economy

US futures sink with Asia, Europe stocks after Trump tests positive for Covid-19

  HONG KONG, China (AFP) -- US futures sank with most Asian and European equities Friday after US President Donald…

New US jobless claims fall to 837,000: government

WASHINGTON, United States (AFP) -- New jobless claim filings in the United States fell to 837,000 last week seasonally adjusted,…

Disney to cut 28,000 US employees due to coronavirus

NEW YORK, United States (AFP) -- Disney announced Tuesday it will cut 28,000 jobs from its US parks and experiences…

US economy to recover only when people feel ‘safe’ from virus: Powell

  WASHINGTON, United States (AFP) -- The US economy will only recover from the coronavirus downturn when people feel safe…

Pres. Duterte asks Congress to craft bills addressing red tape, corruption to help PHL economy

  (Eagle News) -- President Rodrigo Duterte has urged leaders of Congress to craft legislation that will address red tape…

Australian unemployment falls, raising recovery hopes

SYDNEY, Australia (AFP) -- Australia's unemployment rate fell slightly to 6.8 percent in August, spurring hopes that the worst of…

New Zealand plunges into recession as economy shrinks record 12%

by Neil SANDS WELLINGTON, New Zealand (AFP) -- New Zealand's economy plunged into recession for the first time in a…

UK facing one million job cuts in 2020 due to virus: study

LONDON, United Kingdom (AFP) -- Coronavirus could potentially cost one million jobs in Britain this year, with most losses anticipated…

Tanzania, Uganda, ink deal on $3.5b oil pipeline project

DAR ES SALAAM, Tanzania (AFP) — Tanzania and Uganda signed an agreement Sunday to commence construction on a 1,445-kilometre (900…

Japan’s economy shrank more than estimated in Q2

  TOKYO, Japan (AFP) -- Japan's economy shrank slightly more than initially thought in the April-June quarter, official data released…

Japan’s economy shrank more than estimated in Q2

TOKYO, Japan (AFP) -- Japan's economy shrank slightly more than initially thought in the April-June quarter, official data released Tuesday…

PHL headline inflation eases to 2.4% in August; Palace credits this to gradual re-opening of economy

(Eagle News) -- The headline inflation in the Philippines eased to 2.4 percent in August, from 2.7 percent in the…

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