World

Olympus goes out of the camera business

After a year of rumors, denials, and setbacks, it’s finally official: Olympus is going out of the camera business after an 84-year career as one of the world’s most recognized brands in the industry. In a notice published today on its website, Olympus announced that it has signed a memorandum …

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IMF predicts deeper global recession even as economies reopen

WASHINGTON – The International Monetary Fund warned on Wednesday that the global economy is facing an even deeper recession than previously projected, as the coronavirus pandemic continues to sow uncertainty and companies around the world are struggling to rid themselves of the virus. The forecast underscores the scale of the …

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