Page 1666 - Coronavirus

Boeing reports $2.4 bn loss in Q2 over 737 Max grounding, Covid-19 pandemic

The International Air Transport Association cited the inability of the United States and developing countries to contain the coronavirus

Mondelez recovers ground in Jun after India lockdown disruption: Global CEO

Sales grew in mid single digits, momentum continues in July

Covid-19 infection has been circulating in bats for decades, says study

The team concluded that preventing future pandemics will require better sampling within wild bats

India's Covid-19 fatality rate declining progressively: Health Ministry

35,286 Covid-19 patients discharged in 24 hours till Wednesday morning in India

Treasury gains to aid Q1 profitability of public sector banks: Analysts

Besides the impact of Covid-19, sluggish loan growth due to merger integration, moratorium and delay in the resolution of NCLT accounts are some of the factors that are likely to dent earnings

India Coronavirus Dispatch: Challenges in claiming death insurance

Cases growing fastest in India, how vaccine nationalism threatens to block recovery, and how schools can make up for the lost time-roundup of news on how India is dealing with the pandemic.

Wholesale-retail inflation gap in perishables highest during lockdown

Divergence seen narrowing in June as lockdown restrictions are eased

Centre relaxes norms for employees who could not join work due to lockdown

It said that curtailment of a sanctioned leave may not be agreed to in case the leave of government servants expired during the lockdown period

IndiGo to report June quarter result today; here's what analysts expect

Analysts at Centrum Broking estimate the airline to clock a net loss of Rs 2,672.6 crore driven by low traffic volume, low fleet utilisation and poor coverage of fixed costs

Covid-19: Deutsche Bank reports second-quarter profit despite loan losses

Deutsche bank reported a small net profit of 61 million euros in the second quarter as cost-cutting and revenue growth outweighed increased loan losses due to the virus outbreak. The gain compared with a loss of 3.1 billion euros in the year-earlier quarter, when the bank had large expenses related to its ongoing restructuring. The Frankfurt-based bank said Wednesday it had cut its cost base by 10 percent to 4.8 billion euros as it presses ahead with a drawn-out transformation aimed at improving profitability by reducing costs and riskier investments and activities. The bank said that set-asides for loans that aren't being repaid rose to 761 million euros in the quarter, from 161 million euros in the same quarter a year ago. Revenues rose 1 percent to 6.29 billion euros. Chief financial officer James von Moltke said that the bank is fully on track with a restructuring that is shedding employees and reducing costs.

We urgently need new tools to measure economic recovery after coronavirus

The IMF has revised downward its forecast for global economic growth from -3% to -4.9% this year

What will coronavirus pandemic look like to geologists in the far future?

The pandemic won't leave a direct record of the viruses for geologists of the far future to investigate, as viruses don't fossilise

How Covid-19's crippling effects are crushing govt funds, credit ratings

Almost 975 of those downgrades have been directly affected by Covid or the partly related collapse in oil prices. If cuts to rating outlooks are also added, that number rises to 1,939

MARKET: Sensex slips 422 pts amid a sell-off in RIL; Nifty ends at 11,203

All that happened in the markets today

Rajasthan Guv cancels Independence Day event; cites rising Covid-19 cases

Governor Kalraj Mishra, in a statement, expressed concern over the Covid-19 pandemic

Asian Development Bank approves Rs 22-cr grant to India to combat Covid-19

The grant will be used to procure thermal scanners and essential commodities to strengthen the India's Covid-19 response

Sanofi, GSK to supply up to 60 million doses of Covid-19 vaccine to UK

Sanofi and GSK said they had reached an agreement with Britain to supply it with up to 60 million doses of a potential Covid-19 vaccine, and that discussions with other governments were ongoing

Majority in India against reopening halls, flights due to Covid-19: Survey

The survey showed that 72 per cent of 34,000 people across 255 districts in the country are in favour of not visiting multiplexes in the next 60 days as they feel it will be risky, while only six per

Delinking hotels from hospitals as Covid-19 situation improving: Kejriwal

The Aam Aadmi Party (AAP) government had attached around 40 hotels to hospitals to increase the bed capacity in the city

With 48,000 fresh cases, India's coronavirus tally crosses 1.5 million-mark

India on Wednesday went past the psychological 1.5 million- mark and registered 48,513 fresh novel coronavirus cases and 768 new deaths