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Economists: Global market is already in recession due to coronavirus pandemic
American and European economic experts said that the recession in global economy is already here considering the deepening impacts of the coronavirus disease 2019...
Volkswagen hit with $34 Billion fine over diesel scandal; shares plan...
The world’s largest carmaker, Volkswagen, disclosed that it will spend a sum of $34.69 billion equivalent to 31.3 billion euros to pay fines and...
Japanese retail giant Uniqlo reopens stores in China
Fast retailing company, the owner of Japan’s Uniqlo, announced that it has reopened most of it stores in China, particularly those located outside the...
Internet speed slows down globally due to coronavirus
Billions of people around the world have been raising concerns over the limitations of internet speed, connectivity and capacity amid the coronavirus pandemic.
The growing...
Gas station owner charged for $500M fraud scheme
The owner of a California-based gas station face charges for allegedly stealing around $500 million government funds to expand a biodiesel fraud scheme with...
Amazon becomes “go-to” e-commerce site amid coronavirus
As millions of people around the globe are urged to stay indoors to halt the spread of the coronavirus pandemic, American e commerce giant...
Filipinos struggle amid coronavirus quarantine
Effective March 16, the Philippines’ largest island, Luzon, has been placed under “enhanced community quarantine” as the government grapples to contain the fast spreading...
Angiotensin receptor blockers could be used to treat coronavirus, researchers say
Global scientists continue to struggle to develop a treatment for the Coronavirus Disease 2019 (COVID-19) that has already infected over 180,000 and killed more...
Malaysians brace for economic and social impacts of lockdown
In Malaysia, more than 32 million people will be confined to their homes beginning March 18 as the government’s nationwide lockdown takes effect following...
Filipinos raise concerns over ‘enhanced community quarantine’ amid coronavirus
Philippine President Rodrigo Duterte intensified the government’s efforts to contain the coronavirus outbreak by placing the entire Luzon island under “enhanced community quarantine” effective...