Search For "global economy"
Air cargo demand plummets but capacity disappears even faster: IATA
Updated : 5 years, 9 months ago IST
Geneva [Switzerland], June 3 (ANI): The International Air Transport Association (IATA) has released data for global air freight markets in April showing that demand dropped 27.7 per cent compared to the same period in 2019 -- the sharpest fall ever recorded.
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Effect of coronavirus measures to leave 'lasting scars' on global economy:
Updated : 5 years, 9 months ago IST
Washington DC [USA], June 3 (Sputnik/ANI): The effects of the measures imposed to fight the novel coronavirus will leave a lasting effect on the world economy, weakening investment, innovation, employment, education, trade, supply chains and consumption, the World Bank said in an analysis on
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Boeing to announce 2,500 voluntary layoffs in initial phase
Updated : 5 years, 9 months ago IST
Washington D.C. [US], May 28 (ANI): With the coronavirus pandemic taking a toll on the global economy, Boeing Co will this week announce about 2,500 voluntary layoffs in the first phase of broader cuts, reported The Wall Street Journal, citing Union Officials.
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Equity indices close in positive zone, Bharti Airtel jumps 11 pc
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 19 (ANI): Equity benchmark indices rebounded on Tuesday after three sessions of losses with metal and auto stocks advancing on the back of positive global cues.
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Equity gauges in the green, metal and auto stocks gain
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 19 (ANI): Equity benchmark indices rebounded during early hours on Tuesday in line with global cues with metal and auto stocks gaining ground.
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COVID-19 economic impact could reach $8.8 trillion globally: ADB
Updated : 5 years, 10 months ago IST
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
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'COVID-19 cover up by China akin to criminal conspiracy'
Updated : 5 years, 10 months ago IST
Brussels [Belgium], May 12 (ANI): The novel coronavirus, also known as the Wuhan virus, cover-up by China is akin to a criminal conspiracy that has endangered entire mankind and threatened to put the global economy on the brink, says EU Chronicle.
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G-20 advanced economies to contract by 5.8 pc with COVID-19 restrictions:
Updated : 5 years, 10 months ago IST
New York [USA], April 30 (ANI): Moody's Investors Service has lowered its 2020-21 real GDP forecasts for all G-20 economies on the ground that economic costs of coronavirus crisis amid the near shutdown of the global economy are accumulating rapidly.
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Increased risk to jobs as European airline revenues collapse: IATA
Updated : 5 years, 10 months ago IST
Geneva [Switzerland], April 24 (ANI): The potential revenue loss by European carriers in 2020 has grown to 89 billion dollars and passenger demand measured in revenue passenger kilometres) is projected to be 55 per cent below 2019 levels, according to the International Air Transport Associat
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Equity indices fall by 2.6 pc as US oil prices dip below zero dollar a bar
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], April 21 (ANI): Equity benchmark indices slipped by 2.7 per cent during early hours on Tuesday in line with Asian peers after US oil prices slipped below zero dollar a barrel in overnight trade.
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UN warns COVID-19 could trigger worst downturn since Great Depression
Updated : 5 years, 11 months ago IST
Washington D.C. [USA], April 18 (ANI): The COVID-19 pandemic could trigger the worst downturn in the global economy since the Great Depression, UN Secretary-General Antonio Guterres said on Friday (local time).
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Asia Pacific to clock lowest growth since 1960s due to COVID-19 pandemic:
Updated : 5 years, 11 months ago IST
Washington DC [USA], April 16 (ANI): Economic growth in the Asia Pacific this year will come to a halt for the first time in 60 years as coronavirus crisis takes an unprecedented toll on the region, the International Monetary Fund has said.
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