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Germany Urged to Review Huawei Role After UK Ban

Officials from the British Digital and Culture Ministry announced they were prohibiting companies from purchasing new equipment from Huawei . "Our governme...

Million Jobless Claims Filed Last Week

The weekly filings decreased only slightly from the previous week, when 1.31 million workers filed for unemployment for the first time. MA saw fewer than 25,0...

WPI inflation falls 1.81% in June, but food prices rise

Mr Annim said the monthly inflation on imported goods was 0.7 per cent while that of locally produced goods was 11 per cent adding that both percentages were ...

Wednesday's Lackluster Performance Leads to Early US Stock Market Weakness

The Nasdaq has repeatedly hit new records in recent weeks, but slid 0.7 per cent to end at 10,473.83. Apple contributed to the gains Wednesday, rising 0.7% afte...

Ottawa to spend $19B under 'safe restart' plan reached with premiers

He said the federal government will contribute $19 billion under the "Safe Restart Agreement". He said the money will target seven priority areas such as incr...

Another 1.3 million workers file new unemployment claims last week

Roughly 38,150 unemployment applications were filed during the week ending July 11, bringing the total to almost 1.4 million claims filed since mid-March, the s...

Amazon extends corporate work from home policy to 2021

But Amazon, with its 50,000-plus Seattle employees and significant development in the city's core, will undoubtedly lead more employers to consider abandoning t...

UK COVID Vaccine Reportedly Working - Here's What's Next

Adverse events, including fatigue, chills, headache, myalgia, and injection site pain, occurred in a majority of patients. Participants were aged 18-55 years ol...

Apple scores win in tax battle with EU

The European Commission on Wednesday unveiled plans to clamp down on tax regimes seen as unduly beneficial to big corporations in a move it said would aid E...

American Airlines notifies 25,000 workers of potential layoffs

American Airlines offcials said about 5,000 corporate employees were already cut in the first round of layoffs. American's announcement is similar to one from...

Taiwan fears China 'hostage diplomacy' through HK security law

Hong Kong, which was handed over to China by the British in 1997, has always been seen as China's last bastion of press freedom and is a base for many foreign...

China Is First Economy to Return to Growth in Coronavirus Pandemic

China's GDP arrives at +3.2% YoY in Q2, meets expectations. But it still was the weakest positive figure since China started reporting quarterly growth in the ...

India Posts First Trade Surplus in 18 Years as Coronavirus Hits Imports

Sharing a similar view, Rahul Bajoria, chief India economist at Barclays, said, a trade surplus may not last for long, nonetheless, trade deficits in India are ...

Moderna COVID-19 vaccine enters final-stage trial this month

The trials , which began in mid-June, involved volunteers consisting mainly of Russian military personnel, but also civilians. Side effects in this group incl...

Aussie PM Morrison: Real jobless rate higher than 7.4%

The participation rate increased by 1.3 percentage points from May to 64%, the most since April, as people not working because of the COVID-19 pandemic began se...

Fiat Chrysler and PSA Group rename merged automaker 'Stellantis'

Don't expect a vehicle bearing the Stellantis name in the future as both automakers said that the new name will be used exclusively at the corporate level. ...

Coronavirus: Chinese economy bounces back into growth

Retail sales shrank by 3.9%, but that was a marked improvement over the previous quarter's 19% contraction while millions of families were confined to their h...

Another 15,000 Scots seeking work over lockdown

The number of firms cutting jobs has accelerated in the past couple of weeks, with the likes of Airbus and Rolls Royce among many announcing big job cuts. "Job ...

Unemployment rate rose to 7.4% in June

Due to the survey timeframes, the positive effects of the easing of restrictions in WA will take time to be fully reflected in the data. Phase 3 allowed betwe...

SMIC debuts on China STAR market

The stock rose 2.2 per cent in Hong Kong on Thursday. United Microelectronics' market cap is 195.55 billion New Taiwan dollars ($6.64 billion). That would mak...

United States hails results from coronavirus vaccine trial

Experts say a vaccine is needed to put an end to the coronavirus pandemic that has sickened millions and caused almost 575,000 deaths worldwide. Of 19 in hu...

Number of workers on United Kingdom company payrolls slide 650,000 over coronavirus lockdown

Despite the scale of the economic shock inflicted by Covid-19, the latest snapshot from the United Kingdom jobs market did not reveal a dramatic rise in the off...

Moderna Vaccine Shows Promising Immune Response In Phase 1 Of Human Trial

For older adults who have taken part, the results are not yet public. The novel coronavirus that caused the pandemic emerged in China only in December. The de...

Singapore economy enters recession, Q2 GDP plunges record 41.2pc

On a quarter-on-quarter basis, the economy shrank a record 41.2 per cent in the three months to June - entering a technical recession for the first time since 2...

Oil prices slip after OPEC, allies agree to loosen supply curbs

Data from the Energy Information Administration showed USA crude inventories fell 7.5 million barrels last week, shrinking much more than the 2.1 million-barr...

US Fed warns of deep uncertainty amid resurgence in Covid19 cases

There is a great deal of uncertainty about the path ahead for the USA economy and the Federal Reserve should use forward guidance and large-scale asset purchase...

Fiat Chrysler - Groupe PSA merger to be named 'Stellantis'

The name Chrysler Group LLC emerged from the company's 2009 government-backed bankruptcy, which then gave way to Fiat Chrysler Automobiles in 2014. The comp...

Moderna Phase 1 results show coronavirus vaccine safe, induces immune response

While there are dozens of teams across the world working on a vaccine , from governments to private entities, to partnerships between the two, it appears that ...

Goldman profit blows past estimates on trading surge

The bank's shares jumped almost 6% as it posted a 93% surge in revenue in its trading business, including its best results in a decade in both equities and fixe...

Ethyl Benzene Industry Market Research Growth by Manufacturers, Regions, Type and Application, Forecast Analysis to 2025

The drivers and restraints are identified by current trends and historic milestones achieved by the market . The main intent of this report is to list down n...