Lockdowns

Showing of 1 - 20 from 34 results
Lockdowns - Total results - 34
China's May factory activity grew at slower pace, but momentum in services, construction sectors quicken
Business

China's May factory activity grew at slower pace, but momentum in services, construction sectors quicken

While most businesses in China have reopened, many manufacturers are struggling with reduced or cancelled overseas orders as lockdowns push the global economy into recession

Oil falls as surprise US stock build douses demand recovery hopes; Saudi Arabia, Russia agree on further output curbs
Business

Oil falls as surprise US stock build douses demand recovery hopes; Saudi Arabia, Russia agree on further output curbs

The decline in oil benchmarks extended losses on Wednesday over uncertainty about Russia’s commitment to deep output cuts ahead of a 9 June meeting of OPEC and its allies.

Gold prices slip on rising dollar, equities; renewed Sino-US trade tensions restrict losses, silver falls 0.7%
Business

Gold prices slip on rising dollar, equities; renewed Sino-US trade tensions restrict losses, silver falls 0.7%

Spot gold was down 0.3 percent at $1,729.05 per ounce. US gold futures fell 0.4 percent to $1,729.40.

Tata Group firms trim payments of top executives for first time in company's history as lockdowns hit business, revenue
Business

Tata Group firms trim payments of top executives for first time in company's history as lockdowns hit business, revenue

The compensation of CEOs and managing directors (MDs) of Tata Steel, Tata Motors, Tata Power, Trent, Tata International, Tata Capital and Voltas, among others, will be cut the report said citing company executives.

Stock Market Latest Updates: Indices end 3-day losing streak, Sensex up 167 points, Nifty above 8,850; Bharti Airtel at record high
Business

Stock Market Latest Updates: Indices end 3-day losing streak, Sensex up 167 points, Nifty above 8,850; Bharti Airtel at record high

Stock Market Latest Updates: Indices end 3-day losing streak, Sensex up 167 points, Nifty above 8,850; Bharti Airtel at record high

Stock Market Latest Updates: Sensex plummets 886 points, Nifty below 9,150-mark; Tech Mahindra, Infosys among top losers
Business

Stock Market Latest Updates: Sensex plummets 886 points, Nifty below 9,150-mark; Tech Mahindra, Infosys among top losers

Stock Market Latest Updates: Sensex plummets 886 points, Nifty below 9,150-mark; Tech Mahindra, Infosys among top losers

Crude prices inch higher on US stockpile drop, but bleak outlook caps gains as virus pandemic crushes fuel demand
Business

Crude prices inch higher on US stockpile drop, but bleak outlook caps gains as virus pandemic crushes fuel demand

A drop in US crude inventories provided some support to prices early in the trading session,

Stock Market Latest Updates: Indices give up intra-day gains as Sensex, Nifty end in red; ICICI Bank, HUL among major losers
Business

Stock Market Latest Updates: Indices give up intra-day gains as Sensex, Nifty end in red; ICICI Bank, HUL among major losers

Stock Market Latest Updates: Indices give up intra-day gains as Sensex, Nifty end in red; ICICI Bank, HUL among major losers

Chinese investment in US drops to lowest level since Great Recession; two-way investments fall to 7-year low
Business

Chinese investment in US drops to lowest level since Great Recession; two-way investments fall to 7-year low

The decline in Beijing's investment in the United States reflected tensions between the world's two biggest economies and Chinese government restrictions on overseas investment.

US unemployment rate spikes to 14.7% in April, highest since Great Depression; 20.5 million jobs vanish
Business

US unemployment rate spikes to 14.7% in April, highest since Great Depression; 20.5 million jobs vanish

The government's report Friday noted that many people who lost jobs in April but didn't look for another one weren't even counted in the unemployment rate.

Coronavirus Outbreak: Facebook extends work from home policy; employees to work remotely until year-end
Business

Coronavirus Outbreak: Facebook extends work from home policy; employees to work remotely until year-end

Facebook Inc said on Friday it would allow its workers who are able to work remotely to do so until the end of the year as the coronavirus pandemic forces governments to extend stay-at-home orders to curb the spread of the disease, Reuters reported

Coronavirus Outbreak: BMW profit down in Q1; says pandemic to slow auto industry 'for quite some time'
Business

Coronavirus Outbreak: BMW profit down in Q1; says pandemic to slow auto industry 'for quite some time'

BMW said that it remained financially solid with 19 billion euros ($21 billion) in cash at the end of the first quarter.

Rupee plunges 71 paise to 75.80 against dollar in early trade; selloff in domestic equities impacts currency
Business

Rupee plunges 71 paise to 75.80 against dollar in early trade; selloff in domestic equities impacts currency

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose by 0.31 percent to 99.38.

Coronavirus lockdown curbs buffalo meat exports, hitting Ramzan supplies; not considered essential item, say exporters
Business

Coronavirus lockdown curbs buffalo meat exports, hitting Ramzan supplies; not considered essential item, say exporters

The spread of coronavirus pandemic has slashed shipments of Indian buffalo meat, driving prices higher and hitting sales.

Coronavirus brews trouble for tea across global markets; labour lockdowns disrupt supply as demand spikes
Business

Coronavirus brews trouble for tea across global markets; labour lockdowns disrupt supply as demand spikes

India’s output is likely to drop by 120 million kgs or 9 percent in 2020 as the lockdown initially forced plantations to suspend plucking during the opening harvest

Crude climbs as storage fills less rapidly than feared; demand may pick up as some European countries, US cities ease lockdowns
Business

Crude climbs as storage fills less rapidly than feared; demand may pick up as some European countries, US cities ease lockdowns

While storage is rapidly filling up, production cuts by US shale producers, estimated by consultants Rystad Energy at 300,000 barrels per day (bpd) for May and June, should help slow flows into tanks.

Coronavirus Impact: US economy faces historic shock, with 16% joblessness possible, says Trump adviser
Business

Coronavirus Impact: US economy faces historic shock, with 16% joblessness possible, says Trump adviser

Lockdowns across the United States to curtail the spread of the novel coronavirus have hammered the economy, shuttering businesses and sending unemployment skyrocketing

Oil hits lowest this century as coronavirus crisis hammers demand; lockdowns to cut fuel demand steeply
Business

Oil hits lowest this century as coronavirus crisis hammers demand; lockdowns to cut fuel demand steeply

The falls follow two of the wildest days in the history of oil trading, with supply looking likely to outstrip demand for months to come.

Fund raising activity goes 'cold' in India; PE, VC investments may dip up to 60% in 2020 due to COVID-19: EY
Business

Fund raising activity goes 'cold' in India; PE, VC investments may dip up to 60% in 2020 due to COVID-19: EY

In the past few years, fund raising activity has been touching record highs, and grew 28 percent to $48 billion in 2019.