Economy
World / Countries / MNCs
Beijing: China marked its lowest economic growth in a span of four decades in recent years. more
Sixth of Canadian small businesses consider closing for good, 2.4mln jobs at risk: Study

Toronto/Sputnik: A sixth of Canadian small businesses impacted by the COVID-19-related restrictions are contemplating closing for good, potentially putting 2.4 million jobs in jeopardy, t ...

UK think tank warns gov't peak of living standards crisis if COVID-19 benefits terminated

Moscow/Sputnik: The Resolution Foundation called on the UK government on Monday to not cancel the 20 pound ($27) uplift to Universal Credit benefits, warning that the worst hit of the pan ...

United Nations ESCAP partners with SEAF to launch the Women’s Economic Empowerment Fund

Bangkok: In early 2020, the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the Small Enterprise Assistance Funds (SEAF) formalized a partnership to cat ...

S Korean gyms, cafes sue government over losses amid COVID-19 restrictions: Reports

Moscow/ Sputnik: Hundreds of gym and cafe owners in South Korea have filed or will soon file for compensation to cover losses incurred due to the COVID-19 restrictions, the Yonhap news ag ...

United Nations launches a Women Enterprise Recovery Fund

Bangkok: The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the United Nations Capital Development Fund (UNCDF), with support from the Dutch Entreprene ...

Elon Musk becomes world's wealthiest person in Bloomberg Billionaires Index

Moscow/Sputnik: SpaceX and Tesla CEO Elon Musk overtook Amazon founder Jeff Bezos in the Bloomberg Billionaires Index (BBI), with his total net worth gone up by $13.6 billion to $195 bill ...

US weekly jobless claims barely changed at 787,000 in week to January 2: Labor Dept.

Washington/Sputnik: Some 787,000 Americans filed for jobless benefits last year, little changed from the previous week, Labor Department data showed on Thursday, as US job market recovery ...

World Bank expects global economy to expand by 4% in 2021

New York: The World Bank Group on Tuesday issued a guarded growth forecast for the global economy this year, saying that a four per cent overall expansion was likely, although the recover ...

Taiwan tightens noose on Chinese investments

Taipei: Taiwan's Ministry of Economic Affairs has  tightened control on Chinese investments in Taiwan due to national security concerns, media reports said.