‘Time is running out’: UK tells firms to brace for no-deal Brexit
UK government is due to send letters to 200,000 traders setting out new customs, tax rules as EU trade talks stall.
Category Archives: Economy
Fashion victims: Garment workers risk losing jobs during crisis
Clothing brands demand heavy cuts in costs of suppliers, many of whom could be forced to lay off workers, survey finds.
China’s consumers likely gave economy a boost in third quarter
Economic growth is expected to have accelerated to 5.2 percent in the July-September period, economists say.
In response to US, China set to pass its own tech protection law
The US has sought to curb big Chinese technology firms by using export controls to limit sales of key innovations.
$9 trillion: The potential income boost from coronavirus vaccine
International Monetary Fund chief says global cooperation on coronavirus vaccine development is key to recovery.
‘Oppressive and dangerous’: Amazon workers take company to court
Employees at Amazon warehouse in New York say firm reinstated output quotas despite the ongoing coronavirus pandemic.
K-pop band BTS’ label, Big Hit, is a smash with Korean investors
Shares of Big Hit Entertainment surge on South Korean market debut, as company uses social media to boost audiences.
In boost to China’s southern powerhouse, Xi praises Shenzhen
Chinese president promises to strengthen property rights, protect entrepreneurs, while semi-autonomous Hong Kong watches on.
IMF deepens India’s economic gloom, slashes growth outlook
Lender predicts India's economy will shrink by 10.3 percent this year as the country struggles with coronavirus impact.
Singapore’s economy shrank at a slower pace in the third quarter
While the trade-reliant economy is showing signs of recovery, sluggish overseas demand suggests a weak rebound.
How your bank savings can help save the planet
The Global Returns Project aims to use a small percentage of people's savings to help groups fighting climate change.
China returns to work with a stock market surge
After eight-day holiday, Chinese investors are encouraged by strong rebound in tourism and fall in coronavirus cases.
Diesel, the king of fuels in India, is making way for petrol
Coronavirus curbs have idled diesel-burning heavy goods vehicles, while more commuters use petrol-fuelled cars.
‘Catastrophic impact’: UK bars, clubs challenge lockdown plan
UK hospitality group launches legal action against government's plans to shut pubs, restaurants to curb spread of virus.
The British economy performed much worse than expected in August
Finance minister Rishi Sunak is due to announce a plan to support jobs that may be affected by new coronavirus measures.
Stock market investors are warming to the idea of a Biden victory
Widening lead by Democratic challenger to Trump in US election lowers risk of a contested result and market volatility.
Huawei in the UK: Parliament body says firm colludes with Beijing
Chinese telecommunications giant Huawei colludes with 'Communist Party apparatus', UK Parliament Defence Committee says.
US economic stimulus hopes give stocks a boost – for now
After saying he is halting talks with Democrats over fiscal stimulus bill, Trump said he will back targeted measures.
Despite differences, UK and EU are nearing a trade deal: Report
EU officials say the two sides will find a way to carry on trade talks beyond UK PM Johnson's October 15 deadline.
Unemployment: The biggest risk facing the world, survey shows
Infectious diseases, fiscal crises, cyberattacks, social instability are the next greatest worries for business leaders.