Business

India: FIR has been registered against Guru Ramdev, Pantanjali CEO and four others for claiming COVID-19 drug

  • Jun 28, 2020

FIR has been registered against yoga guru Ramdev, Patanjali Ayurved Chief Executive Officer (CEO) Acharya Balkrishna, and four others in Jaipur, India, for claiming to have developed a COVID-19 drug called ‘coronil’. An FIR was filed

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India’s government puts restrictions to hold back the sale of ‘Chinese’ products

  • Jun 24, 2020

India’s government puts restrictions to hold back the sale of ‘Chinese’ products and is tightening the screws on Chinese companies after the border fight of Indian and Chinese forces in which 20 Indian soldiers were killed. Indian go

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US: Trump suspending visas for foreign workers through December to protect U.S. workers

  • Jun 23, 2020

U.S. President Donald Trump is suspending the visas for foreign workers through December for a move to protect U.S. workers amid the economic devastation caused by coronavirus pandemic. According to a senior administration official on Monday, said, &l

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China has banned imports of US chicken and close Pepsi factory to slow down the risk of new coronavirus cases

  • Jun 22, 2020

China has banned the imports of US chicken from a top US poultry producer and ordered a Beijing Pepsi factory to close on Sunday to slow down the risk of new coronavirus cases. Some authorities in China has clamped down on food production and dis

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U.S. stocks rise following prior session's heavy rout

  • Jun 15, 2020

U.S. stocks ended higher on Friday as Wall Street tried to recover from the prior session's steep sell-off. The Dow Jones Industrial Average jumped 477.37 points, or 1.90 percent, to 25,605.54. The S&P 500 was up 39.21 points, or 1.31 percent,

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Reebok ends its partnership with CrossFit in outrage over CEO's 'racist' tweet

  • Jun 08, 2020

Sports footwear giant Reebok has decided to end its partnership with CrossFit Inc. later this year following an insensitive comment by the fitness organization's chief executive concerning protests against racial injustice roiling the US. Reebok s

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American billionaires become significantly richer during the pandemic

  • Jun 07, 2020

The combined wealth of America's billionaires, including Amazon.com founder Jeff Bezos and Facebook CEO Mark Zuckerberg, jumped more than 19% or by half a trillion since the onset of the COVID-19 pandemic in the United States, according to a report published by the Institute for Policy Studies (IPS). Dur

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NASA resumes human spaceflight from US soil with historic SpaceX launch

  • May 31, 2020

A rocket ship built by Elon Musk's SpaceX company thundered away from Earth with two Americans on Saturday, ushering in a new era of commercial space travel and putting NASA back in the business of launching astronauts from US soil for the first time in nearly a decade.

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US weekly jobless claims drop, but economic recovery still elusive

  • May 29, 2020

The number of Americans seeking jobless benefits fell for an eighth straight week last week, likely as some people returned to work, but claims remained at astonishingly high levels, suggesting it could take the economy a while to rebound as businesses reopen.

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