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World Bank Extends COVID-19 Emergency Support To 100 Countries
The World Bank on Tuesday said it had extended emergency support in the campaign against the COVID-19 pandemic to…
Trump ‘Considering’ Travel Ban After Brazil Suffers Deadliest Coronavirus Day On…
resident Donald Trump said he is considering imposing a travel ban on Brazil, following the South American…
Pence Says He Isn’t Taking Unproven Hydroxychloroquine Treatment For Coronavirus
Vice President Mike Pence said Tuesday he is not taking hydroxychloroquine as a preventive treatment for the…
Coronavirus: New Car Registrations In Europe Fall 76% In April
European car sales fell dramatically in April as coronavirus lockdowns in the region closed car dealerships and…
Over 4 Million Americans Are Now Skipping Mortgage Payments
Fewer Americans are calling their mortgage servicers to ask for relief from mortgage payments, but the housing…
Nigeria: Blue-Chip Firms Dominate As Investors Gain N37bn
Transactions on the floor of the Nigerian Stock Exchange on Monday halted marginal negative sentiment witnessed…
Low Oil Demand Faces Further Threat From Electric Vehicles
Oil companies may be facing uncertainty as the coronavirus pandemic triggers a collapse in demand for their…
How Post-Pandemic Office Spaces Could Change Corporate Culture
By now it’s very clear that the coronavirus pandemic will change the way we work in offices — perhaps indefinitely.…
Coronavirus: UK Jobless Claims Increased By 70% in April
The number of people claiming unemployment benefits in the U.K. soared in April, as the coronavirus outbreak…
Germany, France Propose 500 Billion-Euro EU Economic Recovery Fund
The leaders of Germany and France proposed Monday a 500 billion-euro ($543 billion) recovery fund for European…
Japan Slips Into Recession As Coronavirus Takes Toll
Japan has fallen into recession for the first time since 2015 as the financial toll of the coronavirus continues to…
UK Aims To Roll Out 30 Million Doses Of Coronavirus Vaccine By September
The U.K. could roll out 30 million doses of a Covid-19 vaccine as early as September, according to the British…
As Oil Prices Continue To Slump, Saudi Arabia Increases Taxes And Cut Spending
Saudi Arabia’s economic downturn is about to worsen. Already reeling from the slump in oil prices and lockdowns…
A Month After Negative Oil Prices, U.S. Crude Contracts Expiry Looms
A month after sellers had to pay nearly $40 a barrel to get rid of U.S. oil futures, the next watershed moment…
Italy Looks To Reopen Borders Next Month As Lockdown Measure Ease
Italian Prime Minister Giuseppe Conte outlined a further loosening of movement restrictions on Saturday, including…
How The Pandemic May Change The Way We Grocery Shop
Gone are the days of leisurely browsing the aisles of grocery stores.
Instead, customers are getting used to new…
Coronavirus: Millions Of Americans Could Retire Into Poverty
Labor economist Teresa Ghilarducci began studying retirement in 2008, when the Great Recession was making it…
How Would Negative Interest Rates Affect Mortgages?
The Federal Reserve hasn't left itself much room to keep using interest rates to battle the coronavirus, which Fed…
Trump Administration Reportedly Set To Restore Partial Funding To World Health…
U.S. President Donald Trump’s administration is set to restore partial funding to the World Health Organization,…
China Asks United States To Stop ‘Unreasonable Suppression’ Of Huawei
China’s foreign ministry said on Saturday the United States needed to stop the “unreasonable suppression” of…
House Democrats Pass $3 trillion Coronavirus Relief Package
House Democrats on Friday passed a $3 trillion coronavirus relief package, unprecedented spending Senate…
Mike Bloomberg Plots Spending Blitz To Support Joe Biden’s Run For President
Billionaire and former presidential candidate Mike Bloomberg is plotting a massive spending blitz to back Joe…
Could Jeff Bezos Really Become The World’s First Trillionaire By 2026?
Jeff Bezos is already the world’s wealthiest person by a healthy margin and he’s the founder and CEO of one of…
Saudi Oil Rush Threatens To Disrupt Stabilizing U.S. Market
An armada of tankers filled with Saudi Arabian crude steaming toward the U.S. threatens to prevent America’s oil…
China Ready To Put Apple, Other U.S. Companies In ‘Unreliable Entity List’
China is ready to put U.S. companies in an "unreliable entity list," as part of countermeasures against…
China’s Unemployment Rises As Coronavirus Wrecks More Havoc On Economy
The unemployment rate in China remained near historic highs in April, highlighting the challenges the world’s…
Slovenia Becomes First European Nation To Declare An End To Its Coronavirus…
Slovenia has become the first European country to declare its domestic coronavirus outbreak officially over.
The…
German Economy Posts Sharpest Contraction Since The Financial Crisis
German GDP (gross domestic product) shrank by 2.2% in the first quarter compared to the final three months of…
Oil Records Second Monthly Drop, Unsold Cargoes Increase
Crude oil in the Organisation of Petroleum Exporting Countries reference basket dropped for the second consecutive…
UK Announces £1.6bn Bailout For London’s Transport System
The British government will pump £1.6 billion into London’s public transport system to restore services and help…