Business News

US Treasury Sends Coronavirus Relief Money to Millions of Dead People; Scrambles to Find if Checks Were Cashed

The checks were mistakenly sent to the deceased because only the IRS had access to the Social Security Administration's full set of death records.

Jun 26, 2020

By R. Ghosh

Coronavirus

Harvard graduate and TEA Worldwide CEO discusses modern entrepreneurship

Our company philosophy is to provide an all-encompassing service, always empowering our clients." –Mr. Ancira states.

Jun 25, 2020

By IBTimes SG Desk

Philanthropreneur Roy Tabet talks about his journey, says each and every one has taught me something in life

Roy says, "I've always been blessed, but that doesn't mean I haven't struggled. I've had my ups and downs and learned how to ask for help. I've been supported, which has taught me how to support.

Jun 25, 2020

By IBTimes SG Desk

The compassion exhibited by Aditya Belnekar, a venerated entrepreneur, is impelling

The founder of "TEAMWIZARDMEDIA", Belnekar is one with unprecedented and unrivaled expertise

Jun 25, 2020

By IBTimes SG Desk

EasyJet raises $520 million to Boost Coronavirus-Hit Finances

Airlines are hoping Britain agrees on the travel deals with other nations to allow restriction-free movement between few European countries

Jun 25, 2020

By IBTimes APAC Desk

Coronavirus

Oil Falls Below $40 on Record US Inventories, COVID Fears

The U.S. crude stocks rose 1.4 million barrels to a record high, the Energy Information Administration mentioned on Wednesday

Jun 25, 2020

By Reuters

Singapore Chooses Ericsson and Nokia over China's Huawei to Build its Main 5G Networks

Singapore plans to cover half the city-state with 5G signals by end-2022, and the entire island by 2025.

Jun 25, 2020

By R. Ghosh

Huawei 5g

Reliable Technical Indicators in the Current Market

Financial markets whipsaw wildly from one day to the next, making it virtually impossible for anyone to predict what will happen on the day. Which technical indicators can provide guidance?

Jun 25, 2020

By IBTimes SG Desk

Qantas Cuts 6,000 Jobs;, Additional 15,000 Workers to Remain Furloughed

The Australian airline intends to raise up to $1.3 billion of equity; will ground 100 aircraft for up to 12 months.

Jun 25, 2020

By Reuters

Coronavirus

US Company GNC Files for Bankruptcy, May Close 1,200 Stores And Sell Itself

The 85-year-old company plans a "dual-path" restructuring where it would either be sold or improve its balance sheet

Jun 24, 2020

By Reuters

IMF Predicts Deeper Global Recession Because of Coronavirus Pandemic

A recovery in 2021 also will be weaker, with a global growth forecast at 5.4% for the year compared to 5.8% in the forecast for April

Jun 24, 2020

By IBTimes APAC Desk

Coronavirus

Syrian President Bashar al-Assad visits air base in western Syria

No Sweet Victory for Bashar Al-Assad as Economy Collapses And US Sanctions Hit

Bashar Al-Assad's hopes of rehabilitation have been put on ice by new U.S. sanctions that will likely scare off all but his closest friends

Jun 24, 2020

By Reuters

Gold Shines as Coronavirus Surge Unnerves Investors

The sell-off in European shares deepened, with the pan-European STOXX 600 down 1.6%, heading for the worst day in almost three weeks

Jun 24, 2020

By Reuters

Oil Falls on Rising Stocks, Worries of New Virus Wave

A rising number of COVID-19 cases in the United States, China, Latin America, and India has unnerved the investors

Jun 24, 2020

By Reuters

Philippines Probing People Linked to Wirecard Saga, Ex-Board Member 'May Still be Here'

Justice Secretary Menardo Guevarra mentioned that he had instructed state investigators to coordinate with the central bank's anti-money laundering council

Jun 24, 2020

By Reuters

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