Global economy ‘not out of the woods yet’: IMF Diplomat Editor Jul 20, 2020 Managing Director of the International Monetary Fund Kristalina Georgieva warned that the global economy continues to face…
Putin orders full recovery of Russia’s labour market in 2021 Diplomat Editor Jul 17, 2020 Russian President Vladimir Putin ordered officials to fully restore the country’s labour market, hit by the coronavirus crisis and…
Nokia to add open interfaces to its telecom equipment Diplomat Editor Jul 7, 2020 Finland’s Nokia became the first major telecom equipment maker to commit to adding open interfaces in its products that will allow…
Oil down as U.S. virus spike stokes demand worries Diplomat Editor Jul 7, 2020 Oil prices fell amid concerns that a surge in new coronavirus cases, especially in the United States, will hamper any recovery in…
EU sees deeper recession Diplomat Editor Jul 7, 2020 The eurozone economy will drop deeper into recession this year and rebound less steeply in 2021 than previously thought, the…
Zuckerberg: Advertisers will be back ‘soon enough’ Diplomat Editor Jul 2, 2020 As the ads boycott grows, Mark Zuckerberg shows no sign of backing down. "My guess is that all these advertisers will be back…
Tesla overtakes Toyota as most valuable carmaker Diplomat Editor Jul 2, 2020 Tesla has become the world's most valuable carmaker, overtaking Japan's Toyota, after its stock hit a record high. Shares in…
Huawei’s £1bn UK research centre approved Diplomat Editor Jun 27, 2020 Chinese firm Huawei's plans for a £1bn research centre in the UK have been approved. The tech giant, which is under a security…
Google to pay for ‘high quality’ news in new deal Diplomat Editor Jun 26, 2020 Google says it will pay some news outlets for "high-quality" stories that it uses amid pressure from publishers. Part of the…
Olympus quits camera business after 84 years Diplomat Editor Jun 25, 2020 Olympus, once one of the world's biggest camera brands, is selling off that part of its business after 84 years. The firm said…
China to launch new airline despite travel downturn Diplomat Editor Jun 16, 2020 China's second-biggest airline is to launch a new carrier despite a severe global downturn in passengers caused by the coronavirus…
Facebook launches WhatsApp digital payment service Diplomat Editor Jun 16, 2020 WhatsApp has launched its digital payments service in Brazil as the messaging app capitalises on its popularity in emerging…
Global gas demand expected to fall by 4% in 2020 Diplomat Editor Jun 13, 2020 New report findings have revealed that global gas demand in 2020 is set to fall by twice the amount lost after the 2008 financial…
East Africa aims to cushion economic impact of Covid-19 Diplomat Editor Jun 12, 2020 Finance ministers in East Africa have been highlighting measures designed to cushion the blow from the economic impacts of…