economy
Stocks rally as restrictions ease and death rates drop
World
May 11, 2020
Stocks rally as restrictions ease and death rates drop
Asian equity markets rallied Monday as traders looked past a staggering jump in US job losses to focus on governments…
Egypt begins preparing to reopen businesses post-coronavirus
Business
May 9, 2020
Egypt begins preparing to reopen businesses post-coronavirus
The Egyptian government has begun preparations to ease restrictions on businesses once the coronavirus outbreak fades. The Minister of Planning…
Pandemic fuels historic US job losses, EU wants borders kept shut
World
May 9, 2020
Pandemic fuels historic US job losses, EU wants borders kept shut
The United States recorded its steepest job losses in history over the coronavirus pandemic as Europe moved to keep its…
The Coronavirus Crisis Raises Contradictions in Western Countries
Opinion
May 8, 2020
The Coronavirus Crisis Raises Contradictions in Western Countries
Decision-making circles in the world’s countries today are not only preoccupied with how to develop and test ways to limit…
Turkish lira falls to record low against US dollar
Economy
May 7, 2020
Turkish lira falls to record low against US dollar
ISTANBUL (Reuters) — Turkey’s lira fell to a record low against the US dollar on Thursday after traders interpreted comments…
Uber lays off 40% of employees in Egypt amid coronavirus outbreak
Business
May 7, 2020
Uber lays off 40% of employees in Egypt amid coronavirus outbreak
American multinational ride-hailing company Uber Technologies on Wednesday laid off 40 percent of its employees in Egypt due to the…
Germany eyes accelerated return to normality
World
May 6, 2020
Germany eyes accelerated return to normality
Germany is eyeing an almost complete return to normality in May, with plans to send all pupils back to school…
Australia ‘losing $2.5 bn a week’ in virus shutdown
World
May 5, 2020
Australia ‘losing $2.5 bn a week’ in virus shutdown
Australia’s economy is losing Aus$4 billion (US$2.5 billion) every week its virus shutdown continues, with GDP forecast to plunge 10…
Little suspense as Fed meets with US economy in crisis
World
April 26, 2020
Little suspense as Fed meets with US economy in crisis
The Federal Reserve already cut its benchmark lending rate to zero and made unprecedented moves to bolster liquidity as the…
Iran, like wider Middle East, relies on deliveries amid pandemic
Middle East
April 24, 2020
Iran, like wider Middle East, relies on deliveries amid pandemic
TEHRAN, Iran (AP) — For some US$15 a day, deliverymen don masks and gloves in Iran’s capital to zip across…