coronavirus pandemic
Economic fallout from COVID-19 could push more than billion into ‘extreme poverty’
The outlook for the world’s poorest looks grim unless governments do more and do it quickly, says a UNU report
Delhi Desperate: COVID-19 patients setting up ICUs at home
Many healthcare groups are taking advance booking of about 1.5 lakh to set up ICUs in just 4 hours at home
Lufthansa to cut 22,000 jobs as travel demand dips on COVID-19 woes
Lufthansa said it will operate about 100 fewer aircraft after the crisis
Vehicle registrations down 89% in May
For the first time, said FADA President Ashish Harsharaj Kale, the month of April witnessed zero retails
PMC bank scam: Bombay High Court seeks info on health condition of Wadhawans
The applicants claimed that there are no proper facilities in jail in view of the coronavirus pandemic
Oil prices drop on concerns about slow demand, record US stocks
At the same time, gasoline stockpiles grew more than expected to 258.7 million barrels
Airlines heading for $84 billion loss in 2020, says IATA
With most of the world’s airliners currently parked, IATA said revenue would likely fall to $419 billion from $838 billion last year.
US economy entered recession in February
US gross domestic product fell at a 4.8% annualized rate in the first three months of the year
Global shares advance on surprise recovery in US employment
Labor Department’s employment report showed that jobless rate falling to 13.3% last month from 14.7% in April, a post-World War Two high
Japan's economy shrinks less than initial estimate but still in recession
Export-dependent Japan's economy had contracted at an annual rate of 7.2% in the October-December period