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Posted on June 10, 2020

South Korea Jobless Rate Jumps to 10-year High Amid Pandemic

(Bloomberg) — South Korea’s jobless rate jumped to a 10-year high in May as the coronavirus pandemic continued to take a toll on the country’s trade-dependent economy.The unemployment rate climbed to …

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Posted on June 10, 2020

Venezuela Receives COVID-19 Medical Aid From Iran

Venezuela has received an air cargo shipment of aid from Iran in another sign that ties between the Islamic republic and the South American country — both targets of U.S. sanctions — are …

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Posted on June 10, 2020

Russia, China build case at U.N. to protect Iran from U.S. sanctions threat

Russia and China have started making the case at the United Nations against Washington’s claim that it can trigger a return of all sanctions on Iran at the Security Council, with Moscow invoking a …

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Posted on June 10, 2020

Iran-Israel cyberattacks threaten unofficial rules of engagement

A recent exchange of alleged cyberattacks on critical infrastructure between the two regional rivals is rattling the Middle East and threatens to change the unofficial but implicit agreement on the …

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Posted on June 10, 2020

Stuck-at-Home Demand Prompts Japan Hardware Store Consolidation

Japan had just 28 of the stores in 1973 … The company will take out a 109.6 billion yen loan from Sumitomo Mitsui Banking Corp. to finance the acquisition. Sales of a combined entity would vault it …

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Posted on June 10, 2020

Why Hydrogen, Why Now? Because Climate, Economy And Finance Say So

Why hydrogen? Simply, it can do things electrons cannot. As a molecule, it can be used as a convertible ‘currency’ between renewable energy, chemical feedstock, transport fuel, residential and …

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Posted on June 10, 2020

How covid upended 20 million lives in India’s finance hub

When the bubonic plague arrived on ships in 1896, death and fear emptied half of Mumbai. Ensuing labor shortages devastated the city’s cotton mills, the mainstay of the contemporary economy. Although …

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Posted on June 9, 2020

India’s economy to contract by 3.2 per cent in fiscal year 2020/21: World Bank

The Washington-based multilateral lender said that the COVID-19 pandemic and the multi-phased lockdown imposed to curb its spread has resulted in a devastating blow to the Indian economy.

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Posted on June 9, 2020

Majid Al Futtaim introduces new digital shopping experience ‘Trends At Your Doorstep’ at City Centre Bahrain

Trends At Your Doorstep’ invites customers to shop the latest fashion, beauty, and luxury collections online …

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Posted on June 9, 2020

What You Need To Know About Today’s Elections In Georgia, Nevada, South Carolina and West Virginia

Election season once again forges ahead on Tuesday, as five states — Georgia, Nevada, North Dakota, South Carolina and West Virginia — hold their down-ballot primaries. So here’s a look at today’s key …

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