London/New York, May 21 (ANI): A total of 155 companies with a combined market capitalisation of over 2.4 trillion dollars and representing over five million employees have signed a statement urging governments around the world to align their COVID-19 economic aid and recovery efforts with t
Manila [The Philippines], May 15 (ANI): The global economy could suffer between 5.8 trillion and 8.8 trillion dollars in losses -- equivalent to 6.4 to 9.7 per cent of global gross domestic product (GDP) -- as a result of the novel coronavirus disease (COVID-19) pandemic, according to a new
Atlanta [USA], May 8 (ANI): Novelis Inc, a subsidiary of Aditya Birla-led Hindalco Industries, has reported 12 per cent year-on-year decline in net sales to 2.7 billion dollars for the fourth quarter of fiscal 2020 due to lower average LME aluminum prices and local market premiums, and a 7 p
New Delhi [India] May 8 (ANI/PRNewswire): In a COVID-19 -ridden world, where the new mantra for survival is impeccable hand hygiene, intellectual and innovative minds of the likes of Dr Suborno Bose, CEO of the International Hospitality Council (IHC) London and CEO and Chief Mentor of the
Kuala Lumpur [Malaysia], May 6 (ANI): Preliminary financial performance figures released on Wednesday by the Association of Asia Pacific Airlines (AAPA) showed that Asia Pacific airlines recorded 3.8 billion dollars in combined net earnings in 2019, marking a 25 per cent decline compared to
Bengaluru (Karnataka), May 6 (ANI): Vernacular.ai, an artificial intelligence-first SaaS business, announced on Wednesday series A investment of 5.1 million dollars (about Rs 38 crore) led by Exfinity Ventures and IAN Fund of Kalaari Capital.
New Delhi [India], May 6 (ANI): The government's increase in petrol and diesel taxes by 21 dollars a barrel and 27 dollars a barrel will result in tax collection increasing by about 21 billion dollars if the tax hike is maintained for a full year, Moody's Investors Service said on Wednesd
Washington D.C. [US], May 5 (Xinhua/ANI): The U.S. Department of the Treasury said on Monday that it plans to borrow about 3 trillion U.S. dollars in the second quarter to support the economy through the COVID-19 pandemic.
Chicago [USA], May 1 (ANI): Aerospace major Boeing has raised 25 billion dollars in a bond offering and said it will not seek government aid in the fallout from coronavirus pandemic.
Manila [The Philippines], May 1 (ANI): Japan has committed to providing emergency support of 150 million dollars to Asian Development Bank (ADB) which is providing several targeted interventions to support its developing member countries (DMCs) in combating the effects of novel coronaviru
Singapore, April 30 (ANI): Moody's Investors Service on Thursday assigned a definitive Baa3 senior secured rating to the 10-year one billion dollars senior secured bullet bonds issued by Adani Electricity Mumbai Ltd (AEML).
New Delhi [India], April 27 (ANI): After a record-breaking six billion dollars in Q4 19, venture capital (VC) investment in India fell sharply to just 2.2 billion dollars in Q1 20 in part due to economic uncertainty, professional services firm KPMG said on Monday.