Business

Philippine economy to take 10 years to recover from virus: official

MANILA, Philippines (AFP) -- The Philippine economy will take more than a decade to return to pre-pandemic growth, an official…

China factory activity shrinks for first time since February 2020

Chinese factory activity contracted in September for the first time since the height of its initial coronavirus outbreak in February…

Amazon reaches agreement with two workers who say they were fired illegally

Amazon has reached an agreement with two employees who accused the e-commerce giant of dismissing them in retaliation for their…

Vietnam’s economy suffers record contraction in Q3

HANOI, Vietnam (AFP) -- Vietnam's economy suffered its heaviest contraction on record in the third quarter, officials said Wednesday, after…

United Airlines to dismiss 593 workers who refused vaccines

  NEW YORK, United States (AFP) -- United Airlines will dismiss nearly 600 employees who refused to comply with a…

Asian markets start week with gains but eyes on Evergrande

HONG KONG, China (AFP) -- Equity markets mostly rose in Asia on Monday following a broadly positive lead from Wall…

Bitcoin down 6% after China cryptocurrency crackdown

LONDON, United Kingdom (AFP) -- Bitcoin extended losses Friday after China's latest crackdown on cryptocurrencies. Bitcoin, which had already been…

Globe Business holds G Summit to support MSMEs

Many businesses continue to face the COVID-19 crisis head on, but others have succumbed to the pandemic by closing their…

ADB cuts Asia growth forecast on slow Covid vaccine rollout

MANILA, Philippines (AFP) -- The Asian Development Bank warned of "lasting scars" from the coronavirus pandemic as it cut its…

UK inflation strikes nine-year peak as economy reopens

by Roland JACKSON LONDON, United Kingdom (AFP) -- British annual inflation spiked in August to a nine-year peak on the…

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