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  • Budget must fix a broken labour mkt to boost demand
    on January 20, 2021 at 1:06 pm

    Union finance minister Nirmala Sitharaman has described her upcoming budget as unlike anything seen in the last 100 years. When she presents it on February 1, Sitharaman will not only aim to repair battered government finances and ensure demand recovers in an economy facing its worst contraction since 1952, she must also revive declining revenue and restore job losses.

  • Trump pardons ex-Google self-driving car engineer
    on January 20, 2021 at 12:46 pm

    US President Donald Trump said on Wednesday he had given a full pardon to a former Google engineer sentenced for stealing a trade secret on self-driving cars months before he briefly headed Uber Technologies Inc's rival unit.

  • Trump's parting gifts to Biden: Roaring stocks, more
    on January 20, 2021 at 11:46 am

    When he assumes office on Wednesday, US President-elect Joe Biden will inherit a stock market near all-time highs, along with a gaping budget deficit, a weakening dollar, elevated economic uncertainty and a Federal Reserve that may have less ammunition to fight the next crisis.

  • Jack Ma makes first public appearance since Oct
    on January 20, 2021 at 10:25 am

    Alibaba Group founder Jack Ma met with 100 rural teachers in China via a video meeting on Wednesday, local government media reported, making the businessman's first appearance in public since October last year. Ma has resurfaced after months out of public view, quashing intense speculation about the plight of the billionaire grappling with escalating scrutiny over his internet empire.

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