Toyota To Make Face Masks In U.S. To Aid Coronavirus Battle
Toyota Motor Corp’s, North American unit said on Friday it would produce face shields, ventilators and respirators, as the death…
Category: World
Apple Works With White House To Release ‘COVID-19’ App, website
Apple Inc and the White House said on Friday that the iPhone maker worked with the Trump administration and federal…
‘Clear We Have Entered Recession’ – IMF Chief
The coronavirus pandemic has driven the global economy into a downturn that will require massive funding to help developing nations,…
Designer Brand Ralph Lauren To Make Masks And Gowns
Ralph Lauren is to start making medical masks and gowns – the latest designer brand to lend its support to…
Coronavirus: US Asks Foreign Doctors To Apply For Visa
The United States has asked medical professionals seeking to work in America to apply for a work visa at the…
European Shares Fall As EU Postpones Rescue Plan
The pan-European STOXX 600 index started the day about 2% lower, then fell further to trade down 3.7% at 1210…
Coronavirus To Cause Condom Shortage Worldwide
Malaysia’s Karex Bhd (KARE.KL) makes one in every five condoms globally. It has not produced a single condom from its…
Coronavirus: China bars foreign visitors as imported cases rise
China has announced a temporary ban on all foreign visitors, even if they have visas or residence permits. The country…
Russia calls for new enlarged OPEC deal to tackle oil demand collapse
A new OPEC+ deal to balance oil markets might be possible if other countries join in, Kirill Dmitriev, head of…
Coronavirus: Prime Minister Boris Johnson Tests Positive
Prime Minister Boris Johnson has tested positive for coronavirus. Mr Johnson said he developed mild symptoms over the past 24…
G20 leaders to inject $5 trillion into global economy in fight against coronavirus
Leaders of the Group of 20 major economies pledged on Thursday to inject over $5 trillion into the global economy…
Fed balance sheet tops $5 trillion for first time as it enters coronavirus war mode
The U.S. Federal Reserve’s balance sheet rocketed past $5 trillion in assets for the first time this week as it…
S&P, Moody’s Cut Credit Grades At Fastest Pace In A Decade
S&P Global Ratings and Moody’s Investors Service are downgrading U.S. companies at the fastest pace in more than a decade…
A Bull Market in Banks and Other Weird Facts of the Stock Bounce
Moves in stock sectors that ordinarily take months and years to play out are happening in days as investors struggle…
Technically Speaking, The Dow Just Rocketed Out Of A Bear Market
As ridiculous as it sounds, the Dow Jones Industrial Average just climbed out of the bear market it entered two weeks ago.
The Gold Market Is Being Tested Like Never Before
From South Africa’s ultra-deep mine shafts to vaults underneath London, from metals traders in New York skyscrapers to main street…
Coronavirus: UK Death Toll Jumps To More Than 100 In Largest Single Day Rise
The number of people to have died across the UK after contracting the Covid-19 coronavirus has increased to 104, health officials have confirmed. A…
Coronavirus: IMF, World Bank Suspend Debt Payments By Nigeria, Others
The International Monetary Fund and World Bank on Wednesday announced a hold on debt payments from Nigeria and other sub-Saharan Africa…
Breaking: US charges Venezuela’s President, Maduro with narco-terrorism
The US has charged Venezuela’s President Nicolás Maduro and other senior officials in the country with drug trafficking crimes. The…
Coronavirus: A Record 3.28million Americans File For Unemployment Benefits
A record number of Americans filed for their first week of unemployment benefits last week, as businesses shut down to…
Trump Wants To Reopen The American Economy By Easter
The president, who is concerned about the economic repercussions of an extended shutdown of nonessential business, said in a television…
Worldwide Smartphone Sales Dropped 14% in February
Global smartphone sales tumbled 14% in February as the coronavirus spread in China and overseas, Counterpoint Research said on Thursday,…
US markets close higher after emergency economy relief package
US markets gained again as Donald Trump and the Senate agreed a massive economic relief package worth more than $1.8…
The Worst Isn’t Over For China’s Economy
China’s economy was devastated by the novel coronavirus outbreak in the first two months of the year, according to data published Monday,…
Asian markets tread cautiously ahead of U.S. stimulus, jobs
Senate leaders hope to vote on the plan later on Wednesday in Washington, but it still faces criticism. The bill…
Flipkart, Indian’s Biggest Online Retailer Suspends Services
India’s biggest online retailers have sharply reduced their service after the government ordered a three-week lockdown on residents across the…
Fashion Brands Turn To Face Mask Production in Fight Against coronavirus
With stores closed, runway shows canceled and global supply chains disrupted, much of the fashion industry has been rendered idle…
India’s huge outsourcing industry struggles with work-from-home scenario
As the coronavirus pandemic pushes India into a lockdown, the call centers and IT services firms that function as the…
Prince Charles Tests Positive For Coronavirus
Prince Charles, the 71-year-old heir to the British throne, has tested positive for coronavirus but is in good health and…
Apple Is Donating 9 Million Masks To Combat The Coronavirus
Apple will donate 9 million N95 protective masks to combat the coronavirus, Vice President Mike Pence said on Tuesday, making…