Economy

Drive a Pricey Car? These Studies Don't Think Much of You

Drive a Pricey Car? These Studies Don't Think Much of You

In fact, the researchers found that the odds of a auto yielding to pedestrians decreased by 3% with every $1,000 increase in its price tag. Researchers assessed the theory by shuffling volunteers ...

by · Economy

Italy and France ban public gatherings as coronavirus cases spread

Another man in his 50s is also under investigation for possible COVID-19 in NSW. But whether that was due to behavior - notably that most men in China smoke, while few women do - or biological facto...

by · Economy

U.S. increases travel restrictions as Trump confirms first coronavirus death

The United States also advised its citizens not to travel to parts of South Korea and Italy , from where reports of coronavirus have appeared. Now they're saying Trump referred to the coronavirus...

by · Economy
Prices of petroleum products likely to be slashed

Prices of petroleum products likely to be slashed

The government announced on Saturday a Rs5 decrease in the price of petrol per litre . However, the authorities have made a decision to keep the price of petrol unchanged at Rs116.60 per litre for Feb...

by · Economy
British teens can drive Citroen's new all-electric vehicle

British teens can drive Citroen's new all-electric vehicle

Inside, there's space for two and not much else. The interior has hard-wearing and washable materials with a large front parcel shelf by the windscreen. Citroen will open orders in France on March...

by · Economy
California Confirms Second Coronavirus Case of 'Unknown Origin'

California Confirms Second Coronavirus Case of 'Unknown Origin'

CDC Director Dr. Robert Redfield has announced the testing criteria for the organisation has since been changed in the wake of the new development. The county will be conducting surveillance to det...

by · Economy
Coronavirus: 2020 Geneva Motor Show cancelled

Coronavirus: 2020 Geneva Motor Show cancelled

It is the first time since 1946 that the annual Geneva Motor Show first held in 1905 will not take place. Now the Swiss government overruled the organisers and forced the show to be cancelled. T...

by · Economy

World Health Organization raises global risk of coronavirus spread to ‘very high’

WHO Director-General Tedros Adhanom Ghebreyesus on Thursday said that the world was at a "decisive point" and nations could still contain the epidemic if they "act aggressively now". South Korea also...

by · Economy
Advisory issued against China, South Korea travel

Advisory issued against China, South Korea travel

Officials have been mobilising public health tools to contain the outbreak to the Daegu area, but the gradual increase of cases elsewhere has raised concern that authorities are losing control of th...

by · Economy
United States stocks shed 1000 points in biggest sell-off since Lehman shock

United States stocks shed 1000 points in biggest sell-off since Lehman shock

As investors flocked to the safety of high-grade bonds, USA bond yields have plunged, with the benchmark 10-year notes yield hitting a record low of 1.241%. The plunge came a day after President Donal...

by · Economy

Donald Trump ‘very ready’ as USA cases hit 60

It was revealed in the press conference that US Vice President Pence will be in charge of handling the government's approach against Coronavirus. President Donald Trump this week said the coronaviru...

by · Economy
India's GDP grows 4.7% in Q3, marginal improvement over Q2

India's GDP grows 4.7% in Q3, marginal improvement over Q2

The median forecast of a Reuters poll of economists put annual economic growth at 4.7% in the December quarter, marginally higher than 4.5% in the previous quarter thanks to a small rebound in rur...

by · Economy
S.Korea confirms 505 more cases of COVID-19, 1766 in total

S.Korea confirms 505 more cases of COVID-19, 1766 in total

Most of the previously confirmed USA cases had travelled to China , were evacuated from the virus-stricken Diamond Princess cruise ship, or were family members of those cases. "There is every indicat...

by · Economy
China reports 44 new coronavirus deaths

China reports 44 new coronavirus deaths

The virulence of the novel coronavirus continues to show a declining trend in China which reported 29 new fatalities, the lowest in weeks, taking the death toll to 2,744 while the confirmed cases cl...

by · Economy
WHO Increases Coronavirus Risk Assessment to Very High

WHO Increases Coronavirus Risk Assessment to Very High

Italy recorded four more deaths as a result of COVID-19 on Friday, bringing its total to 21. Mainland China - where the virus originated late past year - reported 327 new cases on Friday, the...

by · Economy
Markets fall as virus spreads around the world

Markets fall as virus spreads around the world

On Wall Street Asian stocks tracked a plunge where the benchmark S&P 500 index fell more than 4% on Thursday. Hopes the epidemic, first detected in China in December, would be over swiftly and...

by · Economy
Oil Falls For Fifth Day As Coronavirus Spreads Outside Of China

Oil Falls For Fifth Day As Coronavirus Spreads Outside Of China

In 2019, cheaper WTI Crude, pricier grades from the Middle East because of the OPEC+ cuts, and the higher demand for light sweet United States crude with the IMO shipping fuel regulations, played in...

by · Economy
USA markets plunge more than 4pc as panic grows over coronavirus crisis

USA markets plunge more than 4pc as panic grows over coronavirus crisis

Volume on the New York Stock Exchange totaled 5.96 billion shares with 388 issues advancing, 20 setting new highs, and 2,674 declining, with 690 setting new lows. Still, safe haven investments like bo...

by · Economy

Dow Jones plummets more than 1,000 points amid coronavirus uncertainty

The Dow Jones Industrials declined 12.1% from its February 12 closing high at session lows. The MSCI All-Country World Index fell to the lowest since October, while the Stoxx Europe 600 also entered a...

by · Economy

CoolBitX Raises $16.75 Million in an SBI-Led Financing Round

With its new funding, CoolBitX plans to broaden Sygna's presence past the Asia-Pacific area. The National Development Fund of Taiwan, Korean crypto exchange BitSonic, and Japanese financial compan...

by · Economy
Coronavirus jitters: Chevron tells employees at London office to work from home

Coronavirus jitters: Chevron tells employees at London office to work from home

The company provided coronavirus testing for the employee with symptoms. In the meantime, Chevron is "taking precautionary measures to reduce [its employees] risk of exposure", a company spokeswoman...

by · Economy
Korea, U.S calls off planned joint military drills over virus concerns

Korea, U.S calls off planned joint military drills over virus concerns

Here, police officers wear face masks in front of a hotel in the Canary Island of Tenerife , Spain, Wednesday . The United States Forces Korea on Monday said that a USFK widowed dependent teste...

by · Economy
Trump announces Pence will be 'coronavirus czar'

Trump announces Pence will be 'coronavirus czar'

But it could also lead to further proliferation of the disease. COVID-19, as the illness is officially known, has killed more than 2,700 people in China and dozens of others worldwide. "Likewise the...

by · Economy
Elizabeth Warren Stood By Women's Testimonies At Last Night's Debate

Elizabeth Warren Stood By Women's Testimonies At Last Night's Debate

Bloomberg allegedly told a female employee,"kill it!" when she told him she was pregnant, according to the former Bloomberg executive's 1997 lawsuit . "I never said that", Bloomberg interjected, as s...

by · Economy
Microsoft says supply chain slowed by virus outbreak

Microsoft says supply chain slowed by virus outbreak

Microsoft Corp became the latest tech giant to reduce its quarterly outlook based on the outbreak of a novel coronavirus that's slowing production of computers and crimping sales of an array of consu...

by · Economy
Data of a Company Providing Face Recognition Stolen

Data of a Company Providing Face Recognition Stolen

Controversial facial recognition startup Clearview AI told its customers that its complete list of clients, which includes law enforcement agencies all over the country, was stolen in a data breac...

by · Economy
USA current monetary policy appropriate despite COVID-19 threat: Fed official

USA current monetary policy appropriate despite COVID-19 threat: Fed official

As concerns about the coronavirus have grown, however, the gap between the two has widened at roughly the pace seen last spring before the Fed's run of three rate cuts between July and October. "By ...

by · Economy
Thursday marks largest one-day drop in Dow Jones history

Thursday marks largest one-day drop in Dow Jones history

Global stocks, US government bond yields and oil prices tumbled Thursday, extending losses as investors braced for a drop in business activity and corporate earnings following the spread of the coron...

by · Economy
Trump appoints VP Pence to lead coronavirus response, says USA ‘totally prepared’

Trump appoints VP Pence to lead coronavirus response, says USA ‘totally prepared’

Trump spent close to an hour discussing the virus threat, after a week of sharp stock market losses over the health crisis and concern within the administration that a growing outbreak could affect h...

by · Economy
Disney+ Europe Pre-Orders Open With Special Discount Price

Disney+ Europe Pre-Orders Open With Special Discount Price

As such, if you've been patiently waiting for Disney + to launch in the United Kingdom, watching on enviously as those States-side tuck in to a smorgasbord of content like Thor: Ragnarok, The Mandal...

by · Economy
German business climate rises marginally in February

German business climate rises marginally in February

The Ifo institute said its business climate index rose to 96.1 from an upwardly revised 96.0 in January. In the markets, Italy will sell index-linked and zero-coupon bonds on Wednesday, while German...

by · Economy
Intuit buys Credit Karma for $7.1B in cash, stock

Intuit buys Credit Karma for $7.1B in cash, stock

Intuit published its quarterly earnings report today, which shows a revenue growth of 13% on revenues of $1.7 billion, higher than analysts' expectations of $1.68 billion. It has a track record o...

by · Economy
South Korea mobilizes against drastic increase in Covid-19 cases

South Korea mobilizes against drastic increase in Covid-19 cases

More than 300 cases have been linked to the Shincheonji Church of Jesus sect in Daegu with some 9,300 members either quarantined or asked to stay at home, according to the Korean Centers for Disease...

by · Economy
JP Morgan to roll out digital service in UK

JP Morgan to roll out digital service in UK

JPMorgan has said that blockchain technology has become the foundation for digital currency and fast payments, according to a report by the financial conglomerate. JP Morgan itself is one of t...

by · Economy
Coronavirus: China Shutdowns to Impact Economy, Says White House Economist Tomas Philipson

Coronavirus: China Shutdowns to Impact Economy, Says White House Economist Tomas Philipson

Authorities have yet to pinpoint the source of infection. The financial markets and global economic policymakers seem to be expecting that the coronavirus epidemic will soon be contained notwithst...

by · Economy