Economy
World / Countries / MNCs
California: The Chief Executive Officer of Apple, Tim Cook, has joined the billionaires club after the company's market value neared the USD 2 trillion mark, according to reports. more
China's BRI will certainly be plagued by delays: Expert

Amid COVID-19 pandemic spread and lockdowns, experts feel that China's Belt Road Initiative (BRI), which was previously known as the ‘One Belt One Road’ (OBOR), might not ...

Saudi Arabia defers to renew pact to supply oil to Pakistan on deferred payments

Islamabad: Saudi Arabia has not renewed an agreement with Pakistan which will allow oil supplies on deferred payments after that pact expired two months back, media reports said.

Covid-19 and floods will hold back China's economic recovery: Analysts

Beijing: The fresh wave of COVID-19 outbreak and the flood hitting the country might hold back China’s recovery from the pandemic as consumption and construction are likely to be hi ...

Disney Loses $4.7Bln Amid COVID-19 Pandemic - Financial Statement

Washington: The Walt Disney Company in a press release revealed that the company lost $4.7 billion in its third quarter of the fiscal year.

About 400 Japanese companies went bankrupt due to COVID-19 economic impact - Reports

Tokyo/Sputnik: The number of companies that went bankrupt in Japan due to the situation with COVID-19 has reached 400, the NHK broadcaster reported on Monday, citing the data by Teikoku D ...

Microsoft to Wrap Up Talks on Purchase of TikTok in September - Company Statement

Washignton/Sputnik: Microsoft plans to finish negotiations with ByteDance, the parent company of TikTok, on the purchase of the Chinese-based video-sharing app no later than September 15, ...

Ravages of acute hunger will likely hit six in 10 in Zimbabwe: WFP

New York: The World Food Programme (WFP) is urgently seeking more international support to prevent millions of Zimbabweans plunging deeper into hunger. The COVID-19 pandemic has aggravate ...

Trade pact could boost Africa’s income by as much as $450 billion: World Bank

New York: The African Continental Free Trade Area represents a major opportunity for countries to boost growth, reduce poverty, broaden economic inclusion and help “expand opportuni ...

Google extends work from home through June 2021

San Francisco/Xinhua: Google will allow most employees to work from home through June 2021 as COVID-19 cases continue to surge, according to a report by San Francisco Chronicle on Monday. ...