Global Economy

U.S. reports record Covid hospitalizations as states roll out restrictions ahead of Thanksgiving

Medical professionals treat a patient infected with the coronavirus disease (COVID-19) at United Memorial Medical Center in Houston, Texas, November 12, 2020. Callaghan O’Hare | Reuters The United States reported a record-high number of people hospitalized with Covid-19 on Friday as more states roll out fresh restrictions to slow the spread of the virus ahead […]


Trump strikes out in Arizona, Michigan, Pennsylvania ballot challenges, Biden’s lead more secure

U.S. President Donald Trump speaks during a campaign event at the Arizona Grand Resort and Spa in Phoenix, Arizona U.S., September 14, 2020. Jonathan Ernst | Reuters President Donald Trump’s already long-shot efforts to reverse an apparent win for President-elect Joe Biden by challenging votes in courts suffered three big setbacks in Arizona, Michigan and […]


What Elliott may be up to with F5 Networks after past success with tech

Traders work the floor of the New York Stock Exchange. NYSE Company: F5 Networks, Inc. (FFIV) Business: F5 is a leading provider of multi-cloud application services that allow its customers to develop, deploy, operate, secure and govern applications in any architecture, from on-premises to public cloud. the Company’s Traffic Management Operating System (TMOS) based offerings […]


Standardised insurance cover for vector-borne diseases in the work

India’s insurance regulator has floated draft guidelines for a standardized medical insurance policy that will cover vector-borne diseases such as Dengue, Malaria, Chikungunya and Zika Virus among others. The proposed product will be available at all health and general insurers once the guidelines are finalized following a consultation process. As per the draft norms, the […]


Cramer: ‘Black swan’ of Trump refusing to leave White House looks less likely, reassuring markets

CNBC’s Jim Cramer said Friday that investors should feel more confident that an orderly transition of power from President Donald Trump to President-elect Joe Biden should occur — suggesting a “black swan” event of Trump refusing to leave the White House, despite losing a democratic election, appears unlikely. Cramer pointed to a number of developments […]


EY India acquires artificial intelligence start-up started by four IIT alumni

Mumbai: EY India has acquired Spotmentor Technologies, an artificial intelligence backed human resource technology start-up started by four Indian Institute of Technology-Kharagpur alumni. The acquisition comes at a time when all the top consulting firms including the big four and the top four strategic firms are racing to integrate more of artificial intelligence and machine […]