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 ›
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JAMA Study Finds Just Two Weeks Taken For Recovery For Most Kids With Covid-19
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 ›
Starbucks set to launch new plant-based lunch menu in China
In a statement Starbucks Corp said, it would roll out its new plant-based lunch menu in China later this this week, and launch Beyond Meat Inc’s products in the country. Starbucks Corp, the world’s biggest coffee chain, has reopened the… Read More ›
Furloughs, Layoffs Or Wage Cuts Threaten About 60 Million Europeans: McKinsey Report
According to a latest report by McKinsey, the coronavirus pandemic in Europe could threaten jobs of almost 60 million people across the European Union and the United Kingdom. If the pandemic is not contained soon enough, the rate of unemployment… Read More ›
Germany’s Coronavirus Related Stimulus Package Is Far Greater Than All Other Countries
According to a conclusion of a new study, much more money, on a relative basis, is being spent by Germany than many other countries such as the United States in its efforts to counter the economic impact of the novel… Read More ›
Forecast For Global Recession May Be Optimistic, Says IMF Chief
For the relatively new managing director of the International Monetary Fund, Kristalina Georgieva, a tricky question is set to cloud clarity of strategy formation – how does a bp0dy such as the IMF co-ordinate economic policy across the world when… Read More ›
Falling Global Oil Prices To Cause Sharp Decline In US Shale Production
The collapse in the global oil prices is expected to reduce the production of shale oil by more than 2 million barrels a day because many of the oil producers in the country have been forced to shut down their… Read More ›
Global Economy Could Face A ‘Double Recession’ Due To Coronavirus
The IMF has already warned that the impending global economic recession because of the coronavirus pandemic is likely to be worse than the 2008 global financial crisis and at par with the Great Depression of the 1930s. . But according… Read More ›
Post-Brexit Trade Talks Could Be Derailed By The Coronavirus Crisis
According to analysts, the coronavirus pandemic raging through Europe threatens to slow down official talks on Brexit which makes it unlikely that the United Kingdom will be able to come to a formal agreement with the European Union on a… Read More ›
Half Of The World’s Countries Have Asked For Emergency Funds, Says IMF
Appeals for granting emergency loans from the International Monetary Fund have been made by almost half of the countries of the world to help them to counter the sharp economic crisis that has been imposed by the global coronavirus pandemic…. Read More ›