EU to Offer Exemptions to Vaccine Makers From Lawsuits Amidst Covid 19 Pandemic
The European pharmaceutical industry’s vaccines lobby has pushed the EU for exemptions that would protect its members from lawsuits if there are problems with...
Brazil’s investors withdraw en masse for fears of Bolsonaro
The record outflows, said Monica de Bolle, a senior fellow at the Peterson Institute for International Economics in Washington, “reflect investors’ fears regarding the...
Coronavirus shaking up Globalization
The COVID-19 pandemic is now expected to trigger the worst economic downturn since the Great Depression. Many argue it could unravel globalisation altogether.
Globalisation relies...
Below zero oil prices threaten big losses for ETF investors
Those betting on crude recovery using exchange traded funds face ‘high risks’
Investors who have flooded into the oil markets to bet on a rebound...
Why now is the time to tokenise the world
As we emerge from the coronavirus-induced economic lockdown, it is vital to consider what comes next for business. Written by Bundeep Singh Rangar
In the UK,...
Big companies raise record sums from bond market in panicked rush for cash
The world’s highest-rated companies, including Warren Buffett’s Berkshire Hathaway, Disney and the drugmaker Pfizer, have bolstered their ability to weather the economic downturn, swallowing...
China and AI: what the world can learn and what it should be wary...
China announced in 2017 its ambition to become the world leader in artificial intelligence (AI) by 2030. While the US still leads in absolute...
Software stocks come out as winners amidst pandemic
There is nothing like an economic crisis to bring highly valued technology stocks back to earth. The flight to quality that follows usually hurts...
Incredible fraud case in Vietnam exposes the susceptibility of banks
The financial crisis of 2008 showed just how much the world depends on banks being well run. Since then, regulators have been given new...
Coronavirus: the economic recovery won’t only be U-shaped – it’ll look like a wheelbarrow
The economic effects of the coronavirus crisis will be severe but short-lived, according to much of the recent commentary. The cautious revival in stock...
Coronavirus To cost the Luxury Goods Sector Above $40,000 billion
Luxury companies including Burberry, Ralph Lauren, Coach, and Capri Holdings—which owns Michael Kors, Versace, and Jimmy Choo warned of lost sales amounting to tens...
Dollar’s long-term prospects turn sour
The US dollar is heading for a drop towards the end of this year, according to strategists, in what would mark a reversal from...
