•      Sun Jan 12 2025
Logo
Chinese shoppers spend over $100 billion in shopping fest

HONG KONG (AP) — Chinese consumers spent over a hundred billion dollars during this year’s Singles’ Day shopping festival, signaling a rebound in consumption as China recovers from the coronavirus pandemic and a battering of the economy. From Nov. 1 to Nov. 11, shoppers spent 498.2 billion yuan ($75.1 billion)

2nd study testing a COVID-19 antibody drug has a setback

Washington DC, Oct 30 (AP) — For the second time, a study testing an experimental antibody drug for COVID-19 has

Lee Kun-Hee, force behind Samsung’s rise, dies at 78

SEOUL, South Korea, Oct 25 (AP) — Lee Kun-Hee, the ailing Samsung Electronics chairman who transformed the small television maker

China’s economy accelerates as virus recovery gains strength

BEIJING (AP) — China’s shaky economic recovery from the coronavirus pandemic is gaining strength as consumers return to shopping malls

2 Stanford economists win Nobel prize for improving auctions

STOCKHOLM (AP) — Auctions are everywhere in today’s economy. They determine how Google sells ads, what price consumers end up

Australia’s economy takes sharpest dive since the 1930s

CANBERRA, Australia (AP) — Australia’s economy has suffered its sharpest quarterly drop since the Great Depression because of the pandemic,

China’s companies emerge as global donors in virus pandemic

BEIJING (AP) — As the coronavirus spread, the world’s richest communist dug into his deep pockets. Jack Ma, founder of

Manufacturing output plummets amid COVID-19 lockdown

New Delhi, May 4 (ANI): There was an unprecedented contraction in Indian manufacturing output during April amid the national lockdown

oil tanker
Oil prices crater as demand evaporates, storage fills

NEW YORK, April 21 (AP) — The world is awash in oil, there’s little demand for it and we’re running

IMF approves over USD 1.3 billion emergency financing to Pakistan

Washington (ANI): The International Monetary Fund (IMF) on Thursday approved USD 1.3 billion in emergency financing to Pakistan to address