China and India have driven much of the global growth since the global financial meltdown of 2008. But following the novel coronavirus pandemic, economic activity in both countries has plunged which has raised the risk of prolongation of the expected… Read More ›
India’s Serum Institute, the largest manufacturer of vaccines in the world by volume, could be the key to production of Covid-19 vaccines. This institute is currently working with a number of candidates for a vaccine for the novel coronavirus –… Read More ›
On Thursday, German airline Lufthansa stated, it is in advanced talks with the German government’s economic stabilization fund over a rescue deal worth up to $9.9 billion (9 billion euros); the deal potentially includes the German state taking a 20%… Read More ›
Banks in Europe will be asked to assess and then disclose the climate related risks of their lending portfolio by European Central Bank (ECB). This measure by the central bank of the European Union could also prompt EU based banks… Read More ›
A new research work in the United Kingdom has warned that the rate of gambling addiction could be much higher in the country than believed previously. The report also claimed that almost half of the people who have developed the… Read More ›
If the World Health Organization (WHO) did not commit to improvements within 30 days, all funding of the world body by the United States will be halted permanently, warned US President Donald Trump on Monday. Trump also threatened that he… Read More ›
A review conducted by Reuters on companies in the oil and gas sector has revealed that Europe’s top oil and gas companies believe that the novel coronavirus induced global health crisis will have a long-term drop in fossil fuel demand… Read More ›
Starting July, big internet companies will need to pay value-added tax on sales of digital products and services in Indonesia. Analysts say that this move could be followed up by other countries as countries try to find out ways and… Read More ›
After the latest round of negotiations between the United Kingdom and the European Union over post Brexit deals yielding little results, both the parties have urged that each one should conceded some ground in the negotiations for r a trade… Read More ›
The challenge that the Chinese economy faces from staging a complete recovery of its economy from the hit of the novel coronavirus pandemic became evident when figures came to the forefront that the rate of unemployment in the second largest… Read More ›
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