Business News

JPMorgan profit falls on Coronavirus loan provisions

The deadly virus outbreak has created a major stir around the world claiming the lives of over 110,000 people

Apr 14, 2020

By IBTimes APAC Desk

Coronavirus

Britain's economy to shrink by 35% in April-June period due to lockdown: Report

The deadly virus outbreak has created a major stir around the world claiming the lives of over 119,000 people

Apr 14, 2020

By IBTimes APAC Desk

Coronavirus

China's trade slump eases in March, but pandemic set to deepen export downturn

As the factories resume production in China, the export and import has slowly eased in March but shipment is set to shrink in the coming weeks

Apr 14, 2020

By Reuters

Coronavirus

IMF Managing Director Kristalina Georgieva

IMF announces debt relief to 25 countries; Here is the list of nations receiving funds

At least 60 countries are said to be spending more on paying debts than on public health sector even during the pandemic of coronavirus

Apr 14, 2020

By Suman Priya Mendonca

Coronavirus

Big economies will contract a whopping 35% this quarter, Goldman says in alarming note

A total lockdown has worked for many countries, but the resultant economic hardships are slowly rolling up on to every doorstep.

Apr 14, 2020

By Jacob J

Coronavirus

putin-calls-poisoned-ex-spy-skripal-a-traitor

Putin hints at using Russian army to tackle the spread of coronavirus

Putin shared the idea of taking help of the army to check the spread of the coronavirus in a televised meeting with his officials

Apr 14, 2020

By R. Ghosh

Coronavirus

Why China increased investments in Asia amid Coronavirus? Economy still stable?

China was one of the badly performed economy before the coronavirus is buying Asian shares, but its fall is not so much after pandemic, as per its own data. Reuters new poll shows otherwise

Apr 14, 2020

By Vinay B.S.

Coronavirus

Coronavirus: Amazon to put new customers on waitlist as online food delivery orders surge

Amazon has boosted order capacity by 60% and is adding more but is still struggling to meet demand of millions of Amazon Prime subscribers

Apr 13, 2020

By R. Ghosh

Coronavirus Amazon prime

Oil gains on OPEC+ deal, stocks stymied by pandemic worries

Investors are now looking to see if the novel coronavirus pandemic will soon peak in the United States and Europe

Apr 13, 2020

By Reuters

New York Coronavirus: Trump's friend Stanley Chera and photojournalist Anthony Causi died of COVID-19

US reported 557,300 Coronavirus infection cases, while New York City revealed that there are now more than 100,000 confirmed cases of the COVID-19

Apr 13, 2020

By Bhaswati Guha Majumder

Coronavirus

US officials hopeful about May 1 target to ease restrictions: Is it too early?

FDA Commissioner Stephen Hahn told ABC on Sunday, "We see light at the end of the tunnel." However, he said other factors need to be taken into consideration

Apr 12, 2020

By R. Ghosh

Coronavirus

Will oil price stay higher after Opec-Russia output reduction?

Russian, Saudi ministers to chair OPEC+ meeting on Sunday -Azerbaijan

The OPEC and non-OPEC online meeting later on Sunday, April 12, will be chaired by the Russian energy minister and Saudi Energy Minister says Azerbaijan energy ministry

Apr 12, 2020

By Reuters

Coronavirus

Airlines want US Treasury to scrap proposal to make some grant money repayable

US airlines have grounded more than 2,200 airplanes, a third of the fleet, canceled hundreds of thousands of flights and sought to shore up their balance sheets

Apr 12, 2020

By Reuters

Coronavirus