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BEIJING: China's factory activity expanded in July for the fifth month in a row and at a faster pace, beating analyst expectations despite disruptions from floods and a resurgence in coronavirus cases around the world.
NEW YORK: Apple Inc on Thursday delivered blowout quarterly results, reporting revenue gains across every category and in every geography as consumers working and learning from home during the COVID-19 pandemic turned to its products and services.
WASHINGTON, July 30 (Xinhua) -- The U.S. economy saw the sharpest contraction in decades between April and June as the country grappled with the fallout of COVID-19 lockdowns, indicating the depth and severity of the pandemic-induced recession.
ROME, July 30 (Xinhua) -- Italy has lost 600,000 jobs in June compared to February -- before the COVID-19 pandemic forced the country into a national lockdown that drove its economy to a halt, according to provisional estimates released by the National Statistics Institute (ISTAT) on Thursday.
SINGAPORE: UBS Group AG and Citigroup Inc are at odds on how Singapore’s move to cap dividend payouts at the nation’s banks will play out for equity investors.
PARIS: Europe’s Airbus announced a new cut in production of its marquee A350 jet as it swung to a larger-than-expected second-quarter loss in the face of global pandemic.
Company posts 23% jump in operating profit in Q2