Tag Archives: hit

[ad_1] Shares in the Asia Pacific rose Tuesday afternoon, and major markets closed regionally for the holidays. Hong Kong’s Hang Seng Index, which closed more than 4% on Monday, rose 0.54% in the afternoon. The city government announced Monday that Hong Kong’s economy contracted 8.9% in the first quarter compared …

[ad_1] NEW DELHI: Legendary investor Warren Buffett, led by Berkshire Hathaway, bled badly in the March quarter thanks to a massive blow from the coronavirus crisis, and the company transferred some money from the stock to the safety of American treasures. The Omaha-based company reported a huge loss of $ …

[ad_1] Prime Minister Narendra Modi held a series of meetings on Saturday with key cabinet ministers and officials from the economy ministries to reaffirm the second stimulus package to lift the economy reeling under the impact of the coronavirus-induced blockade. Interior Minister Amit Shah, Finance Minister Nirmala Sitharaman, representatives of …

[ad_1] Amazon said Friday that the biggest impact it faced due to the Covid-19 pandemic was in India. During the company’s earnings call on Friday, Brian T. Olsavsky, Amazon’s senior vice president and chief financial officer, said the e-commerce company was only delivering essential goods, such as groceries, cutting many …

[ad_1] BENGALURU: Amazon has seen the ‘biggest impact’ of the virus outbreak in India in its international markets due to the Indian government allowing the sale of essential products only through e-commerce, its chief financial officer Brian Olsavsky said during the earnings call Friday, even when Your global sales led …

[ad_1] KOLKATA: West Bengal Chief Minister Mamata Banerjee said on Friday that the ongoing blockade to combat the Covid-19 pandemic has seriously affected the working class. He greeted all workers and their families on “International Workers’ Day” and said that everyone “has to stand shoulder to shoulder with our brothers …

[ad_1] Australian cricketer David Warner, who made his Tik Tok debut a couple of weeks ago, has made great use of the platform. In his latest video, he has been seen dancing to the recent telugu hit Butta Bomma along with his wife, Candice Warner. Butta Bomma is the blockbuster …

[ad_1] Although the trajectory of the Indian coronavirus has decreased in the past two weeks, it is still more pronounced compared to its Asian peers such as Japan, Indonesia, and Pakistan. Singapore, which had a much flatter curve than most other countries previously, has seen a renewed wave of new …

[ad_1] New Delhi: India is considering a goods and services tax relief (GST) package to counter the impact of Covid-19 and help shore up the economy, people with knowledge of the matter said. The package being considered could include a six-month suspension of GST payments for the most affected sectors, …

[ad_1] BENGALURU: The scare around Covid-19 and the subsequent closure in Bengaluru are a repeat of what the city witnessed 102 years ago when another virus, the Spanish flu or Bombay fever, commonly known as influenza, had hit. The disease had killed thousands in 1918, and the fight against the …