The impact of the coronavirus pandemic on consumer demand and exports in South Korea forced its economy into the most severe contraction since the 2008 financial crisis. Analysts fear that the worst for the economy is yet to come. According… Read More ›
The economic impact because of the novel coronavirus pandemic on the American economy continues to pile up – evident from a fresh batch of about 4.4 million Americans filing for unemployment benefits last week. The total; number of applications for… Read More ›
According to three U.S. sources, China is preparing to purchase 30 million tonnes of U.S. crops for stockpiling to help protect itself from supply chain disruptions due to the coronavirus pandemic. The potential move is also in line with its… Read More ›
In an attempt to minimize its dependency on China, the global rare earth leader, the U.S. government plans to fund domestic rare earths projects. Rare earths are a group of 17 minerals used widely in a plethora of consumer electronics… Read More ›
According to Japanese daily Yomiuri, Nissan Motor Co, Renault SA and Mitsubishi Motors Corp are set to draft plans to deepen the alliance next month, including the joint development of more electric vehicles (EVs) and self-driving technology. The three companies… Read More ›
Reeling under a load of debt and in a state of shock from the supply demand gap in what is probably the worst ever crisis to his the oil industry, U.S. shale producers, pipeline and refineries are scrambling to preserve… Read More ›
The French government wants that its forthcoming coronavirus contact-tracing app be allowed to work in the background of iPhones without the use of the kind of privacy measures that the United States based Apple Inc is stressing. The development was… Read More ›
According to a study published in JAMA Pediatrics on Wednesday, only mild symptoms are developed in most kids infected with the coronavirus and the infected children typically recover completely within just two weeks. The study however also noted that some… Read More ›
In yet another lawsuit against the Chinese government that has resulted as a result of the coronavirus which emerged from Wuhan China, the office of Missouri’s Attorney General Eric Schmitt stated, it had filed a lawsuit in the U.S. District… Read More ›
According to a report from the Wall Street Journal, Expedia Group Inc, an online travel services company, is in advanced talks to sell a stake to private-equity firms Silver Lake Partners and Apollo Global Management Inc for around $1 billion…. Read More ›
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