
Debdutta Ghosh
Economics
IMF Warns Stock Markets Paying Least Attention To Climate Crisis
The International Monetary Fund has warned that the increasing number of natural disasters that have taken place in the last 50 years have been generally ignored by equity markets and
Published on May 31, 2020
By Debdutta Ghosh
Economics
EU Trade Commissioner Hogan Could Put Himself Up As Candidate Of WTO Chief
The spokesperson of Phil Hogan, trade commissioner of the European Union, has said that Hogan wants to put himself up as a candidate for the post of director-general of the
Published on May 31, 2020
By Debdutta Ghosh
Management
Uniform Approach To Flying During Coronavirus Urged By UN Agency
There is a need for coming up with and following a uniform approach to flying safely during the coronavirus pandemic, believes a United Nations aviation-led task force. It is therefore
Published on May 31, 2020
By Debdutta Ghosh
Business & Finance
Coronavirus Pandemic Forces Salesforce To Slash Annual Sales Estimates
The coronavirus pandemic prompted the cloud-based business software maker Salesforce.com Inc to allow clients to defer payments and provided one time commissions to its sales team โ all of which
Published on May 31, 2020
By Debdutta Ghosh
World & Politics
Study On How To Protect American Investors From Risks Of Chinese Firms To Be Done By Trump Administration
United State president Donald Trump said on Friday that ways in which Americans can be safeguarded from the risks associated with investing in Chinese companies will be studied and explored
Published on May 31, 2020
By Debdutta Ghosh
Economics
Job Loss For One In Four Workers In US Since Mid-March Due To Pandemic
While there is evidence that the worst outcome for the United States labor market could have passed, the tremendous amount of ground the labour market of the country has to
Published on May 29, 2020
By Debdutta Ghosh
Economics
Latest Data Indicates Further Deepening Of Japan’s Recession
There was a deeper than expected fall in the factory output in Japan in the month of April which was coupled with a plunge in retail sales which was deepest
Published on May 29, 2020
By Debdutta Ghosh
Economics
White House Will Not Release Economic Projections This Summer: Reports
According to news reports published in the United States, updated economic projections this summer will not be released by the White House officials this year which denotes a break from
Published on May 29, 2020
By Debdutta Ghosh
Economics
Trump Wants To Scrap Or Weaken Law That Protects Social Media Platforms
United States President Donald Trump has often been criticised on social media platforms including Twitter and Facebook, and now Trump is set to introduce new legislation that could result in
Published on May 29, 2020
By Debdutta Ghosh
Management
Nokia Veteran Sari Baldauf The New Nokia Chief, To Face As 5G Challenge
Telecoms equipment maker Nokia has selected Sari Baldauf as its new chairwoman. She will succeed Risto Siilasmaa who headed the Finnish company for eight years. Nokia is currently facing a
Published on May 29, 2020
By Debdutta Ghosh
Economics
EU Outlines Plans For A Massive Rescue Stimulus Package
A huge stimulus package plan worth 750 billion euro was announced by the European Unionโs executive arm to support economies that have been battered by the novel coronavirus pandemic. EU
Published on May 29, 2020
By Debdutta Ghosh
Business & Finance
Austrian Vaccine Maker To Be Acquired By Merck In Its Race To A Covid-19 Vaccine
Ever since the outbreak of the novel coronavirus pandemic and the race to find out a vaccine or a cure for the disease caused by the virus called Covid-19, Merck
Published on May 28, 2020
By Debdutta Ghosh
Science & Technology
Indian Government Releases Source Codes For Its Covid-19 Contact-Tracing App
Ever since an app to trace coronavirus patients in India, called AarogyaSetu, was launched by the Indian government in April. privacy and security experts had been calling on the government
Published on May 28, 2020
By Debdutta Ghosh
Economics
Argentina Defaults On Debt, Negotiations With Creditors For Debt Restructuring Ongoing
Crisis hit South American economy of Argentina defaulted on payments on about $500 million of bonds coupons on Friday, whose payments had already been delayed. According to reports from creditors
Published on May 23, 2020
By Debdutta Ghosh
Economics
Trump Urged By US Business Groups To Allow Visas For Skilled-Worker Amid Pandemic
There will be negative economic consequences for the United States if the US President Donald Trump goes ahead and implements his planned restrictions on temporary work visas to the country,
Published on May 23, 2020
By Debdutta Ghosh
Economics
Economic Growth Target Not Announced By China For First Time In Three Decades
For the first time in three decades, the Chinese government has skipped setting that goal in its annual projections and plans as the countryโs Premier Li Keqiang did not announce
Published on May 22, 2020
By Debdutta Ghosh
Business & Finance
New Report Says Financial Gains The Prime Motivator For Cyber Attacks
Financial gains remained the primary motive of hackers conducting cyber attacks since 2019, concluded a recent annual report by Verizon called the Data Breach Investigations Report. The report was published
Published on May 22, 2020
By Debdutta Ghosh
Economics
IEA Predicts Drop In Global Green Energy Growth For The First Time In Two Decades
According to the predictions of the International Energy Agency, there will be an annual decline in the growth in new renewable energy capacity globally for the current year of 2020
Published on May 21, 2020
By Debdutta Ghosh
Business & Finance
Class Action Against Mcdonald’s By Workers In US Over Lack Of Safety Against Covid-19
Alleging that McDonald’s had failed to adopt and implement government safety guidance on Covid-19, thereby putting the lives of the employees and their families in danger of being infected with
Published on May 21, 2020
By Debdutta Ghosh
Economics
Global Economy Not To Recover As Soon As Was Previously Expected: IMF
According to the head of the Managing Director of the International Monetary Fund,m Kristalina Georgieva, a much longer time period than previously expected for a complete recovery of the global
Published on May 20, 2020
By Debdutta Ghosh
Economics
Japanese Economy Has Entered A Technical Recession With Worse Expected
The coronavirus pandemic has pushed the Japanese economy into a recession and analysts predict that things are going to get worse for the economy. According to government data released Monday,
Published on May 20, 2020
By Debdutta Ghosh
Economics
Trump Issues Fresh Threats Of Taxes On US Firms That Manufacture Abroad
A fresh threat of imposing new taxes on American companies that manufacture goods outside of the United States was issued by the US president Donald Trump on Thursday which, according
Published on May 15, 2020
By Debdutta Ghosh
Business & Finance
Airbus Will Be ‘Resized’ And Could Slash Output Again: Reuters
Airbus needs to be โresizedโ, plans for which are to be set out around the end of June, the European plane maker has told senior staff. The company has said
Published on May 15, 2020
By Debdutta Ghosh
Science & Technology
UN Warns Of Impending “Major” Mental Health Crisis Due To Coronavirus Pandemic
The United Nations has warned that a major global mental health crisis could be sparked because of the novel coronavirus outbreak all across the world. the global body called out
Published on May 14, 2020
By Debdutta Ghosh
Business & Finance
Restructuring Plans, Including Job Cuts, Being Considered By Airbus: Reports
Anticipating the prolongation of the coronavirus crisis, European plane maker is now considering further restructuring plans that include the possibility of โdeepโ job cuts. The company had already furloughed thousands
Published on May 14, 2020
By Debdutta Ghosh
Economics
Over 300 Leaders From 6 Continents Call On IMF And World Bank To Cancel Debt Of Poor Nations
The International Monetary Fund and World Bank were urged by more than 300 lawmakers from various parts of the world on Wednesday to forgo the debt of the poorest countries
Published on May 13, 2020
By Debdutta Ghosh
Business & Finance
Business Service Firms Of Central Europe See Opportunity In The Virus Pandemic
A number of companies in Central Europe that offer remote, lower-cost services for multinationals are trying to transform the economic calamity because of the coronavirus pandemic into an opportunity as
Published on May 13, 2020
By Debdutta Ghosh
Economics
Calls For Fresh Talks On Trade With US Made By Chinese Advisers, Says Global Times
A report published in a state-controlled tabloid citing sources close to the Chinese government have claimed that there is a rising chorus of hawkish voices in the country that are
Published on May 12, 2020
By Debdutta Ghosh
Economics
VAT In Saudi Arabia Tripled As Coronavirus Hits Countryโs Economy
The oil dependent Saudi Arabian economy has been hit hard by the novel coronavirus pandemic as well as a very sharp drop in the global oil prices. As a consequence
Published on May 12, 2020
By Debdutta Ghosh
Economics
Fed Policymakers Say US Economy And Job Market Will Not Show A โVโ Shaped Recoveryโ
According to officials of the United States Federal Reserve, a quick return to growth should not be expected by Americans even as many parts of the largest economy of the
Published on May 10, 2020
By Debdutta Ghosh
Business & Finance
Coronavirus Lockdown Results In $2.9 Loss For Uber In First Quarter
The coronavirus pandemic severely impacted the business of Uber in the forts quarter that resulted in the company reporting a loss of $2.9 billion. The company however said that that
Published on May 10, 2020
By Debdutta Ghosh
Business & Finance
South Korean Market To Be Exited By U.S. E-Cigarette Maker Juul Labs
It was just about a year that the United States based e-cigarette maker Juul Labs had entered the South Korean market. However the company announced on Wednesday that it would
Published on May 6, 2020
By Debdutta Ghosh
Economics
Italyโs Debt To GDP To Rise Ot 160% This Year, Says EU
The coronavirus pandemic has hit Italy hard and its economy is expected to shrink this year. According to estimates that shrinking will result in a rise of the countryโs public
Published on May 6, 2020
By Debdutta Ghosh
Business & Finance
Apple Sells Cheap Bonds To Raise Money For Share Buybacks And Dividend Payments
Its cheapest bonds in many years was issued by Apple Inc on Monday as the tech giant took advantage of the emergency measures taken by the United States Federal Reserve
Published on May 6, 2020
By Debdutta Ghosh
Economics
UK New Car Registration In April Falls To Lowest Since 1946
The ferocity of the impact on the economic by the novel coronavirus pandemic in the United Kingdom was evident in the new car sale data of the country for the
Published on May 6, 2020
By Debdutta Ghosh
Business & Finance
Warren Buffett Says Berkshire Sold Off Its Entire Stock Of US Airlines
The entire stocks of the four largest airline companies of the United States were sold off by Berkshire Hathaway, said chairman Warren Buffett. “The world has changed” for the aviation
Published on May 3, 2020
By Debdutta Ghosh
Business & Finance
EY Report Says Online Car Sales Could Become Important After End Of Covid-19 Pandemic
According to a report from the consultancy firm Earnst&Young, there can be growth in online car sales after the end of the novel coronavirus pandemic because people will be more
Published on May 3, 2020
By Debdutta Ghosh
Business & Finance
Tesla Share Price Is Too High, Says Company CEO Elon Musk
The share price of the United States based electric car maker Tesla was โtoo highโ in the opinion of the companyโs chief executive, Elon Musk, according to a tweet by
Published on May 2, 2020
By Debdutta Ghosh
Science & Technology
Usage Of Remdesivir For Coronavirus Treatment Authorized By US FDA
Remdesivir, an experimental drug that has been proven to be able to help some patients of coronavirus to recover faster, was approved for usage in the pandemic under emergency conditions
Published on May 2, 2020
By Debdutta Ghosh
Business & Finance
Covid-19 Hit Airlines Trying Hard To Convert Empty Passenger Cabins Into Cargo Space
Air freighters are the only planes that can now be seen in the air globally amidst the global coronavirus pandemic. This segment of airline business have always found the back
Published on April 30, 2020
By Debdutta Ghosh
Science & Technology
Experimental Drug Remdesivir Found Effective Against Covid-19 In US Study: Reports
A biotech company has claimed that an experimental drug that it had manufactured in the wake of the Ebola virus out break has proved to be effective in treating patients
Published on April 30, 2020
By Debdutta Ghosh
Business & Finance
British Airways Might Not Reopen Its Gatwick Operations Post Covid-19 Pandemic
The extent to which the coronaviurs pandemic has hit the global airline industry was reflected in reports that suggested the British Airways may not reopen its Gatwick airport operation at
Published on April 30, 2020
By Debdutta Ghosh
Science & Technology
FDA Commissioner Says Agency Is Moving At โLightning Speedโ On Remdesivir
The Commissioner of the United States Food and Drug Administration (FDA), Stephen Hahn, said that the agency is moving at โlightning speedโ for the reviewing of data related to the
Published on April 30, 2020
By Debdutta Ghosh
Business & Finance
Despite Profits, Googleโs Alphabet Warns Of Tough Times Ahead
Propelled by double digit growth in advertising in Google despite the economic slowdown from the novel coronavirus, Apple Alphabet Inc beat analystsโ estimate for quarterly revenue for the latest completed
Published on April 29, 2020
By Debdutta Ghosh
Business & Finance
Coronavirus Forced Store Closure Results In Falloff Global Sales For Starbucks
Shutdowns of its stores because of coronavirus pandemic related restrictions has resulted a a fall in the global sales of Starbucks in the first three months of 2020. In the
Published on April 29, 2020
By Debdutta Ghosh
Business & Finance
Deeper Job Cuts Warning Issues By Airbus In Letter To Employees, Says ‘Survival At Stake’
Airbus employees, a total of 135,000 people, have been warned of possible deeper cuts in jobs, the European plane maker said in a bleak assessment about the the impact of
Published on April 28, 2020
By Debdutta Ghosh
Business & Finance
Despite Uncertain Demand, European Car Makers Restart Production
The biggest factory of the biggest German car maker Volkswagen started to reopen on Monday even as the broader industry in Europe is trying to get back to work. The
Published on April 28, 2020
By Debdutta Ghosh
Business & Finance
Glimpse Of A Rebound In China Offered By Airbnb Booking Data
There was an astounding 200 per cent jump in the number of domestic bookings in China for the first half of April compared to the same period in the previous
Published on April 26, 2020
By Debdutta Ghosh
Economics
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
Published on April 26, 2020
By Debdutta Ghosh
Economics
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
Published on April 24, 2020
By Debdutta Ghosh