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World 26 Sep 2020 | 4:55 AM

Canada's natural resources industry sees record decline in employment amid COVID-19 pandemic

OTTAWA, Sept. 25 (Xinhua) -- A total of 42,950 people in Canada's natural resources industry fell out of work in April, May and June due to impact of the COVID-19 pandemic, according to Statistics Canada Friday.

World 25 Sep 2020 | 5:56 AM

Roundup: Italy's food industry eyes exports, e-commerce for uncertain recovery

ROME, Sept. 24 (Xinhua) -- After performing well in the coronavirus emergency phase, Italy's food industry looked at exports and e-commerce as key factors in an uncertain recovery scenario, a study suggested on Thursday.

World 25 Sep 2020 | 4:45 AM

Brazil's central bank upgrades 2020 growth forecast to 5 pct drop in GDP

BRASILIA, Sept. 24 (Xinhua) -- The Central Bank of Brazil upgraded its economic growth forecast for 2020, from a 6.4 percent contraction to a 5 percent contraction, the bank said Thursday in its Quarterly Report on Inflation.

World 25 Sep 2020 | 2:58 AM

Weekly storage of natural gas in U.S. up 1.8 pct: EIA

HOUSTON, Sept. 24 (Xinhua) -- Working gas storage in the contiguous United States was 3,680 billion cubic feet (about 104.2 billion cubic meters) in the week ending Sept. 18, a net increase of 66 billion cubic feet, or 1.8 percent, from the previous week, the U.S. Energy Information Administration (EIA) said Thursday in a report.

World 25 Sep 2020 | 2:50 AM

Gold up after overselling

CHICAGO, Sept. 24 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Thursday as the precious metal became oversold.

World 25 Sep 2020 | 2:03 AM

Croatia foresees 8 pct GDP drop in 2020

ZAGREB, Sept. 24 (Xinhua) -- The Croatian government released on Thursday its prediction of eight percent gross domestic product (GDP) drop in 2020 and five percent growth in 2021, as well as growth of 3.4 percent and 3.1 percent for 2022 and 2023, respectively.

World 25 Sep 2020 | 1:11 AM

Italy's non-EU exports down 11.7 pct, exports to China up 4.8 pct YoY: ISTAT

ROME, Sept. 24 (Xinhua) -- Italy's exports to non-European Union (EU) countries dropped 11.7 percent in August 2020 compared with the same month last year, according to preliminary data published by the country's National Institute of Statistics (ISTAT) on Thursday.