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OpenAI starts talks with Microsoft about new funding and future IPO 05/12/2025

Markets Rally on US–China 90-Day Tariff Pause as Investors Brace for Protracted Talks 05/12/2025

Bayer to cut more than 200 employees in German crop protection products segment 05/13/2025

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Economics

WHO Regrets As Trump Pulls Out Traditional Fund Flow

WHO seems to be needed more than ever given the present global pandemic crisis, while the U.S. president decides to not pay the agency its assessed “voluntary funding” amount. The Head of WHO, the “World Health Organization”, had expressed his regrets about President Trump’s decision of pulling out...

Following FDI Policy Change, India To Fast Track Chinese Investment In The Country: Reuters

New screening rules issued by the Indian government over Foreign Direct Investment (FDI) particularly from neighbouring countries including China have raised concerns among companies about their plans being jeopardized. The Indian government now plans to fast track the review process of some FDI...

German Business Morale Pushed To Record Low Due To Economic Hit Of Covid-19

The most dramatic fall on record for German business morale was recorded by the German economy in April as the largest European economy touched its lowest reading since reunification because of the severe economic impact of the novel coronavirus pandemic on the country’s economy. According...

Swiss Central Bank shows record loss in Q1

The Swiss Central Bank (SNB) recorded the maximum quarterly loss since its foundation in 1907 amid the collapse of global financial markets in connection with the pandemic of the coronavirus infection COVID-19. The value of the SNB portfolio last quarter fell by 38.2 billion Swiss francs ($ 39...

UK Economy Under Severe Pressure From The Coronavirus Pandemic

The strain from the coronavirus lockdown is putting immense pressure on the economy of the United Kingdom, so much so that it is at the point of crumbling. Borrowings by the government has reached levels that were never before seen in peacetime history which has increased pressure on the government...

The U.S. ‘Paycheck Protection Program’ Ran Out Of Funds

Amid coronavirus outbreak, the economic damages deepens in the U.S. as small businesses are left adrift with the announcement of SBA running out of funds for emergency loan programme used to bear the cost of payrolls of small business workers. Last week, the U.S. “Small Business Administration” had...

Gloomiest Picture For Euro Zone Economy On Record: Reuters Poll

The economy of the euro zone, which is already in one of the deepest recessions on record, is set to face even a worse downturn as the economic impacts of the coronavirus lockdown in the countries of the region starts taking its toll on the economic bloc, according to a poll of economists conducted...

China’s Economy To Rebound After First Quarter Contraction Due To Viral Pandemic

According to analysts, following contraction in the Chinese economy in the first quarter of the current year because of the coronavirus pandemic, it should recover and do well for the rest of the year. According to data released last Friday by China's National Bureau of Statistics, there was a...

Employees In UK’s UK Finance Sector Seeking Job Change In Q1 Rose By 43%

According to official that was released in the United Kingdom on Monday, during the first quarter of the current year, the number of finance professionals in the country who are currently looking out for new jobs has increased by a whopping 40 per cent compared to the last three months of 2019....

Trump Details 3-Phased Plan For Opening Up US Economy From Coronavirus Restrictions

United States president Donald Trump unveiled new plans and guidelines to open up the economy by gradually lifting coronavirus-related restrictions on citizens and businesses for states and localities in an effort to turn the focus of America towards rejuvenating the economy that has been...