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    Facebook surges on user growth in pandemic, sees murky outlook

    Facebook on Wednesday reported a sharp jump in usage as the global pandemic unfolded, in a quarterly update that sparked a rally in shares...

    Google parent Alphabet sees growth despite pandemic

    Google parent Alphabet on Tuesday outshined dim earnings expectations, showing higher revenue and profits despite a coronavirus-induced slowdown in its core digital advertising operations...

    US imposes new restrictions on exports to China

    The United States on Monday posted rule changes that impose new restrictions on exports to China, including aircraft components and many items related to...

    Worst UK slump in `centuries’ looms as lockdown slams business

    Britain may be in the grip of its worst economic slump in centuries, a Bank of England official warned, as the coronavirus lockdown pounded businesses...

    Oil plunges again as virus ravages energy markets

    Brent crude plunged more than 12 percent to below $17 a barrel Wednesday while US oil erased early gains and fell, as the coronavirus...

    ‘Resilient’ luxury giant LVMH sees 15 percent drop in sales

    French luxury giant LVMH vaunted its ability to weather bad times on Thursday as it said revenue slid 15 percent in the first three...

    Global economy on track for sharpest downturn since Great Depression: IMF

    The global economy is expected to shrink by 3.0% during 2020 in a stunning coronavirus-driven collapse of activity that will mark the steepest downturn...

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