Home » Business

Business - Page 115

Japans exports plunged nearly 22 per cent in Apri. (AFP)

Recession-hit Japan's exports, imports fall due to pandemic

The drop in exports is the worst since the 2008 financial crisis, as export-dependent Japan struggles to juggle the...

21 May 2020 10:22 AM IST

India will allow airlines to begin some domestic flights from May 25. (AFP Photo)

India to resume domestic passenger flights from May 25

Indian Railways too has announced to commence its routine passenger train operations from June 1 with about 200 non-AC...

21 May 2020 9:07 AM IST

Global equities have received a boost this week as governments around the world gradually loosened their coronavirus lockdown restrictions. (AFP Photo)

Asia shares rise on hopes of rapid economic recovery

Global equities have received a boost this week as governments around the world gradually loosened their coronavirus...

21 May 2020 8:55 AM IST

UK engine-maker Rolls-Royce says to axe 9,000 jobs. (AFP Photo)

Rolls-Royce to axe 9,000 jobs

Airlines and their supplies have been among the hardest hit businesses by lockdowns to contain the pandemic

20 May 2020 4:04 PM IST

Ola to layoff 1,400 staff as COVID-19 pandemic hits revenues. (PTI Photo)

Ola decides to downsize and -"let go-" of 1,400 employees

Revenues declined by 95 per cent in the last two months due to coronavirus pandemic

20 May 2020 2:25 PM IST

World Bank says covid19 to push 60 million into poverty; 160 billion assistance to 100 countries . (AFP Photo)

World Bank estimates 60 million people may fall into extreme poverty...

The World Bank announced emergency operations worth USD 160 billion in 100 developing countries to fight the deadly...

20 May 2020 1:33 PM IST

Foreign investors have pulled out an estimated USD 26 billion from developing Asian economies and over USD 16 billion out of India. (AFP Photo)

Foreign investors pull out $26 billion from Asian economies, $16...

The small decline in orders in March is likely to give way to a collapse in investment across this quarter

20 May 2020 12:47 PM IST

Satish Marathe, a member of RBIs central board. (Photo- Social media)

Stimulus package fails to involve banks as frontline warriors, says...

He said the three-month moratorium offered for loan repayments announced by Reserve Bank of India is "not enough"

20 May 2020 12:41 PM IST

Johnson & Johnson stops selling talc-based baby powder in US, Canada amid lawsuits claiming it causes cancer. (AFP Photo)

Johnson & Johnson stops selling baby powder in US, Canada

J&J faces more than 16,000 lawsuits from consumers claiming its talc products, including Johnson's Baby Powder, caused...

20 May 2020 9:32 AM IST

Oil prices ease on dim economic outlook despite signs of firmer demand. (AFP Photo)

Oil prices slip on dim economic outlook, despite improved demand

A bleak economic outlook from the U.S. Federal Reserve put downward pressure on oil prices

20 May 2020 9:16 AM IST

Asian equities rally stalls on lingering economic uncertainty. (AFP Photo)

Asian equities rally stalls on lingering economic uncertainty

The World Bank warned the crisis could leave about 60 million in extreme poverty

20 May 2020 9:08 AM IST

Fiat India Automobiles, Tata Motors JV plant resumes operations at Ranjangaon. (DC Photo)

Fiat India Automobiles, Tata Motors JV plant resumes operations at...

The company implemented layers of protection, including cleaning, disinfecting and social distancing

19 May 2020 3:34 PM IST