Economy
World / Countries / MNCs
Delhi: Diplomats in Delhi are chuffed after Tripura received its first shipment that reached them from Kolkata via the Chittagong port in Bangladesh. The development, which took place on Thursday (July 23), is said to revive a historic route that was overlooked for nearly a century. more
'Temporary Basic Income' could slow COVID surge, provide lifeline for world’s poorest

The immediate introduction of a Temporary Basic Income for the world’s poorest people could slow the current surge in COVID-19 and enable close to three billion people to stay at ho ...

Amid fears of worst recession in decades, urgent calls for solidarity, a united economic front

New York: With multilateral cooperation under strain, senior UN officials, Nobel laureates and eminent academic experts, gathered virtually on Wednesday for the launch of a new report rec ...

World’s poorest being pushed ‘closer to the abyss’ of famine, warns WFP chief

New York: Hunger threatens to soar to devastating levels in 25 countries in the coming months due to the impact of the global COVID-19 pandemic, the World Food Programme (WFP) and Food an ...

Trudeau announces $14bln in federal funding for provincial COVID-19 economic restart

Ottawa/Sputnik: Prime Minister Justin Trudeau said on Friday that the federal government will provide $14 billion in funding for Canadian provinces and territories as part of its “s ...

Beijing's global domination bubble dwindling as cash dries up

Even as Beijing continues to announce grandiose plans and engage in skirmishes and conflicts with several neighbouring countries, experts believe that the Xi Jinping-led Communist Party o ...

‘Country-driven’ approach needed to limit COVID-19 damage to food security

New York: A ‘business as usual' approach is no longer an option, the head of the UN agriculture agency said on Tuesday, launching a new plan to move past the coronavirus pandemi ...

UK government bans companies from buying Huawei equipment for 5G networks - Minister

Moscow/Sputnik: The United Kingdom government will ban UK companies from buying Chinese telecommunications giant Huawei-produced equipment for 5G networks from the end of the year, Secret ...

Saudi Aramco says will restructure business on oil refining, marketing by end of 2020

Moscow/Sputnik: Saudi Aramco, the Middle Eastern oil giant, will reorganize its downstream sector – oil processing and marketing – by the end of 2020 to strengthen its global ...

Mexico loses over 900,000 jobs due to COVID-19 in first half of 2020

Mexico City/Xinhua: Mexico lost 921,583 jobs in the first half of 2020 largely due to the impact of COVID-19, the Mexican Institute of Social Security (IMSS) reported on Sunday.