Online sales job advertisements up 46% in early August
A surge in demand for people to work in sectors closely associated with internet shopping is behind a rise in online job adverts, according to official [...]
Finance
Stock market boom amid hopes to stimulate growth in the US economy and a vaccine against Covid-19
US stock markets moved closer to record highs on Tuesday after investors bet on a fresh round of government spending to lift the economy and counter the effects of the Covid-19 [...]
Facebook founder Mark Zuckerberg joins centibillionaire club
Mark Zuckerberg’s fortune has passed $100bn (£76bn) for the first time, adding him to an exclusive club of the world’s centibillionaires, after Facebook’s shares surged on news it is to launch a rival to the video-sharing app [...]
Virgin Atlantic files for bankruptcy as Covid continues to damage airlines companies
Virgin Atlantic has declared itself bankrupt and is seeking protection from creditors in the US, according to a court filing in New York on [...]
TikTok: Trump purportedly requested parent company to sell Chinese application
Donald Trump will reportedly order the parent company of TikTok to sell the popular video sharing platform because of national-security [...]
U.S. economy has its worst quarter since World War II as GDP shrinks 32.9%
The US economy shrank by an annual rate of 32.9% between April and June, its sharpest contraction since the second world war, government figures revealed on Thursday, as more signs emerged of the coronavirus pandemic’s heavy toll on the country’s [...]
Shell reports $18bn misfortune as worldwide oil and gas costs breakdown
Royal Dutch Shell has reported a deep financial loss after a record writedown on the value of its oil and gas assets due to the collapse in global market prices triggered by [...]
The price of gold reached its record level since recordings started
The price of gold has climbed to a record high, reaching $1,943.93 (£1,513) an ounce, as investors ploughed their money into the precious metal amid fears about the impact of the coronavirus pandemic on the global economy and the worsening US-China trade [...]
Smartwatch maker Garmin suffered from interruptions after ransomware attack
Garmin has been forced to shut down its call centres, website and some other online services after a ransomware attack encrypted the smartwatch maker’s internal network and some production [...]
Josh Friedenberg to present Australia’s largest budget deficit since World War II
The government that went to the last federal election declaring it was “back in black” will on Thursday unveil the largest budget deficit since the second world war, reflecting the substantial fiscal support rolled out during the Covid-19 pandemic, and a deterioration in revenue because of a contraction in [...]