Japan’s… Read More ›
Investors looking at 2007-2009 financial crisis models for when to jump back into markets
2008 models which were used by investment banks during the then financial crisis is back in the works. Investment banks are dusting off those models to gauge the right time to jump back in the stock markets which has fallen… Read More ›
UK Consumer Group Says Amazon And Ebay Doing Little To Prevent Covid-19 Profiteering
A consumer watch group has warned that sellers on the online platforms eBay and Amazon Marketplace are profiteering in the current time of the cornavirus pandemic and the two online market places are doing little to stop them. The group… Read More ›
Demand For ‘Corona Bonds’ Raised By Nine European Countries Amid Rising Deaths
In Europe, which has now been termed as the new epicenter of the coornavirus pandemic by the World Health Organization (WHO), there is increasing pressure on policy makers to announce new measures to address the economic impact of the pandemic…. Read More ›
UK Sandwich Chain Eat Permanently Shuts Shop After 24 Years
The once popular and currently struggling sandwich chain of the United Kingdom – Eat, will shut down completely and will not be seen on the high street of the country after Pret Manger, the owner of the brand, decided to… Read More ›
Lockdown Is Causing A Shift Among Gamblers From Sports To Riskier Alternatives
According to one of the United Kingdom’s biggest gambling websites, with the lockdown in several countries including the UK in order to prevent the spread of the coronavirus, there has been a shift of gamblers from wagers on sport to… Read More ›
Coronavirus Lockdowns Puts Millions Of Gig Economy Workers In Dilemma
The coronavirus pandemic has put an impossible choice for the millions of gig economy workers across the world – whether to ignore the lockdown and go out to work or stay at home and earn nothing. This was evident in… Read More ›
Concerns Over Shortage Of Global Drug Supply As India Goes Into Lockdown Due To Coronavirus
The global pharmaceutical supply chain, that has become heavily reliant on China and India, could get disrupted because of the coronavirus pandemic, warned analysts. This has been accentuated by India taking strong measures of social distancing to prevent the spread… Read More ›
U.S. SEC warns against opportunistic trading during Wuhan coronavirus market route
In an unusual statement that essentially underscores the chaos coursing through the financial markets, the U.S. securities regulator has warned corporate executives against insider trading. In a statement, the SEC said, company directors, consultants, officers, employees, and other outside professionals… Read More ›