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How major US stock indexes fared Friday

The gains south of the border were even stronger for the week, rising at least 3.2 per cent, despite a quiet day on US markets ahead of the Memorial Day long we...

Facebook Wants Remote Working to Become Permanent

Prior to the pandemic, the focus of big US tech companies had been to have all employees working together at huge headquarters, some including Facebook, offerin...

Explainer: How ending Hong Kong's 'special status' could affect USA companies

It comes after months of pro-democracy demonstrations a year ago that at times descended into violence between police and protesters. The United States reacte...

United States says China security law a 'death knell' for Hong Kong autonomy

As Bonnie Leung of the Civil Human Rights Front, which organized some of Hong Kong's biggest protests , told The Post: "Especially after the outbreak of pandem...

Swig it! Swiggy launches home delivery of alcohol

Though the service is available in just one state, it is a step that could enable an ecosystem of safe alcohol deliveries across India - and prevent long publ...

Facebook says half of its employees might be remote

The projection - a guess, Zuckerberg said, not a target - marks a major pivot by the world's biggest social media company to support working from home after the...

India central bank pledges more easing as economy set to shrink

However, he said that the combination of fiscal, monetary, and administrative actions will create conditions for the revival of the economy in the second half o...

RBI extends moratorium on loans for another 3 months till August

Das on Friday also extended the moratorium on payment of loans by another three months till August to provide much-needed relief to borrowers whose income has b...

China promises stimulus spending, sets no growth target

Beijing has set this year's special local government bond quota at 3.75 trillion yuan, up significantly from 2019's 2.15 trillion yuan. Li said the ruling Com...

Six McDonalds restaurants reopen their doors in Dublin

Indeed, police had to get involved in Peterborough to help control the flow of cars at the Boongate restaurant. Earlier today, McDonald's confirmed the six ou...

COVID-19 unemployment claims approach 39 million since mid-March

Economists said claims numbers were staying high also as states were now processing applications for gig workers and many others trying to access federal govern...

Small Virginia company nabs huge Federal medicine contract

They announced online via posting that more than 80 percent of active pharmaceutical ingredients are being produced by foreign countries. "It's unbelievable h...

Costco announces all customers should wear face masks while shopping | Dished

As per the company's policy, staff and customers must wear face masks and practice social distancing while in store, but one shopper didn't agree with the r...

Venezuela Sues UK over Frozen Gold Reserves, Loses CITGO Appeal

This goes back further, though, the Bank of England has delayed the transfer of 31 tonnes of Venezuelan gold stored there to Maduro's government since 2018. It ...

EasyJet to restart flights in June with masks for all

Given the restrictions still in place between some countries and a UK plan to bring in a 14-day quarantine for arrivals from overseas, easyJet's focus will be...

4 million stimulus payments to be delivered via debit card

By putting stimulus payments on debit cards, the government is providing Americans with quick and convenient financial relief when they need it most. "This is...

U.S. Weekly Jobless Claims Fall to 2.4 Million

This brings the nine-week jobless claims total since the coronavirus crisis took hold in the U.S.to approximately 38.6 million people. If your regular benefit...

EasyJet hack leaves 9 million customer details exposed

It said that "Action has already been taken to contact all of these customers and they have been offered support". The company said it had engaged leading f...

Covid impact: Air fares on domestic flights to be capped

Passengers will have to update their Aarogya Setu App status to declare they are free of any COVID-19 symptom. Airlines including IndiGo, the country's la...

Wall St opens higher on hopes of economic recovery

The report of early success from the Moderna vaccine candidate was one of the key catalysts for markets soaring a day ago. Massachusetts-based Moderna saw i...

China imposes massive tariffs on Australia barley imports

Australia is considering taking China to the World Trade Organization over Beijing's decision to impose massive tariffs on Australian barley imports. "If that...

United States economy risks 'permanent damage' from long lockdowns, Mnuchin warns

Powell said that a highly anticipated lending program the Fed is creating for small businesses should be operating by the end of the month. "The amount that ...

Walmart grounds Jet.com, but the $3.3 billion acquisition still paid off

It should come as little surprise that Walmart did well during the first couple months of the COVID-19 pandemic in the USA, with an 8.6 percent increase in tota...

SBA, Treasury release Paycheck Protection Program loan forgiveness app

The low-interest, forgivable loans have been attractive to small businesses, but owners have had a lot of questions about how to ensure they won't have to repay...

Oil Rises Above $30 as Deep Production Cuts Rebalance Market

But weak crude refining profits persist, which could delay a recovery in oil demand . Oil prices have risen in the past three weeks as states have rolled bac...

Warren Buffett's Berkshire dumps Goldman holdings; trims other investments

Berkshire also exited its position in energy company Phillips 66, worth more than $25 million at the end of a year ago, and trimmed several holdings, includin...

Rolls-Royce to cut 9000 jobs amid virus crisis

The British aircraft-engine maker said the proposed reorganization is expected to generate annualized savings of more than 1.3 billion pounds ($1.57 billion), a...

Mnuchin defends United States fiscal response to coronavirus

Federal Reserve Chairman Jerome Powell sought to maintain neutrality in the debate over whether Congress should build on record stimulus, to further cushion ...

UK inflation falls sharply in April to 0.8%

The total number of people claiming unemployment benefit soared to 2.1 million last month, the first full month of COVID-19 lockdown restrictions which were imp...

Johnson & Johnson to stop selling talc-based baby powder in US, Canada

Stores around the country and in Canada will continue to sell whatever remaining inventory of baby powder remains on their shelves, the company said. Asbestos...

China imposes crippling tariff on Australian barley

Australia's relations with China have come under further strain after Beijing slapped an 80 per cent tariff on barley imports and banned beef imports from f...

Carbon Emissions Fall by the Most in History During Coronavirus Pandemic

But there are warning the extreme reduction of greenhouse gas emissions may only be temporary . The estimated total change in emissions from the pandemic a...

Moderna's Israeli top medical officer: We've shown today that our vaccine works

Eight healthy volunteers saw few adverse effects after taking two doses of the potential vaccine, according to Moderna , its manufacturer based in MA. Side ...

Huawei 5G phones use very few components from the US (1%)

The logo of the Taiwan Semiconductor Manufacturing Corp in pictured in Hsinchu on Friday last week. . Beijing has spent the past two decades and billions of d...

Thai Airways Files For Bankruptcy Protection; Agrees To Rehabilitation Plan

Prior to this, the Thai government initially offered a rescue bailout to the national carrier to the sum of 58.1 billion baht (~RM7.9 billion). Governments wo...