America approved an unprecedented $349bn in relief last month aimed at helping small firms through the…
Category: News
EU helps protect weak firms from foreign takeovers
The EU plans to help block foreign takeovers of European companies struggling with the virus downturn.…
Asian economies won’t grow this year, says IMF
Economies in Asia will see zero growth this year for the first time in 60 years,…
IMF head calls for Brexit trade talk extension
The IMF has suggested the UK and the EU should “not to add to uncertainty” from…
Asia Pacific markets little changed as IMF flags risk of severe global recession
Stocks in Asia were little changed in Wednesday afternoon trade as the economic impact of the…
Chinese giants Huawei and Tencent join national group on blockchain after Xi’s backing for the tech
China’s major technology giants are among a group of organizations that have joined a national committee…
Chancellor Sunak warns of ‘tough times’ for UK economy
A forecast by the UK’s tax and spending watchdog suggests the coronavirus crisis will have “serious…
‘World faces worst recession since Great Depression’
The global economy will contract by 3% this year as countries around the world shrink at…
Huawei urges UK not to make 5G U-turn after pandemic
Chinese telecoms company Huawei has said that disrupting its involvement in the rollout of 5G would…
World Bank warns South Asia’s economic growth to slump
South Asia faces its worst economic performance in 40 years because of the coronavirus, the World…
Pinterest shares jump as company issues early Q1 guidance
Shares of Pinterest jumped as much as 13% Tuesday after hours, after the company issued early guidance for…
Google’s G Suite now has 6 million paying businesses, up from 5 million in Feb. 2019
Google’s G Suite bundle of productivity software for businesses, schools and governments had over 6 million paying…