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World 31 Jul 2020 | 5:17 AM

Dow closes down over 200 points after record drop in U.S. GDP

NEW YORK, July 30 (Xinhua) -- Wall Street's major averages closed mostly lower on Thursday after data showed the U.S. economy contracted massively in the second quarter.

World 31 Jul 2020 | 4:06 AM

Sweden asks citizens to continue working from home to contain pandemic

STOCKHOLM, July 30 (Xinhua) -- The Swedish Public Health Agency on Thursday called on citizens to continue working from home in autumn to reduce the spread of COVID-19.

World 31 Jul 2020 | 2:18 AM

WHO chief highlights role of young people in fighting COVID-19

GENEVA, July 30 (Xinhua) -- The World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus on Thursday highlighted the role of young people in curbing the COVID-19 outbreak.

Corporate News 31 Jul 2020 | 7:00 AM

Nestle expects 2%-3% growth this year

ZURICH: Nestle has cut its full-year underlying sales growth forecast to 2%-3%, saying demand had slowed as customers worked their way through cupboards they stocked up with food at the start of coronavirus related-lockdowns.