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 Washington’s move to…
Category: World
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 second-largest economy still faces…
Slovenia Becomes First European Nation To Declare An End To Its Coronavirus Epidemic
Slovenia has become the first European country to declare its domestic coronavirus outbreak officially over. The country’s government confirmed in…
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 2019, official preliminary…
Oil Records Second Monthly Drop, Unsold Cargoes Increase
Crude oil in the Organisation of Petroleum Exporting Countries reference basket dropped for the second consecutive month in April, shedding…
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 prevent overcrowding as…
EU Pushes To Reopen Border Amidst Coronavirus
The European Union (EU) on Wednesday pushed to reopen internal borders and restart travel ahead summer season despite the increase…
China Denies US Accusation Of Vaccine Theft, Labels the Claim ‘Smearing’
Beijing has denied the US accusation that the Asian country was trying to steal US research on developing a vaccine…
The Jobs Recovery Could Be Choppy, With Some Coming Back Quickly And Others Lost Forever
TJ Wilson is no stranger to hunting for jobs. A consultant based in Los Angeles, Wilson often has a few…
U.S. Weekly Jobless Benefits To Stay Elevated As Coronavirus Layoffs Widen
The global novel coronavirus crisis continues to batter the U.S. labor market, with millions more Americans, including white collar workers,…
Trump Says Fauci Remarks on Risk To Reopening Economy Unacceptable
U.S. President Donald Trump on Wednesday described as not acceptable a warning given by top U.S. infectious disease expert Anthony…
Coronavirus: US Accuses China Of Hacking Coronavirus Research
China-linked hackers are targeting organisations researching the Covid-19 pandemic, US officials say. The FBI said it had seen hacking attempts…
Canada, U.S. Are Likely To Extend Travel Restrictions Until June 21
Canada and the United States appear likely to extend a ban on non-essential travel until June 21 amid the novel…
UK Economy Posts Sharpest Monthly Decline On Record
U.K. GDP (gross domestic product) contracted by 5.8% month-on-month in March, according to preliminary figures released Wednesday, as lockdown measures…
US Says It Won’t Use Ventilators Sent To It By Russia After Deadly Hospital Fires
The U.S. has said it will not use the Russian ventilators sent to it by Moscow while an investigation is…
Gilead Strikes Deal To Make Remdesivir Coronavirus Treatment In 127 Countries
Gilead Sciences has struck a licensing agreement with five generic drugmakers to make antiviral drug remdesivir in 127 countries, not including…
Fear Of Coronavirus Second Wave Stalks Stock Markets
Global stocks and oil prices fell on Wednesday as fears about a second wave of coronavirus infections gripped financial markets.…
England Tiptoes Out Of Full Lockdown As Economy Plunges
England tentatively began easing its coronavirus lockdown on Wednesday, with some people who cannot do their jobs at home urged…
Coronavirus Crisis Leads To Largest U.S. Consumer Price Decline Since 2008
U.S. consumer prices dropped by the most since the Great Recession in April, weighed down by a plunge in demand…
UK Furlough Scheme Extended By Four Months
The UK scheme to pay wages of workers on leave because of coronavirus will be extended to October, Chancellor Rishi…
Premier League Clubs May Have To Refund £340m To Broadcasters Even If Season Resumes
Premier League clubs have been told they could have to repay an estimated £340m to domestic and international broadcasters –…
U.S. Congress To Quiz Bank Regulators On Coronavirus Rule-Easing, Assistance
Lawmakers will quiz U.S. regulators this week on their efforts to help struggling consumers, oversight of massive federal bailout packages…
Trump Orders Federal Retirement Money Invested In Chinese Equities To Be Pulled
President Trump is moving to cut investment ties between U.S. federal retirement funds and Chinese equities, FOX Business has learned in a move that…
Once Taboo, Investors Begin To Imagine Negative U.S. Rates
Negative interest rates in the United States were once unimaginable. The coronavirus has changed that. While the Federal Reserve has…
Does Elon Musk Need California More Than California Needs Elon Musk?
Tesla Chief Executive Elon Musk did a big favor this weekend for anyone looking for a fresh source of entertainment…
As U.S. Meat Workers Fall Sick And Supplies Dwindle, Exports To China Soar
U.S. President Donald Trump ordered meat processing plants to stay open to protect the nation’s food supply even as workers…
More Americans Return To Work; Concerns Grow Of A Second Virus Wave
Factory workers began returning to assembly lines in Michigan on Monday, paving the way for the reopening of the U.S.…
Trump Says Not In Favor Of Reopening China Trade Deal
President Donald Trump on Monday said he is not in favor of the United States reopening negotiations with China on…
WHO Warns That Coronavirus Cases Have Jumped In Countries That Eased Lockdowns
Several countries that have lifted coronavirus restrictions and reopened businesses, including China, have seen jumps in coronavirus cases, underscoring the…
Chinese Investment In The U.S. Drops To Lowest Level Since Global Financial Crisis
Chinese investment in the United States dropped to $5 billion in 2019, a slight decrease from a year earlier and…