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'We needed to go': Rich Americans activate Covid-19 pandemic escape plans

New Zealand features prominently in plans for doomsday survival

'We needed to go': Rich Americans activate Covid-19 pandemic escape plans
Updated On : 21 Apr 2020 | 2:23 AM IST

India's ban on flying to stay until coronavirus no longer a danger

The ban will be lifted only when the government determines that the virus is no longer a threat, Hardeep Singh Puri wrote in a Twitter post

India's ban on flying to stay until coronavirus no longer a danger
Updated On : 21 Apr 2020 | 1:33 AM IST

The Music Industry's Lost Summer: No Bieber, No Swift and Mass Layoffs

While sports leagues and restaurants try to figure out when they can reopen to the public, there's growing recognition among music industry executives that concerts won't be coming back anytime soon.

The Music Industry's Lost Summer: No Bieber, No Swift and Mass Layoffs
Updated On : 18 Apr 2020 | 8:07 PM IST

Hong Kong police arrest 14 pro-democracy activists for organising protests

The police action was connected to unauthorized assemblies on Aug. 18, Oct. 1 and 20 in Hong Kong Island and Kowloon last year, Superintendent Lam Wing-ho said at a briefing on Saturday.

Hong Kong police arrest 14 pro-democracy activists for organising protests
Updated On : 18 Apr 2020 | 7:52 PM IST

Fair to furlough? Britain's massive job-saving plan prompts pushback

While more than half of UK companies are expected to apply for government grants to pay furloughed employees, critics say they expect too much of the cash to go where it's not needed.

Fair to furlough? Britain's massive job-saving plan prompts pushback
Updated On : 18 Apr 2020 | 7:41 PM IST

Cash levels jump to highest since 9/11 terrorist attacks: BoFA survey

Fund managers have shunned risk, with equity allocations the lowest since the 2009 financial crisis

Cash levels jump to highest since 9/11 terrorist attacks: BoFA survey
Updated On : 15 Apr 2020 | 2:02 AM IST

Gold, equities show unusual sync in March; nosedive, recover at same times

Both nosedived in mid-March amid panic selling and forced margin calls; each then recovered by about 20% as central banks and governments kicked in more stimulus

Gold, equities show unusual sync in March; nosedive, recover at same times
Updated On : 15 Apr 2020 | 1:40 AM IST

AstraZeneca plans to test new cancer medicine in coronavirus battle

The treatment for lymphoma may lessen the severity of respiratory distress by reducing the inflammation caused by the new coronavirus

AstraZeneca plans to test new cancer medicine in coronavirus battle
Updated On : 14 Apr 2020 | 9:34 PM IST

70 vaccines in the works, with three leading candidates, says WHO

The drug industry is hoping to compress the time it takes to get a vaccine to market - usually about 10 to 15 years - to within the next year

70 vaccines in the works, with three leading candidates, says WHO
Updated On : 14 Apr 2020 | 1:43 AM IST

Will market recover? Indian stocks lose premium to bonds amid global crisis

The 25% tumble in the index has meant that stocks currently offer an earnings yield of about 5.25%, compared with the domestic benchmark 10-year yield of about 6.50%

Will market recover? Indian stocks lose premium to bonds amid global crisis
Updated On : 14 Apr 2020 | 1:34 AM IST

SoftBank's $2-billion guarantee at risk as pandemic hits Oyo business

Oyo risks turning into another problem startup for SoftBank and Son, still reeling from the meltdown at the shared-office company WeWork.

SoftBank's $2-billion guarantee at risk as pandemic hits Oyo business
Updated On : 13 Apr 2020 | 9:01 PM IST

Last Porsche 911 of a generation to be sold for coronavirus relief

The automaker will sell its final seventh-generation 911, a Speedster, in an online auction with RM Sotheby's on April 15.

Last Porsche 911 of a generation to be sold for coronavirus relief
Updated On : 11 Apr 2020 | 9:38 PM IST

Oyo sends thousands on leave without pay, India escapes for now

Oyo said in a statement it's furloughing employees in countries excluding India without specifying numbers, adding that it's not considering job cuts at this time.

Oyo sends thousands on leave without pay, India escapes for now
Updated On : 09 Apr 2020 | 2:42 AM IST

Radhakishan Damani beats coronavirus crisis as net worth soars 11%

Shares of Avenue Supermarts, which contribute nearly all of the wealth to Damani's net worth, have advanced 24 per cent this year.

Radhakishan Damani beats coronavirus crisis as net worth soars 11%
Updated On : 09 Apr 2020 | 12:35 AM IST

90% of trucks in India are now off roads amid coronavirus lockdown

Daily movement of trucks has collapsed to less than 10 per cent of normal levels, according to All India Motor Transport Congress

90% of trucks in India are now off roads amid coronavirus lockdown
Updated On : 08 Apr 2020 | 1:45 AM IST

Coronavirus: I really messed up on security, says Zoom chief Eric Yuan

The service, once mostly used for client conferences and training webinars, has emerged in the coronavirus lockdown as a home for virtual cocktail hours, exercise classes, cabinet meetings

Coronavirus: I really messed up on security, says Zoom chief Eric Yuan
Updated On : 07 Apr 2020 | 1:58 AM IST

Coronavirus impact: Hoarding of food in countries, threatens global trade

Consumers across the globe are still loading their pantries - and the economic fallout from the virus is just starting

Coronavirus impact: Hoarding of food in countries, threatens global trade
Updated On : 26 Mar 2020 | 12:49 AM IST

Oil's 60% crash due to coronavirus outbreak is tip of an iceberg

Having collapsed by about 60 per cent this year, Brent and West Texas Intermediate crude have stabilised at around $25 a barrel, but the price rout is far deeper for actual cargoes

Oil's 60% crash due to coronavirus outbreak is tip of an iceberg
Updated On : 26 Mar 2020 | 12:27 AM IST

Nestle secret Maggi bouillon recipe adds show to win in emerging markets

Maggi bouillon, used throughout central and West Africa to add flavour to everything from stews to cassava porridge, represents one of Nestle's best-selling products in the region

Nestle secret Maggi bouillon recipe adds show to win in emerging markets
Updated On : 21 Mar 2020 | 11:21 PM IST

The great 2020 coronavirus crash is different as market uncertainty looms

The scariest aspect of the crash is that, for once, it's about something real

The great 2020 coronavirus crash is different as market uncertainty looms
Updated On : 21 Mar 2020 | 11:00 PM IST