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IMF projects global economy growth at minus 3 in 2020

Krishna Mali -
As the world is going through the huge economy fallout due to the coronavirus outbreak, the International Monetary Fund on Tuesday projected global economy...
Business

President Trump says, “It’s my decision when to reopen the U.S. economy.”

Krishna Mali -
Befitting the reply on the governor's decision to reopen the U.S. economy, US President, Donald Trump on Tuesday said, "It's his decision when to...
Business

Market Analysis: OPEC+ agrees to a historic production cut

Abhishek Goenka -
OPEC+ agreed to the largest production cut ever of 9.7 mbpd which accounts for 10% of the daily global crude supply. US, Brazil, and...
Business

Fed expresses concerns on the reopening of Coronavirus hit economy

Krishna Mali -
Federal Reserve boss Jerome Powell has expressed concerns on the reopening of coronavirus hit economy. For latest news updates, business news and world news, Like...
Business

Coronavirus: Godrej Consumer partners with Zomato, ShoKirana, and ZoomCar for delivery of essential items

Krishna Mali -
India-based FMCG major Godrej Consumer Products Limited (GCPL) has announced its partnership with online food delivery apps Zomato, ShopKirana and ZoomCar for delivery of...
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Business

Market Analysis: Dow ends above 23,000 mark for the first time in a month

Abhishek Goenka -
The Dow gained 3.4% to close above the 23,000 mark for the first time in a month despite the US seeing the largest number...
Business

Innovative “Eco-Business Park” To Be Built In Canadian City

Lucy Hunter -
The City of Summerside, Prince Edward Island, Canada is allocating $10 million towards the construction of an eco-industrial park that is meant to foster...
Business

Market Analysis: Crude drops to 18-year lows

Abhishek Goenka -
Crude prices fell to their lowest levels in 18 years yesterday as markets fear the world may run out of storage space. There is...
Business

Facebook appoints Robert Kimmitt as a lead independent director

Krishna Mali -
U.S. leading social networking giant Facebook Inc on Friday announced the appointment of the U.S. treasury's former deputy secretary Robert Kimmitt as a lead...
Business

Coronavirus pandemic: Bank Of Canada slices key interest rate to 0.25 percent

Krishna Mali -
In a bid to revive the coronavirus-affected economy, the Bank of Canada on Friday announced its plans to reduce its interest rate to 0.25...
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