Australia’s economy has plunged into its first recession in nearly 30 years, as it suffers the…
Category: News
India GDP shows worst quarterly slump in decades
India’s economy contracted sharply in the three months to the end of June, official data shows.…
Zoom revenues skyrocket as profits double
Popular videoconferencing app Zoom has seen its revenues skyrocket as second quarter profits more than doubled…
Lookfantastic owner The Hut Group plans £4.5bn listing
The online retail firm which owns the Lookfantasic beauty website plans to sell shares to the…
The airline founder building Asia’s next super app
AirAsia’s founder Tony Fernandes is building what he hopes will be the region’s next “super app”…
Trump or Biden? It doesn’t matter for China’s firms
The Democratic and Republican National Conventions are typically an opportunity for US voters to get a…
Walmart joins Microsoft in bid for TikTok’s US operations
The US retail giant Walmart has said it will team up with Microsoft to make a…
Gatwick Airport plans to cut 600 jobs due to coronavirus
Gatwick Airport has revealed plans to cut a quarter of its workforce due to the impact…
Rolls-Royce reports record loss as travel slumps
Engineering giant Rolls-Royce, which makes jet engines, has reported record losses after the coronavirus pandemic caused…
American Airlines cuts 19,000 jobs amid travel slump
American Airlines has said it will cut 19,000 jobs in October when a government wage support…
UK economy worst hit in OECD
The UK was the hardest hit by Covid-19 among major economies from April to June, the…
Carmakers urge FTC to fight Qualcomm ruling
A group of carmakers and tech firms is urging US regulators to take further action against…