Miscellany

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    Australia warns economy to shrink record 7pc in Q2

    Agence France-Presse . Sydney | Updated at 11:41pm on July 27, 2020

    Australia warned on Thursday that its economy will shrink at its fastest pace in history during the second quarter, while the budget deficit will be...

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    BMW vows to tie executive pay to climate goals

    Agence France-Presse . Munich | Updated at 11:38pm on July 27, 2020

    German giant BMW on Monday said executive pay would in future be tied to meeting strict targets aimed at lowering the luxury carmaker’s carbon emissions....

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    Govt sets rawhide prices 30 pc lower than past year's

    Staff Correspondent | Updated at 12:59pm on July 26, 2020

    The government on Sunday announced the prices of rawhides of animals to be sacrificed during the upcoming Eid-ul-Azha nearly 30 per cent lower than the...

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    Only 9 per cent of ADP allocation youth-oriented

    Staff Correspondent | Updated at 11:07pm on July 25, 2020

    Experts on Saturday emphasised the need for adopting a youth budget framework for the development and empowerment of the youth economically and socially as only...

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    Russia to resume some int’l flights in August

    | Updated at 10:24pm on July 24, 2020

    Russia said on Friday that it would resume some international flights on August 1 after a four-month pause to slow the spread of the coronavirus....

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    TikTok launches $200m ‘creator fund’

    | Updated at 10:23pm on July 24, 2020

    TikTok unveiled plans for a $200 million ‘creator fund’ to add content from emerging social media personalities to the fastgrowing video-sharing app. The new US...

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    US airlines report losses

    Agence France-Presse . New York | Updated at 10:19pm on July 24, 2020

    American Airlines and Southwest Airlines both reported quarterly losses on Thursday as the industry reins in spending and reduces flights amid a shaky demand environment...

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    Twitter accelerates user growth amid pandemic, unrest

    Agence France-Presse . Washington | Updated at 10:18pm on July 24, 2020

    Twitter showed strong gains in its user base with more people turning to the short-message social network during the pandemic and civil unrest, according to...

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    Emirates to cover virus-related medical costs

    Agence France-Presse . Dubai | Updated at 10:15pm on July 24, 2020

    Emirates, the largest airline in the Middle East, will cover customers’ coronavirus-related medical costs in a bid to ‘boost travel confidence’, the Dubai Media Office...

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    US sees jobless claims rise again as lawmakers debate aid

    Agence France-Presse . Washington | Updated at 10:13pm on July 24, 2020

    Newly unemployed Americans filed nearly 1.42 million claims for jobless benefits last week, reversing recent months of decline as the world’s largest economy grapples with...

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