India unveils budget in wake of COVID slump, proposes doubling healthcare spending

India unveils budget in wake of COVID slump, proposes doubling healthcare spending

Unveiling an annual budget on Monday aimed at reviving an economy that plunged into deepest recorded slump amid the coronavirus pandemic, Finance Minister Nirmala Sitharaman proposed doubling healthcare spending ...

Britain's Rolls-Royce to cut 9,000 jobs amid air travel slump

Britain's Rolls-Royce to cut 9,000 jobs amid air travel slump

Britain's Rolls-Royce said on Wednesday it would cut at least 9,000 jobs from its global staff of 52,000 and could shut factories to adapt to the much smaller aviation market ...

Indian property slump leaves beleaguered banks exposed

Indian property slump leaves beleaguered banks exposed

India might have thought the worst of a bad loans crisis was past, but a severe cash crunch in the real estate industry could augur fresh strife for its banks.

Oil's slump is scattering the workforce

Oil's slump is scattering the workforce

The problem of maintaining a specialist labour pool and supply chain in the face of deep and long activity cycles is both a consequence and contributor to instability in the industry

An uphill battle for athletics as another crisis hits

An uphill battle for athletics as another crisis hits

An uphill battle for athletics as another crisis hits