Month: July 2020

European shares recovered from their lowest levels in a month on Friday, as investors looked past a severe economic contraction in the euro zone and on to company earnings, while the euro reached its highest in more than two years, set for its best month in a decade.

U.S. President Donald Trump may give himself credit for the performance of the U.S. stock market during his term, but only around a third of Americans agree, according to a Reuters poll.

Malaysia’s AirAsia X Bhd fell to a net loss in its first quarter, a fourth straight quarterly loss as the pandemic slowed air travel demand.

This is the third extension given by the government for taxpayers to file both original and revised tax returns for 2018-19 fiscal.

General Electric Co lost less cash than estimated in the second quarter even as the coronavirus pandemic pummeled demand in its aviation business, resulting in a widerthanexpected quarterly loss.

Their industry has transformed society, linked people around the globe, mined and commercialised users’ personal data, and infuriated critics on both the left and right over speech.

A clutch of indicators including GST collections, railway freight traffic, petrol consumption, peak power demand, electronic toll collections, among others, have all mirrored the incipient signs of recovery, it said.

Basu charged that the breakdown of social cohesion is beginning to hurt India and the sharp economic slowdown started two years before the COVID-19 pandemic.

Singh said the economic expansion in 2022-23 would determine whether or not the initiatives to revive growth are sustainable.

In the wake of the pandemic, many lessors have extended rent concessions to lessees. However, applying the Ind-AS 116 requirements for changes to lease payments could have posed practical difficulties in the current situation.