Coronavirus economy

Australia suffers from worst recession in 30 years as coronavirus recovery begins
World News

Australia suffers from worst recession in 30 years as coronavirus recovery begins

[ad_1] Coronavirus has done to Australia what even the global financial crisis couldn’t: abruptly end a record growth run and…
Microsoft to permanently close all stores, including Canadian locations
World News

Microsoft to permanently close all stores, including Canadian locations

[ad_1] Microsoft said Friday it is permanently closing nearly all of its physical stores around the world. Like other retailers,…
Trump to expand work visa ban amid coronavirus: official
World News

Trump to expand work visa ban amid coronavirus: official

[ad_1] U.S. President Donald Trump will expand an existing visa ban to include certain non-immigrant work visas as part of…
Global economic pain by COVID-19 far from over even without 2nd wave, report warns
World News

Global economic pain by COVID-19 far from over even without 2nd wave, report warns

[ad_1] The coronavirus crisis has triggered the worst global recession in nearly a century — and the pain is not…
BP to slash 10,000 jobs worldwide over COVID-19 impacts
World News

BP to slash 10,000 jobs worldwide over COVID-19 impacts

[ad_1] Energy producer BP announced Monday that it will slash its global workforce by 10,000 jobs as the COVID-19 pandemic…
U.S. billionaires richer by $434 billion since coronavirus pandemic began: report
World News

U.S. billionaires richer by $434 billion since coronavirus pandemic began: report

[ad_1] Billionaires in the U.S. grew wealthier by US$434 billion (or C$605 billion) during the coronavirus pandemic, according to figures…
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