Business

World faces new ‘Great Depression’ as virus toll mounts

  by Dave Clark with AFP bureaus World powers scrambled on Thursday to build a global response to the human…

Multisys develops first contact tracing system in PH, helps government track and respond to COVID-19 cases

Leading software solutions company Multisys Technologies Corporation developed the first COVID-19 contact tracing system in the Philippines through its emergency…

Global trade will plunge by up to a third in 2020 amid pandemic: WTO

GENEVA, Switzerland (AFP) -- Global trade growth is expected to plummet by up to a third in 2020 due to…

Asian markets mostly down as traders fret over virus

HONG KONG, China (AFP) -- Most Asian equities retreated Wednesday after a two-day rally as investors closely track developments in…

Wall Street opens higher on global recovery signs

NEW YORK, United states (AFP) -- Wall Street opened higher on Monday as traders took heart from news of falling…

Stocks surge on hopes for easing virus crisis

LONDON, United Kingdom (AFP) -- Global equity markets strongly rebounded Monday as some of the world's worst-hit countries reported falling…

OPEC, allies to seek response to coronavirus pandemic

by Benoît PELEGRIN Agence France-Presse LONDON, United Kingdom (AFP) -- OPEC and its allies will meet to discuss oil production…

Asian markets mostly higher but virus uncertainty casts shadow

HONG KONG, China (AFP) -- Asian markets were mostly up Wednesday after suffering a diabolical first quarter, while traders weigh…

Asia markets mostly up after Wall St rally but nerves remain

HONG KONG, China (AFP) -- Most Asian equities enjoyed gains Tuesday following another rally on Wall Street, while oil bounced,…

Air Canada to temporarily lay off half its workforce

MONTREAL, Canada (AFP) -- Air Canada announced Monday it would temporarily lay off nearly half of its employees and reduce…

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