President Donald Trump has tapped businessman Louis DeJoy, a top donor to the president and the Republican National Committee, to be the new head of the U.S. Postal Service. DeJoy, a native of Brooklyn, New York, is a North Carolina-based businessman who formerly ran New Breed Corp., a private logistics […]
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The Bank of England expects the U.K. economy to shrink by around 25% in the second quarter as the economy reels from the effects of the new coronavirus. The U.K. central bank agreed at its May meeting to leave the benchmark interest rate unchanged at 0.1% and the size of […]
The DFL must now set a date for the restart with either the weekend of May 16-17 or the following weekend earmarked. German Chancellor Angela Merkel and state leaders on Wednesday gave the Bundesliga the green light to restart behind closed doors from mid-May after weeks of shutdown imposed to […]
Ashish Nehra did not appreciate the fact that every now and then team combination is being tinkered with. Virat Kohli’s Indian team still has a long way to go before it is spoken of in the same breath as Australia of 2000s, feels former India pacer Ashish Nehra. Under Kohli’s […]
US golf industry leaders unveiled a three-stage plan on Tuesday to reopen courses with safety protocols in the wake of the coronavirus pandemic. US golf industry leaders unveiled a three-stage plan Tuesday to reopen courses with safety protocols in the wake of the coronavirus pandemic. Almost all states permit or […]
Earlier this week, Formula One boss Chase Carey targeted the season starting in Austria after the French Grand Prix, scheduled for June 28 was cancelled, becoming the 10th race of the season to be scrapped or postponed. Formula One managing director Ross Brawn said the Austrian Grand Prix’s remote location […]
Sania Mirza has lauded Indian women for being one of the biggest sporting personalities outside of cricket in the country. Path-breaking tennis ace Sania Mirza takes pride in the fact that many of India’s sporting stars, outside cricket, are women even though she believes that it will take a few […]
BEIJING, May 7 — China’s services firms wallowed in contraction in April as layoffs hit a record and export orders plunged after signs of improvement in March, a private survey showed, dashing hopes of a quick recovery from the coronavirus blow. The Caixin/Markit services Purchasing Managers’ Index (PMI) did manage […]
HONG KONG, May 7 — Asian markets dropped today as the economic reality of the coronavirus crisis became even starker, and China-US relations soured, overshadowing recent optimism over the easing of lockdown measures. With countries from Asia-Pacific to Europe and US states reopening their shattered economies, global equities have enjoyed […]
DUBAI, May 7 — In Dubai’s ritzy Marina district, white yachts are tethered to docks, standing idle — like many companies behind a luxury lifestyle industry battered by the coronavirus crisis. The boardwalks that snake around the precinct’s artificial bays and canals, once packed with tourists, mostly from China, Russia […]