Posts in tag

economy


Commuters walk along the Thames Path in view of Tower Bridge in London, U.K., on Monday, Dec. 14, 2020. Hollie Adams | Bloomberg via Getty Images LONDON — The U.K. economy contracted by 1.5% in the first quarter of 2021 as nationwide lockdown measures continued to weigh on activity, preliminary estimates revealed on Wednesday. Economists …

The United States National Transportation Safety Board’s preliminary report provided the most detailed account yet of the crash, but did not answer a key question: When did the driver of the car move from behind the wheel to the back seat? The owner of a Tesla Inc. Model S that slammed into a tree last …

The U.S. economy expanded rapidly in the first quarter, growing at a 6.4% annual rate and extending what economists project will be a robust, consumer-led recovery from the pandemic this year. The jump in U.S. gross domestic product in the first three months of the year, reported by the Commerce Department on Thursday, put the …

SINGAPORE – After four months of growth, Singapore’s factory output took a breather, data released on Monday (April 26) by the Economic Development Board (EDB) showed. Manufacturing production in March increased 7.6 per cent from a year ago, but on a seasonally adjusted month-on-month basis, output decreased 1.7 per cent, breaking the recent growth streak. …

The 10-year Treasury Note yield may be on the verge of breaking out of its slump. After stabilizing over the past several weeks, Wells Fargo Securities’ Michael Schumacher predicts the current risk backdrop will re-energize yields in the coming weeks. He lists the Federal Reserve’s high level of comfortableness surrounding rising inflation, the massive amount …

WASHINGTON (AP) — The White House is bringing out the billionaires, the CEOs and the union executives Friday to help sell President Joe Biden’s climate-friendly transformation of the U.S. economy at a virtual summit of world leaders. The closing day of the two-day summit on climate change is to feature Bill Gates and Mike Bloomberg, …

The U.S. Centers for Disease Control and Prevention cleared vaccinated Americans to travel again, but some immunized travelers remain on the fence about making summer plans.   Is it finally safe to fly? What about visiting unvaccinated relatives or traveling with young children?   CNBC Global Traveler asked medical professionals — all of whom are …

PETALING JAYA, Malaysia, April 15, 2021 (GLOBE NEWSWIRE) — Toga Limited’s (OTC: TOGL) wholly-owned subsidiary, TOGL Technology Sdn Bhd (“TOGL Technology”) has been selected for the prestigious GAIN program run by the Malaysia Digital Economy Corporation (MDEC). The Global Acceleration & Innovation Network (GAIN) program – a program under MDEC, a government-owned agency launched in …

The currency was trading Monday at around 8.12 per US dollar, weakening about 12% from Friday. It had slipped even further against the greenback earlier in the morning. The lira’s fall came after Erdogan dismissed Turkish central bank governor Naci Agbal by way of presidential decree early Saturday. Agbal had served less than five months …

In an increasingly interconnected world and with the rise of massive social media corporations and “big data” analytics, digital privacy and data security have never been more important. While in many advanced democratic societies the debate often revolves around the citizen’s right to a private space, in countries such as Iraq the lack of privacy …