The IMF Monday again sharply lowered its Middle East and North Africa economic forecast, to its lowest level in 50 years, over the "twin shock" of the coronavirus pandemic and low oil prices.
Labour representatives at German carmaker Daimler said on Monday that discussions with management over cost cuts had become "rougher", after a board member said over the weekend that more than 15,000 jobs were at risk.
REUTERS: Crystal Palace's Wilfried Zaha has called on social media platforms to identify and remove users who resort to racist abuse after the forward was targeted before his team's Premier League match at Aston Villa on Sunday. The Ivory Coast international shared images of the messages he ...
On Friday, May 1, two workers on the PXA-1 offshore platform owned by Brazil's state-run oil company Petrobras checked into the facility's infirmary complaining of headaches and fever-like symptoms.
PepsiCo Inc beat analysts' estimates for quarterly revenue on Monday, as its snacks business benefited from a surge in at-home consumption of salty snacks such as Fritos and Cheetos during lockdowns triggered by the COVID-19 pandemic.
The Federal Reserve's US$3 trillion bid to stave off an economic crisis in the wake of the coronavirus outbreak is fuelling excesses across U.S. capital markets.
Johnnie Walker scotch whisky will be available in plastic-free bottles from early 2021, Diageo Plc said on Monday, as the world's biggest spirits maker ramps up efforts to tackle plastic waste.
SHANGHAI: China's internet watchdog said it was kicking off a two-month campaign to clean up websites aimed at users under the age of 18, saying it wanted to promote a healthy online environment. The Cyberspace Administration of China said on its website on Tuesday that under the campaign it...
Alphabet Inc's Google on Monday said it will spend around US$10 billion in India over the next five to seven years through equity investments and tie-ups, marking its biggest commitment to a growth market.
LONDON: The European Union's benchmark carbon permit price hit a 14-year high at just over 30 euros (US$33.93) per tonne early on Monday (Jul 13). The price for permits for delivery in Dec 2020 traded under the EU's Emissions Trading System (EU ETS) was 30.13 euros a tonne at 0819GMT,...
