Job growth returned to the U.S. in January, with nonfarm payrolls increasing by 49,000 while the unemployment rate fell to 6.3%, the Labor Department said Friday in the first employment report of the Biden administration. Economists surveyed by Dow Jones had been looking for growth of 50,000 and the unemployment […]

London (CNN Business)For the first time in its 25-year history, the World Trade Organization will be led by a woman. The field of candidates vying to become the next director-general of the WTO later this year has been reduced to Nigeria’s Ngozi Okonjo-Iweala and South Korea’s Yoo Myung-hee, the Geneva-based […]

This is an update to our May and July PPP Small Business Loans reports. You can purchase all three reports now for the price of one. This report outlines the final numbers after the second tranche’s summer expiry, and will be available for free to those who have purchased any of the […]

An indefinite extension and radical reform of the government’s flagship furlough scheme is urgently needed to save Britain from an unemployment crisis, the shadow chancellor, Anneliese Dodds, will say on Friday. Amid fears that the Treasury will unwind support for the economy too quickly, Dodds will call for a “smart” […]

Market cap of government companies has remained unchanged in the past 8 years. India’s listed public sector undertakings (PSUs) continue to be laggards on the bourses, despite a strong rally in the broader markets since March last year. The BSE PSU index has gained 29 per cent since March 2020, […]

Nasdaq-listed Li Auto delivered 5,379 Li One SUVs in January, down from December's 6,126 figure but a four-fold increase from last year. Chinese electric car start-ups Nio and Xpeng both delivered more cars than Li Auto last month. Competition increased in January with Tesla announcing its China-made Model Y would […]

That’s a big change that was made possible due to corporate tax cuts.  Corporation tax collection in FY22 will be lower than even the FY18 levels, reports Abhishek Waghmare. Budget 2021 plans to spend a staggering Rs 11.7 trillion in only three months till March, a record of sorts and taking […]

Honeywell CEO Darius Adamczyk told CNBC on Tuesday the idea for a large-scale vaccination site in Charlotte, North Carolina, came about during a walk with friends. Those friends were Carolina Panthers President Tom Glick and Atrium Health CEO Gene Woods. "We said, 'You know, maybe we could help here. Maybe […]