top of page
Long-time Chief Executive Officer Ben Silbermann of Pinterest would step down, handing over the reins of the social media platform to Google...

Stock Market

Google executive to take over as a new CEO of Pinterest

Top accounting firm Ernst & Young has been slammed with a record $100 million fine from the US government...

Stock Market

Accounting firm gets 100 million fine for faulty regulations

The Indian rupee slipped into a fresh low today and extended losses against the US dollar.

Forex

The rupee tumbled to a new low against the dollar in the midst of an increase in crude oil price

Wall Street saw a sharp fall at its closing in a broad sell-off. Consumers' worries over recession have sparked up...

Stock Market

Wall Street Lose Balance after recession strikes growth fear among consumers’

Soaring inflation may be pushing the US economy into a deep recession. Last week's 0.75% interest rate hike by the Federal Reserve...

Stock Market

Inflation ringing the recession bell - Mohammed Shaheen

Coronavirus

11 Jan 2022

China Locks down its Third City, Number of Confined Rises to 20 Million

The Index Today

Xi'an and Yuzhou are now both battling with the Delta variant and neither has reported any Omicron cases. A third Chinese city has locked down its residents because of a Covid-19 outbreak, raising the number confined to their homes in China to about 20 million people.

It is not yet mentioned on how long the lockdown of Anyang, home to 5.5 million people, would last. Mass swab testing was being enforced.
A games official responsible for disease control, Huang Chun, said organizers are counting on the cooperation of athletes and officials to prevent an outbreak that could affect participation.

“If the mass cluster transmission happens, it will impact the games and the schedule for sure," Huang said. “The worst scenario, if it happens, is independent of man’s will, so we leave our options open.”
©Photo: Yin Liqin/China News Service via Getty Images

Clay pottery with table linens
bottom of page