Business News

US Manufacturing Activity Pulls Off 11-year Low: ISM

The Institute for Supply Management (ISM) said on Monday its index of national factory activity rose was the lowest level since April 2009

Jun 1, 2020

By Reuters

Eli Lilly Becomes First Drugmaker to Start Human Trial of Antibody Treatment to Fight Coronavirus

The study will assess safety and tolerability in patients hospitalized with COVID-19 and the results are expected by the end of June.

Jun 1, 2020

By R. Ghosh

Coronavirus

President Trump is Stuck With Phase 1 China Trade Deal: Here's Why

Canceling the deal would reignite the nearly two-year US-China trade war at a time US unemployment is at its worst since the 1930s Great Depression.

Jun 1, 2020

By Reuters

Facebook Employees Question Why Company Took no Action Against Trump Post

Facebook employee not proud of the company on how it reacted to the controversial post by Donald Trump

Jun 1, 2020

By IANS

Facebook Mark zuckerberg

From Joe Biden Win to Future of US Dollar, Impact of US Protests on Markets: Analysts' View

Analysts from Tokyo and Singapore comment on the what the US unrest following George Floyd's death means for the financial markets.

Jun 1, 2020

By Reuters

Meet Kanthi Dutt, an entrepreneur who proves that age is no bar to success

It's been a roller coaster ride ever since I've started! Gaining knowledge from what we do is a more effective time than what you learn/know out of books Kanthi says.

Jun 1, 2020

By IBTimes SG Desk

Wall Street Week Ahead: Investors Eye Consumer Discretionary Stocks as US Reopens

A gradual lifting of lockdowns in some American states has stirred hopes for a bounce-back for the retailers that make up much of the sector

May 31, 2020

By Reuters

Trump Won't Invoke Control of National Guard to Quash George Floyd Riots: National Security Advisor

The National Guard was earlier federalized for the purposes of Washington's interventions abroad, including the 2003 Iraq War.

May 31, 2020

By R. Ghosh

Renault Chairman Dismisses Fears Over Potential Maubeuge Closure

The recovery plan that will eliminate 4,600 jobs in France, aims to consolidate the Maubeuge site's vehicle production with that of the nearby Douai plant

May 31, 2020

By Reuters

Coronavirus

Amazon Removes Racist Messages Appearing in U.K. Listings After Being Slammed on Twitter

As users in the U.K. typed 'Airpods' on Amazon, they found that pictures of some products were displaying racist messages.

May 31, 2020

By R. Ghosh

Amazon prime

Coronavirus Pandemic Could Leave 54 Million US Citizens Without Food, Reveals New Analysis

Chief operating officer of the Three Square food bank in Las Vegas revealed that 'People are going to go hungry, that's the truth'

May 31, 2020

By Bhaswati Guha Majumder

Coronavirus

China's May Factory Activity Cools as Weak Demand Curbs Output

While most businesses have reopened, many manufacturers are struggling with reduced or cancelled overseas orders

May 31, 2020

By Reuters

Coronavirus

Thailand's Parliament Approves $58 Billion Economic Package to Ease Virus Impact

Thailand began this month to gradually ease some restrictions introduced to contain the novel Coronavirus

May 31, 2020

By Reuters

Coronavirus

UK to Launch Big Stimulus Package Ahead of Summer due to Coronavirus Crisis: Report

The deadly virus outbreak has created a major stir around the world in recent times claiming the lives of more than 365,000 people worldwide

May 30, 2020

By IBTimes APAC Desk

Coronavirus

Will Kylie Jenner's 'Web Of Lies' Lead Her To Legal Trouble?

Forbes, which declared Kylie Jenner as the youngest self-made billionaire, has struck her off the billionaire's club, drawing reaction of the social media and reality TV star

May 30, 2020

By Shubhangi Shah

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