Articles by Business Desk

German stocks were off to a bad start on Friday, with the benchmark DAX index losing 169.65 points, or 1.53 percent, opening at 10,896.28 points. Despite the initial losses on Friday, Germany’s DAX index is […]

The Russian government will allocate 25 billion rubles (352 million U.S. dollars) to support the domestic automotive industry hit by the COVID-19 pandemic, Prime Minister Mikhail Mishustin said Thursday. “Of the funds, five billion rubles […]

British Chancellor of the Exchequer Rishi Sunak warned Wednesday that Britain faces a “significant recession” after official figures showed the country’s economy shrank by 2 percent in the first quarter of the year. “Technically a […]

Many Australians could still be jobless by next Christmas, the country’s central bank warned in a dire economic outlook on Friday, as the impact of COVID-19 continued to be felt around the world. In a […]

The vast majority of surveyed firms across Britain said they can be ready to restart operations within three weeks or less “alongside any loosening of the UK lockdown”, a report revealed Wednesday. Conducted by the […]

Struggling in crucial talks with the European Union (EU) after its departure from the bloc on Jan. 31, Britain on Tuesday started the negotiation of a free trade agreement (FTA) with the United States by […]

Bankruptcies over the outbreak of COVID-19 rose sharply in Japan in April, reaching nearly 90, local media reported Tuesday. As of Friday, the number of bankruptcies related to the spread of the virus totaled 114, […]

The House of Peoples, the upper house of the Parliament of Federation of Bosnia and Herzegovina (FBiH), one of two BiH entities, on Monday adopted the so-called coronavirus law, local media Fena reported. The law, […]

Portugal’s public debt fell to 254.8 billion euros (277.73 billion U.S. dollars) in March, a decrease of nearly 0.6 billion euros compared to the previous month, said Portugal’s central bank on Monday. The reduction “was […]