Seven months ago, China was still the largest supplier of products for fashion companies in the United States, but its significant advantage over Vietnam has since evaporated because of the coronavirus and the decoupling tensions between the world’s two biggest economies.US apparel imports from China, by value, dropped from almost 30 per cent in 2019 to 20 p […]
[DW] Poor infrastructure, logistical hurdles and high prices are some of the challenges that have long affected Africa’s food supply. With border closures and night curfews, the pandemic has exacerbated these problems.
The agreement to this effect was signed on August 3 through exchange between Saroj Khuntia, general manager, Exim Bank, and Adriano Isaias Ubisse, national directorate of treasury, Ministry of Economy and Finance, Mozambique. With the signing of this LOC agreement, Exim Bank till date has extended 14 LOCs to Mozambique, taking their total value to USD 772.44 […]
[ISS] The sudden resignation of the World Trade Organization’s (WTO) director-general, the Brazilian Roberto Azevêdo, has created both opportunity and challenges for Africa. Of the eight candidates to replace Azevêdo, three are African: former Nigerian finance minister Ngozi Okonjo-Iweala; former Kenyan foreign minister and WTO General Council chairpers […]
An extra $600 a week smoothed out sharp differences in benefits among states, and among the people who live in them.
Print edition of London freesheet will remain but focus will shift to digital and mobile platformsCoronavirus – latest updatesSee all our coronavirus coverageThe Evening Standard is to sack a third of its employees, as the London freesheet seeks a dramatic reduction in costs to survive the coronavirus pandemic.The newspaper has been hit particularly hard by […]
Prime Minister Scott Morrison has distanced himself from US President Donald Trump’s threat to ban the Chinese-owned app.
One of Silicon Valley’s most prominent trade-secret cases in recent years came to a close Tuesday, as former Google engineer Anthony Levandowski was sentenced to 18 months in prison.
This delayed floating of tenders, addressing technical specification issues, transportation of equipment and travel of technical experts.
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Square Inc. posted a double earnings surprise Wednesday as the payments company delivered an unexpected surge in revenue for the second quarter in a release that came out a day early due to “early external access” of its financials.
International Business Machines has been named as a Top 25 ”Dividend Giant” by ETF Channel, with a whopping $13.05B worth of stock held by ETFs
The minister added that the country “today is in a mood” to not only bring back economic activity but also become self-reliant, improve the quality and competitive pricing of products.
Exports may be on a path of recovery with the merchandise sent to foreign nations in July reaching almost the same levels as a year ago, Commerce and Industry Minister Piyush Goyal said on Tuesday.
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India’s poultry industry is in dire need of cash after prices slumped earlier this year on speculation fanned by social media that chickens could spread the coronavirus, according to one of the nation’s top producers.
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The Finance Ministry noted in a latest monthly update that with India unlocking, the worst seems to be over for the economy as high-frequency indicators show an improvement from the unprecedented trough the economy had hit in April 2020. These include Index of Industrial Production (IIP), Purchasing Managers Index (PMI), power generation, production of steel […]
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