Business
German economy hit by spread of new coronavirus
With an increasing number of coronavirus cases confirmed in Germany, the epidemic is starting to take its toll on the German economy.
US added robust 273K jobs in February before virus escalated
Hiring jumped in February as employers added 273,000 jobs, evidence that the economy was in strong shape before the coronavirus began to sweep through the United States.
German factory orders rebound in Jan, ahead of virus impact
Factory orders in Germany rebounded strongly in January after two months of declines, official data showed Friday, but it remains to be seen what impact mounting concerns over the coronavirus outbreak will have on Europe's biggest economy.
Indian depositors scramble for money from stressed bank
India's finance minister assured panicky depositors Friday that their money is safe after the central bank took control of cash-strapped private Yes Bank while working on a rescue plan.
OPEC pushes Russia for deep output cuts amid virus outbreak
The OPEC oil cartel is trying to convince Russia and other non-member producers to join in deep production cuts to prevent weak oil prices from falling even further as the virus outbreak disrupts the global economy.
Rolls-Royce sees expanding aero-engine maintenance service network in China
Rolls-Royce has further expanded its services network in boosting the Chinese market with a new maintenance services agreement singed in the helicopter engine sector, according to Rolls-Royce China Thursday.
Industry group: Virus outbreak could cost airlines $113B
The International Air Transport Association says the virus outbreak that began in China could cost airlines as much as $113 billion in lost revenue due to the collapse of air travel.
Abu Dhabi's long-troubled Etihad reports $870M loss in 2019
Abu Dhabi's long-troubled national carrier Etihad on Thursday reported losses of $870 million in 2019 after losing billions in recent years, calling the result "encouraging."
Impact PR celebrates 15 years of operation
Impact PR, a public relations firm of the country celebrated its 15 years of operation on Thursday.
FBCCI chief for operational model for single-digit lending rate
FBCCI President Sheikh Fazle Fahim on Thursday urged the Finance Ministry and other stakeholders to work out an operational model for banks and businesses for ensuring sustainability under the new regime of single-digit lending rate.