That’s about 100,000 more claims than economists predicted and the highest number in a month. It also increased from the previous week – which was also enhanced. The anniversary of the benefit claim spike is just one month away. Last year, initial claims reached 3.3 million in the week ended …
Read More »Barclays reports 38% slide in net profit in 2020, resumes dividend payments
On Thursday, Barclays posted a full-year profit of 3 1.53 billion (2. 2.11 billion) for 2020, down 38% from 2019 but exceeding analyst expectations. The British lender attributed its fourth quarter net profit to 220 million shareholders, despite the UK taking new nationwide lockout measures amid the resurgence of Covid-19. …
Read More »Dubai, the party amid the Great Epidemic, faces its biggest boom in heaven
Dubai, United Arab Emirates (AP) – Mask from the moment you go inside. Bars are full and pulsing like 2019. Social media stars waving bottles of champagne. DJ Spinning party tunes through multi-hour brunch. After becoming one of the first destinations in the world to open up to tourism, Dubai …
Read More »Dubai, the party amid the Great Epidemic, faces its biggest boom in heaven
Dubai, United Arab Emirates (AP) – Mask from the moment you go inside. Bars are full and pulsing like 2019. Social media stars waving bottles of champagne. DJ Spinning party tunes through multi-hour brunch. After becoming one of the first destinations in the world to open up to tourism, Dubai …
Read More »China’s GDP: 2.3% growth in 2020 as recovery recovery accelerates
The world’s second-largest economy expanded 2.3% in 2020 from a year earlier, according to government figures released on Monday. That’s China’s slowest annual growth rate in decades – 1976 hasn’t been a bad year for the country, when GDP fell 1.6% during times of social and economic unrest. But China …
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