Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
BlackRock takes equities to overweight for 2021, sees…
BlackRock has raised equities to overweight for 2021, based on its view that the restart of the economy will accelerate with the distribution of vaccines.The firm is raising equities from neutral on a tactical basis,…
India’s economy shrinks sharply as Covid-19 slams small…
NEW DELHI: China has come roaring back from the devastation of Covid-19, and the United States, Europe and Japan are finding their feet. But the hundreds of millions of laborers and shopkeepers who keep India’s…
Fed weighed adjusting bond purchases to provide more…
Federal Reserve officials indicated at their last meeting that adjustments could be made soon to their bond-buying program as the central bank looks to alternate ways it can support the economy.The Fed on Wednesday released…
Immune to downturn? Big Tech continues its surge…
By Daisuke Wakabayashi, Karen Weise, Jack Nicas and Mike IsaacWhile the rest of the U.S. economy languished earlier this year, the tech industry’s biggest companies seemed immune to the downturn, surging as the country worked,…
IMF says Asia’s economy will shrink more in…
The International Monetary Fund's logo at its headquarters in Washington, D.C.Thomas Trutschel | Photothek | Getty ImagesSINGAPORE — Asia's economic contraction this year will be worse than previously thought as several emerging markets in the…
China is open to taking on more debt…
People walk past the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. Jason Lee | ReutersBEIJING — As China recovers from the coronavirus pandemic, the country's central…
Guardians of global economy to meet under cloud…
The guardians of the global economy will gather this week under the cloud of the worst recession since the Great Depression, and a recovery dependent on scientists finding a coronavirus vaccine. The International Monetary Fund…
Reboot economy: Rules around TDS and TCS for…
By Lloyd MathiasThe COVID-19 pandemic and the ensuing disruptions have transformed both individuals and businesses in unimaginable ways. The need to maintain social distancing has resulted in digitization emerging the hero. During the lockdown, digitization…