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Debdutta Ghosh


Data Shows A 6.3% Fall In Global Oil Supply By 2030 Because Of Project Delays

According to data from energy analysts at Rystad, a string of delays to investments by energy companies because of the companies trying to adjust to the continued drop in crude
Published on April 24, 2020
By Debdutta Ghosh

Lockdown Orders Propels Target’s Online By 275% In April

The coronavirus related lock down and stay at home orders have propelled the demand for products online which was cited by Target Corp to be the reason for the company
Published on April 23, 2020
By Debdutta Ghosh

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
Published on April 23, 2020
By Debdutta Ghosh

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
Published on April 22, 2020
By Debdutta Ghosh

Marketing Strategy Change In Global Beauty Industry In The Age Of Coronavirus

The coronavirus pandemic across the world has changed the manner in which the global beauty industry, which is worth $500 billion, is marketing its products to a clientele that is
Published on April 22, 2020
By Debdutta Ghosh

Chinaโ€™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
Published on April 20, 2020
By Debdutta Ghosh

Employees In UKโ€™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
Published on April 20, 2020
By Debdutta Ghosh

US Offices To See Big Change Because Of Novel Coronavirus

Analysts of the commercial real estate industry of the United States are of the opinion that the impact of the novel coronavirus pandemic in the country will have an impact
Published on April 20, 2020
By Debdutta Ghosh

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
Published on April 18, 2020
By Debdutta Ghosh

Chinese Growth Shrinks For The First Time Since Late 1970s

The coronavirus pandemic that hit China at the beginning of the current year has caused a contraction of its economy for the first time in more than 40 years. The
Published on April 18, 2020
By Debdutta Ghosh

IMF Predicts Huge Hit To Australian Economy Due To Coronavirus Pandemic

The economic impact of the coronavirus pandemic will impact the Australian economy and the hit will likely be the worst among the countries in the Asian region, warned the International
Published on April 16, 2020
By Debdutta Ghosh

US Funding To WHO Stopped By Trump Over Its Role In Covid-19 Pandemic

Amidst the coronavirus pandemic wrecking havoc in hundreds of countries around the world , including the United States, funding to the World Health Organization has been halted by the US
Published on April 16, 2020
By Debdutta Ghosh

US Nearing Completion Of Plan To Reopen Economy, Says Trump

Plans to reopen the almost stalled economy of the United States because of the spread of the novel coronavirus pandemic was close to be completed, said the US President Donald
Published on April 15, 2020
By Debdutta Ghosh

Chinaโ€™s March Exports Drop Less Than Expected, Surprise Growth In Imports

Exports for the month of March for the Chinese economy dropped less than was being expected by the market even as the country noted a surprise increase in imports amidst
Published on April 15, 2020
By Debdutta Ghosh

Surge In New Loans In China For March As Virus Stimulus Is Implemented

Support for the coronavirus ravaged economy of China is being supported by the bank lending in the country with a total lending of 2.85 trillion yuan ($405 billion) in March
Published on April 13, 2020
By Debdutta Ghosh

Major US Consumer Categories That Saw Price Drop In March Due To Covid-19

The consumer prices in the United States dropped significantly in March, the largest drop in the give years, because of coast-to-coast shutdowns of businesses and the stay-at-home orders issued by
Published on April 13, 2020
By Debdutta Ghosh

Largest Drop In Five Years In US Consumer Prices In March

The spread of the novel coronavirus across the United States has suppressed demand for some goods and services which has resulted in the a drop in consumer prices by the
Published on April 10, 2020
By Debdutta Ghosh

EU Finance Minister Finally Agree On Emergency Coronavirus Package Of โ‚ฌ500 Billion

The finance minister of European Union countries finally agreed on a common emergency plan to support economies of the member countries from the economic impact of the coronavirus pandemic. The
Published on April 10, 2020
By Debdutta Ghosh

SoftBank Sued By WeWork For Cancelling The $3 Billion Tender Offer

A case has been filed against the Japanese investment conglomerate SoftBank by a WeWork board committee that had secured a $3 billion tender offer with the Japanese conglomerate over accusations
Published on April 8, 2020
By Debdutta Ghosh

No Agreement Among EU Ministers For Economic Package Over Virus Pandemic

Despite debating throughout the night, finance ministers of the European Union members did not manage to come to an agreement on an economic support package for economies in the EU
Published on April 8, 2020
By Debdutta Ghosh

Global Business Should Grant $8bn To Find Scientific Slutin Of Covid-19, Says Wellcome Trust

A call to global business to donate $8bn for the scientific fight against coronavirus was given the Wellcome Trust which said that the best way for the world to find
Published on April 7, 2020
By Debdutta Ghosh

Donald Trump Warns India Of โ€˜Retaliationโ€™ Over Hydroxychloroquine Export Ban By India

The rampant spread of the deadly coronavirus in the United States has forced US president Donald Trump last week to urge the Indian government to allow the export of Hydroxychloroquine
Published on April 7, 2020
By Debdutta Ghosh

EU Plans Retaliatory Tariffs To Extended US Tariffs On Steel And Aluminum

After the United States decided to extend the imposition of tariffs on steel and aluminum from the European Union, a comprehensive list of imported goods form the US, including lighters
Published on April 6, 2020
By Debdutta Ghosh

Walmart-Owned Indian E-Commerce Giant Flipkart Assures No Job Loss Or Salary Cuts

Walmart-owned largest e-commerce company of India Flipkart has assured that it will now slash salaries of employees and will honour the job offers extended even in the face of business
Published on April 6, 2020
By Debdutta Ghosh

The Decade Long Job Growth In US Halted By Coronavirus

A decade long continued growth of jobs in the United States was brought to a sudden and screeching halt in March with about 710,000 Americans applying for unemployment benefits ads
Published on April 5, 2020
By Debdutta Ghosh

UK Economists Say US And UK Unemployment Could Be Worse Than The Great Depression

According to a former official of the Bank of England (BoE), the impact of the coronavirus pandemic on the economies of the United States and Britain will result in a
Published on April 5, 2020
By Debdutta Ghosh

Economists Expect New Record For US Weekly Jobless Unemployment Claims

For a second straight week now, the number of Americans who have filed for claims for unemployment benefits has potentially set another all time record as stay at home orders
Published on April 2, 2020
By Debdutta Ghosh

Restaurants Hit By Virus Pandemic To Be Supported By Delivery Hero

Restaurants in countries that have been hit by the coronavirus pandemic will be supported by Delivery Hero, one of the top online food delivery marketplaces of the world, by ramping
Published on April 2, 2020
By Debdutta Ghosh

Chinese Factory March Output Post Surprise Expansion

Following a collapse the factory activity in China in February, there has been a surprise expansion of the activity in the country for the month of March. However analysts cautioned
Published on March 31, 2020
By Debdutta Ghosh

Coronavirus Battered First Quarter Sees M&A Activity Dwindling

The devastating impact of the coronavirus pandemic gripping almost the entire of the world in the months of February and March has resulted in a 28 per cent drop in
Published on March 31, 2020
By Debdutta Ghosh

Record US Stimulus Package May Not Be Enough, Say Experts

While offering more than $3 trillion in loans and asset purchases within a few recent weeks to help the economy to ride with the economic impact of the coronavirus pandemic,
Published on March 30, 2020
By Debdutta Ghosh

African Oil Producers Face Hard Times As Oil Price Plummets

The coronavirus pandemic bringing down global demand for oil as well as the breakdown of the production pact between the oil cartel OPEC and Russia and other oil producers earlier
Published on March 30, 2020
By Debdutta Ghosh

No Talks Going On With Russia Over New Oil Agreement, Says Saudi Arabia

Saudi Arabia is holding no talks with Russia on striking a deal to create a balance in the global oil market, the kingdom said on Friday, even though there is
Published on March 29, 2020
By Debdutta Ghosh

Delay Of Tokyo Olympics A Setback For Samsungโ€™s Plan For The Japanese Market

South Korean electronics giant Samsung Electronics Co Ltd had pinned its hopes and plans of making inroads into the lucrative Japanese market on the 2020 Tokyo Olympics games. Currently its
Published on March 29, 2020
By Debdutta Ghosh

Diminished Demand Due To Coronavirus Forcing Shut Down Of Global Oil Refineries

The lockdowns in countries all across the world to combat the spread of the deadly coronavirus pandemic has dashed oil demand causing a huge slump in global refinery business even
Published on March 29, 2020
By Debdutta Ghosh

A Persistent US Recession Possible If Coronavirus Is Left Unattended

While economists and analysts agree that the United States economy has slipped into a recession, they are wondering how much worse can the situation get. An entire generation of Americans
Published on March 29, 2020
By Debdutta Ghosh

Volkswagen Could Cut Jobs If Pandemic Persist, Burning $2.2 Billion A Week

The largest auto maker of the world Volkswagen has said that it is burning out about 2 billion euros ($2.2 billion) a week and the German auto groupโ€™s Chief Executive
Published on March 27, 2020
By Debdutta Ghosh

EU Leaders To Take More Time To Agree On A Stimulus Package For Ailing Economies Hit By Pandemic

European Union leaders gave themselves two more weeks to work out details for providing support for their economies that have been hit by hard by the coronavirus pandemic as the
Published on March 27, 2020
By Debdutta Ghosh

US Ambassador To UK Holds China Responsible For Global Spread Of Coronavirus

China has endangered the entire world by not making the known the actual figures and the outbreak of the coronavirus in the country at the beginning which had allowed the
Published on March 26, 2020
By Debdutta Ghosh

US Unemployment Benefit Claims For Last Week Breaks All Records

Thousands of Americans have been laid off because of closure of businesses due to the massive spread of the coronavirus pandemic as the government imposed strict restrictions on businesses in
Published on March 26, 2020
By Debdutta Ghosh

Airplane Manufacturers And Suppliers Hit Hard By Coronavirus

While the European plane maker Airbus only partial restarted production after a four-day shutdown even as suppliers cut jobs, its rival United States plane maker Boeing said that it would
Published on March 24, 2020
By Debdutta Ghosh

Coronavirus Will Cause Global Recession In 2020, Says IMF

The International Monetary Fund (IMF) said on Monday that a global recession will take place in 2020 because of the coronavirus pandemic and the economic hit of the virus all
Published on March 24, 2020
By Debdutta Ghosh

SoftBank To Buyback More Shares And Reduce Debt In A $41 Billion Of Asset Sales Plan

An unprecedented move is being planned by SoftBank Group Corp to restore investor confidence as the investing company wants to raise as much as $41 billion to buy back shares
Published on March 23, 2020
By Debdutta Ghosh

Increased Demand From Chips, Laptops And Network Goods As Employees Work Form Home

There is a surge for laptops and network peripherals as well as components because of more and more employees staying back home and working from home in order to slow
Published on March 23, 2020
By Debdutta Ghosh

UK Government Will Pay 80% Of Wages Of Workers Laid Off Due To Virus Pandemic

The United Kingdom government has said that wages of employees who are unable to work because of the coronavirus pandemic will be paid by it which is seen a very
Published on March 22, 2020
By Debdutta Ghosh

Plans For A Possible Delay Of Olympics Being Formulated By Tokyo Organizers: Reuters

While the Japanese government has taken a stance of not postponing the Tokyo 2020 Olympic games, organizers of the games have started drafting possible alternatives of shifting the Olympics this
Published on March 22, 2020
By Debdutta Ghosh

US Envoy To Work With Saudi Arabia As Oil Price Slump Hit American Oil Producers

A special energy representative from representing the administration of United States President Donald Trump is will be sent to Saudi Arabia, according to officials. There has been a crash in
Published on March 21, 2020
By Debdutta Ghosh

WHO Warns That The Youth Are โ€˜Not Invincible’ To The Novel Coronavirus

The World Health Organization (WHO) has warned that young people are susceptible to the coronavirus which can also can sicken or kill them and therefore they should avoid mingling together
Published on March 21, 2020
By Debdutta Ghosh

US Airlines Consider Possibility Of Complete Domestic Flight Halt

Airlines in the United States are contemplating something that was believed to be impossible โ€“ stopping all commercial domestic flights in the country because of the coronavirus pandemic spread and
Published on March 18, 2020
By Debdutta Ghosh

$60 Billion Assistance For US Aerospace Industry Demanded By Boeing

The severe economic impact on the aerospace manufacturing industry of the United States because of the coronavirus pandemic has prompted Boeing Co to give a cal for a $60 billion
Published on March 18, 2020
By Debdutta Ghosh
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