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Corporate News 12 Aug 2020 | 7:00 AM

Staycationing Britons opening wallets in boost to retail

LONDON: UK consumer spending warmed up along with the weather in July as people bought more takeaway food and visited local shops.

Economy 06 Aug 2020 | 1:15 PM

Philippine economy dives into recession in worst slump on record

MANILA: The Philippine economy plunged by much more than expected in the second quarter, falling into recession for the first time in 29 years, as economic activity was hammered by one of the world's longest and strictest coronavirus lockdowns.