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World

U.S. stocks rise amid earnings, mixed data

NEW YORK, Aug. 5 (Xinhua) -- U.S. stocks rallied on Wednesday as investors pored through a batch of earnings reports and economic data.

Economy

India’s services activity shrinks for fifth straight month

BENGALURU: India’s dominant services industry, a key driver of economic growth, shrank for a fifth straight month in July as restraining measures to stop the spread of the coronavirus hurt business activity and led to record job cuts, a survey showed.

World

U.S. manufacturing activity expands in July amid resurgence in COVID-19 cases

WASHINGTON, Aug. 3 (Xinhua) -- Economic activity in the U.S. manufacturing sector expanded in July amid a resurgence in new COVID-19 infections, the Institute for Supply Management (ISM) reported Monday.