Business News

Trump threatens postal service to raise shipping charges for Amazon or he will block aid

Trump has asked USPS to raise shipping charges by four times, as he believes that the department has been too lenient on online retailers

Apr 26, 2020

By R. Ghosh

Coronavirus Amazon prime

US deficit could top $3.7 trillion due to recession and coronavirus stimulus: CBO

US gross domestic product is estimated to shrink by almost 40% on an annualized basis in the second quarter

Apr 25, 2020

By R. Ghosh

Coronavirus

Philippine economy to suffer first annual contraction in more than 2 decades due to Coronavirus crisis

The deadly virus outbreak has created a major stir around the world in recent times claiming more than 190,000 lives

Apr 25, 2020

By IBTimes SG Desk

Coronavirus

FDA warns against chloroquine, hydroxychloroquine after poisoning and death reported

FDA warned doctors not to prescribe the drugs to treat Covid-19 patients outside of a hospital after learning of "serious heart rhythmic problems"

Apr 25, 2020

By R. Ghosh

Coronavirus

Thai government likely to bail out eight airlines with $770 million aid

Thailand's finance ministry said that it has agreed in principle with the lifeline measures but has sought additional details from the airlines

Apr 24, 2020

By R. Ghosh

Coronavirus

Gold heads for weekly gain as growth fears boosts demand

Central banks have adopted massive monetary measures for limiting the economic damage as most countries extend lockdowns to contain its spread

Apr 24, 2020

By IBTimes APAC Desk

Coronavirus

Oil on course for steep slide in week of historic turmoil

Meanwhile, US legislators approved a nearly $500 billion bill for the relief from the pandemic for providing support to small businesses and hospitals

Apr 24, 2020

By Reuters

Coronavirus

Automation Anywhere launches new RPA solutions to respond to global Coronavirus pandemic

A $500,000 RPA scholarship fund has been set up for individuals looking to learn RPA skills to add value to communities in need and accelerate the development of COVID-19 solutions

Apr 24, 2020

By IBTimes SG Desk

Coronavirus

Monaco-based investor James Richman among the super-rich supporting COVID-19 frontliners

The contributions of the world's billionaires have been massive. Yet, the donations are still dwarfed by the extremely huge demand for funding of the different sectors that combat the spread of the COVID-19 pandemic

Apr 24, 2020

By IBTimes SG Desk

Coronavirus