According to a source from the Brazilian government, Brasilia has selected Andre Brandao, the current head of global banking and markets for the Americas at HSBC, as the new of its central bank – Banco Brasil SA. Brandao, an investment… Read More ›
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Europe’s Economy Suffers Record 11.9% Slump In GDP Reported By EU For Second Quarter
The novel coronvirus pandemic hit the European economy very hard during the second quarter with a contraction of 11.9 per cent s the economy was pushed into a deep recession. In terms of the quarter-on-quarter contraction in the GDP of… Read More ›
South Koreans Worried Of Covid-19 Infection Microwaves Currencies Causing Surge In Damaged Cash
A large number of South Koreans who are worried of getting infected with the novel coronavirus by touching on currency noted laced with the virus are putting banknotes in their microwaves and washing machines which is damaging the bills, as… Read More ›
“Explosive” Purchasing By China Of US Farm Goods Needed To Meet Phase 1 Trade Deal Target
While it may not be impossible, it certainly is looking like a big, big stretch – the pledge of China to purchase far goods from the United States worth $36.5 billion this year with almost seven months of the year… Read More ›
Central Europe’s Covid-19 Recovery Could Be Stalled By Auto Industry
The main drag for the efforts in central Europe to stage a recovery from the novel coronavirus pandemic hit to the economy could be the auto industry which has for long been a driver of economic growth of the region…. Read More ›
Worst Quarterly Contraction Since Second World War Recorded For Second Quarter in US
The sharpest contraction in since the Second World War in the United States economy was reported for the April to June quarter at an annual rate of 32.9 per cent year on year, according to government figures released by the… Read More ›
Aldi’s Expansion Drive In UK To Create 1,200 New Jobs This Year
In what was a rare piece of good news for job seekers amidst the severely hit global economy because of the novel coronavirus pandemic, German based supermarket chain Aldi announced its plans to hire 1,200 new employees during the rest… Read More ›
Dozens Of British Firms Pledge Increase Workforce Diversity And Black Staff
Dozens of British businesses, including names such as Barclays and Deloitte will be hiring black employees to increase diversity within their workforce. A commitment to this effect was made by the businesses in an open letter. In the letter the… Read More ›
India Bans More Chinese Apps For The Second Time In As Many Months
With increasing tensions between the two most populous countries of the world – India and China, New Delhi put a ban on dozens more apps that are owned by well-known Chinese companies as well as reviewing hundreds of others owned… Read More ›
Covid-19 Misinformation Viral Video Finally Removed By Facebook, Twitter And YouTube
Authorities at Facebook, Twitter, and YouTube allowed a very controversial video that was filled with misleading information on the novel coronavirus pandemic to go viral prior to puling it down form their social media platforms. A right-wing media outlet Breitbart… Read More ›
