Global
China central bank signals more policy measures to support the virus-ravaged economy
China’s central bank said on Sunday it will step up counter-cyclical adjustments to support the economy and make monetary policy more flexible to ...
Global
Goldman Sachs sees worst India recession with 45% second-quarter slump
Goldman sees India’s GDP contract by an annualized 45% in the second quarter from the last three months. Goldman Sachs expects India will ...
Global
Facebook chief Mark Zuckerberg wants EU not China to lead on tech regulations
Facebook chief Mark Zuckerberg wants EU, not China to lead on tech regulations When Europe sets policies, they often become standards around the ...
Global
UN rolls out new technology initiative to help developing countries fight COVID-19
Tech Access Partnership programme will facilitate local production of essential health gear and technologies to stem the virus The United Nations Technology Bank ...
Global
Regulators Announce Temporarily Changes to Increase Banks’ Lending to Households, Businesses
The federal bank regulatory agencies today announced temporary changes to their supplementary leverage ratio rule. The temporary modifications will provide flexibility to certain ...
Global
The impact of coronavirus on vessel traffic and the International shipping industry
The shipping industry experienced major disruptions in Q1 of 2020 due to both the Coronavirus and the crude oil price crash. As major ...
Global
Amazon’s CEO tells investors ‘you may want to take a seat,’ as he explains why the company will spend ‘entirety’ of $4 billion profit
Jeff Bezos: ‘We are inspired by all the essential workers we see doing their jobs — nurses and doctors, grocery store cashiers, police ...
Global
G20 calls for more donations to fund pandemic response
The Group of 20 major economies on Thursday called for more donations to fund the emergency response to the coronavirus pandemic and develop ...
Global
UK regulator tells banks not to pressure corporate customers
Britain’s markets watchdog said on Tuesday it might take enforcement action against banks that are putting pressure on their corporate borrowers during the ...
Global
Unusual Times Call For Unusual Solutions: Mastercard and vCita Develop CRM for Small Businesses
The new platform will help companies digitally manage their businesses by giving them a suite of automation tools. Israel-based CRM startup, vCita announced ...
