Over the last year, the pandemic has caused the global economy to contract by 4.4%. At the same time, one trend has accelerated worldwide: digitalization. As countries face repeated lockdowns, school…
BEIJING/CHICAGO (Reuters) - With nearly seven months gone, an ambitious $36.5 billion target for Chinese imports of U.S. farm goods this year may not be quite out of reach, but…
(Reuters) - The surge in U.S. coronavirus cases is beginning to weigh on economic activity, the head of the Federal Reserve said on Wednesday, and he promised the U.S. central…
Singapore’s economy contracted by 12.6% in the second quarter compared to a year ago, according to advance estimates by Singapore Ministry of Trade and Industry released Tuesday. Analysts polled by…
Wilmington Trust’s Meghan Shue sees a battle is underway on Wall Street as coronavirus cases surge and companies get ready to report second quarter earnings. According to the firm’s head…
TOKYO (Reuters) - The dollar held onto gains on Wednesday as a resurgence of the coronavirus in the United States and the return of lockdowns in some countries boosted safe-haven…
MEXICO CITY (Bloomberg) –Pemex’s nearly $105 billion in debt already makes it the biggest borrower of any oil company in the world. And it’s accruing more. Pemex is asking some…
Just over 1 in 10 Americans who are out of work because of the coronavirus pandemic don’t have a good chance of getting called back to their old jobs, according to…
(Reuters) - Wall Street is moving some bets on COVID-19 vaccines to large pharmaceutical companies with robust manufacturing capabilities, signaling that a love affair with small biotech firms might be…
WASHINGTON (Reuters) - The U.S. economy created jobs at a record clip in June as more restaurants and bars reopened, but 31.5 million Americans were collecting unemployment checks in the…