As companies manufacturer goods, human inspectors review them for defects. Think of a scratch on smartphone glass or a weakness in raw steel that could have an impact downstream when it gets turned in
British mortgage approvals for house purchase hit their highest in almost 13 years in August, showing more signs of recovery, data from the Bank of England (BoE) showed.Mortgage approvals increase
The recovery in China's service sector activity extended into a fourth straight month in August, an industry survey showed on Thursday, with companies hiring more people for the first time since Janu
03:08 Chinese manufacturers have been consistent in catering to the global demand in various sectors despite fears of a recalibration of the global supply chain triggered by the COVID-
The coronavirus pandemic has disrupted air travel. /VCG The International Energy Agency (IEA) cut its 2020 oil demand forecast on Thursday, warning that reduced air travel due to the coronavir
VCG The founder of China's largest chipmaker SMIC said on Tuesday he was "optimistic" China could catch up with the United States in the next generation of semiconductors but that U.S. efforts
Wall Street's major averages closed mostly lower on Thursday after data showed the U.S. economy contracted massively in the second quarter. The Dow Jones Industrial Average decreased 225.92 points, o
U.S. stocks fell sharply on Thursday with the Dow dropping more than 500 points after data showed the U.S. economy contracted at an annual rate of 32.9 percent in the s
Japan's factory activity contracted for a 15th straight month in July, indicating the economic pain from the coronavirus crisis extended into the third quarter of the year as hopes for a quick glo
China's 3.2 percent growth in gross domestic product (GDP) in the second quarter of this year shows that the economic recovery has gained significant steam in the last
Britain's economy took a first step on the long road to recovery from the COVID-19 crisis in May, as activity began to pick up after lockdown restrictions began to ease, but there was less of a re
The coronavirus pandemic has exposed the weakness of the European Union and Germany will use its presidency of the bloc to promote solidarity and economic prosperity am
The domestic stock market is advancing today on the back of some better-than-anticipated economic recovery data in the United States. While retail spending is still lower compared to the year-ago peri
A review of the neurological symptoms of COVID-19 patients in current scientific literature reveals the disease poses a threat to the entire nervous system, said a Northwestern Medicine study post
World Bank: The global economy is expected to shrink by 5.2 percent in 2020 due to the COVID-19 pandemic. /The World Bank The global economy is expected to shrink by 5.2 percent in 2020 due to
Chinese recovery is going to look "very impressive" with a growth of 5-6 percent quarter on quarter in April-June, said Michael Spencer, Deutsche Bank's chief economist and head of research for As
Security researchers have discovered a new kind of ransomware that uses a little-known Java file format to make it more difficult to detect before it detonates its file-encrypting payload.Consulting g
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