The coronavirus has far-reaching impacts that extend beyond health, with a wide range of economic effects in sectors ranging from transportation to telecom and retail. We have the latest news on the economic impact of the coronavirus from airlines canceling flights to the delay of...
Vietnam’s supply chain is suffering from the impact of the coronavirus epidemic, which could stall production of the latest Samsung smartphones, the Ministry of Industry and Trade told Reuters on Friday (Feb. 21). Get the Full Story Complete the form to unlock this article and...
Chinese lenders have cut their prime lending rate to try and prop up their country’s economy, which has been ravaged by the coronavirus, according to the Financial Times on Thursday (Feb. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The U.K. FinTech Paysend is introducing Global Account, its international, fee-free mobile money account with a multi-currency wallet, to European users, the company announced on Thursday (Feb. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Google users in the U.K. will no longer have access to European Union data security, instead being moved by the tech giant to American jurisdiction, according to officials, according to Reuters on Wednesday (Feb. 19). Get the Full Story Complete the form to unlock this...
Despite high levels of U.S. and European stocks, Goldman Sachs warns that the coronavirus’ impact could bring it all toppling down, according to the Financial Times on Wednesday (Feb. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Beyond the obvious health impacts of the Coronavirus outbreak itself, where hospitals are filling up and the death toll is mounting, costs of a different sort are looming. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The European Commission is planning a single European market for data, in hopes that by pooling talent, the region can compete with Big Tech in Silicon Valley and China, Reuters reported on Tuesday (Feb. 19). Get the Full Story Complete the form to unlock this...
South Korea may be in danger of a recession in the wake of the deadly coronavirus because of its China-dependent economy, President Moon Jae-in warned. Moon called the virus “more serious than [they] thought,” and said action would need to be taken, the Financial Times reported....
