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British no-frills airline EasyJet said on Thursday that it will axe up to 4,500 jobs, or almost a third of its workforce, as coronavirus ravages demand and grounds global...
India’s stringent lockdown norms have lasted longer than expected, said Fitch Ratings as it further reduced India’s GDP forecast to (-) 5 per cent from an earlier projected growth...
Days after the Reserve Bank of India (RBI) said that India’s GDP growth for the financial year 2020-21 may remain in the negative territory, CRISIL has projected that the...
Australian Prime Minister Scott Morrison on Tuesday called for an ideological truce between employers and workers to revive the country's A$2 trillion ($1.3 trillion) economy, which has been badly...
Latin America's largest airline LATAM filed for bankruptcy in the US on Tuesday, the company said in a statement, following a drastic slump in business caused by the coronavirus...
Enda Curran, Tribune News Service As sections of the global economy tip-toe toward reopening, it’s becoming clearer that a full recovery from the worst slump since the 1930s will...
A measure of British public debt leapt to close to 100% of the country’s economic output in April, its highest in nearly 60 years, and retail sales slumped by...
Gulf Today, Staff Reporter The Commercial Compliance & Consumer Protection (CCCP) sector in Dubai Economy has implemented a new inspection campaign for shops and commercial establishments during the current...
Nick Wadhams, Tribune News Service While the coronavirus pandemic wreaks havoc across much of the globe, political and business leaders are already starting to think about what the world...
Japan’s economy slipped into recession for the first time in 4-1/2 years in the last quarter, putting the nation on course for its deepest postwar slump as the coronavirus...
