UK Payrolls Dropped By 600,000 During March-May, But Jobless Picture Muddled By Wage Subsidy Scheme
Nearly 3 million Britons have filed for unemployment benefits
Tuesday’s Stock Market Open: US Equities Jump On Trump’s $1T Infrastructure Plan, Surge In May Retail Sales
U.S. stocks gained on Tuesday as traders cheered potential new stimulus
Monday’s Stock Market Close: US Equities Reverse Course, Gain On Fed Plan To Buy Corporate Bonds
U.S. stocks gained on Monday as the Fed announced new purchase program
UK Building Supply Firm Travis Perkins To Cut 2,500 Jobs, Close 165 Stores, Bracing For Recession
The company expects demand to remain weak for two years
Germany’s Commerzbank Planning More Job Cuts, Branch Closures To Slash Costs
Commerzbank has faced repeated criticism from U.S. based shareholder Cerberus
Climate Change: BP Writes Down Up To $17.5 Billion, Forecasts Low Oil, Gas Prices Through 2050
BP has drastically altered its long-term plans and goals
Monday’s Stock Market Open: US Equities Plunge On Fears Of Second Covid-19 Wave In US
U.S. stocks dropped on Monday as businesses reopen but coronavirus cases spike
Friday’s Stock Market Close: US Equities Finish Higher In Volatile Trading Session, Yields Jump
U.S. stocks rose on Friday following an 1,860-point plunge in the Dow on Thursday
Is A Boycott Of Chinese Made Products A Good Idea For India?
CAIT wants to reduce the volume of imports from China to $13 billion by December 2021.
Japan May Allow Immigration Of Hong Kong Financial Sector, Specialized Workers
Japan has criticized China’s security law in Hong Kong
Coronavirus Economy: Britain’s GDP Tanked By 20% In April As Lockdown Paralyzed Almost All Sectors
U.K. gross domestic product fell by 10.4% from February to April
Friday’s Stock Market Open: US Equities Rebound From Thursday’s Massive Selloff
U.S. stocks rose on Friday following an 1,860-point plunge in Dow on Thursday
Coronavirus Economy: US Corporate Bankruptcies Surged 48% In May
Analysts predict bankruptcies will continue to accelerate this year
Thursday’s Stock Market Close: US Equities Crater, Dow Plunges 1,860 Points in Worst Session Since March
U.S. stocks plummeted on Thursday as another 1.54 million people filed for unemployment claims
Alaska Airlines Plans To Cut Up To 3,000 Jobs, Seeks To Resize, Streamline Operations
The airline has a total of 23,000 workers
British Airways Forced To Sell Pricey Artwork To Raise Cash Amid Covid-19 Devastation
The airline will initially sell 10 pieces through Sotheby’s auction house
Thursday’s Stock Market Open: US Equities Plunge On Fears Of New Covid-19 Outbreak, Another 1.54M File Jobless Claims
U.S. stocks fell on Thursday as another 1.54 million people filed for unemployment claims
British Gas Parent Centrica To Cut 5,000 Jobs, With Heavy Impact On Management
The company plans to eliminate three layers of management
Indian Company Wins Contract To Build World’s Largest Solar Power Project
Adani Green wants to become India’s dominant renewable energy player
Wednesday’s Stock Market Close: US Equities Close Mixed As Fed Will Keep Rates Near Zero Through At Least 2022
U.S. stocks were mixed on Wednesday as OECD warned of severe global recession.
Coronavirus Economy: Hispanic Women Among The Hardest Hit By Job Losses
Hispanic unemployment has surged since February
Indian Banks Increasingly Offer Gold-Backed Loans As Alternative Lending During Pandemic
India is the world’s second largest consumer of gold after China
Global Economy Facing Deep Recession, Long Painful Recovery: OECD
OECD provided outlooks for two different scenarios, one included a second outbreak of virus
Wednesday’s Stock Market Open: US Equities Drifting Ahead Of FOMC Statement, Nasdaq Above 10,000
U.S. stocks opened on Wednesday as OECD warned of severe global recession.
Tuesday’s Stock Market Close: US Equities Finish Mixed, Nasdaq Flirts With 10,000 Mark
U.S. stocks closed mixed on Tuesday as tech shares gained but traders took profits elsewhere
UAE On Brink Of Launching Arab World’s First Space Mission To Mars
UAE hopes to build human settlements on Mars by 2117.
UK, Japan Begin Historic Trade Negotiations In A Post-Brexit Landscape
Bilateral trade between the U.K. and Japan amounts to $40 billion annually
France’s Economy May Shrink 10%, Shed 1 Million Jobs This Year: Central Bank
The unemployment rate is expected to reach 11.8% by mid-2021
Cathay Pacific To Receive $5 Billion State-Backed Bailout, But Longer Term Outlook Cloudy
The Hong Kong government will receive 6% stake in airline
Tuesday’s Stock Market Open: US Equities Fall As Traders Take Pause From Recent Rally
U.S. stocks rose on Tuesday as World Bank warns of historic drop in global GDP this year.