EconomySociety

Americans hit by pandemic create start-ups at record clip

Americans enduring a feeble economy and high unemployment because of the coronavirus pandemic are creating start-up companies at a record pace. The drive is favored by very low interest rates, banks that are eager to lend and people with money saved up — both…
EconomyLusofonia

Macau organizes three fairs simultaneously with bet on online

This Thursday the joint edition of the Macau International Fair, the Exhibition of Products and Services of Portuguese Speaking Countries and the Franchise Fair kicks off. It is the first time that these three fairs have taken place simultaneously. Because of the Covid-19…
Economy

Chinese new-energy vehicles head to Europe

SAIC Motor, China’s largest automaker, exported 1,800 new-energy vehicles under its MG brand to Europe on Tuesday. The company aims to sell 100,000 self-owned brand vehicles in Europe by 2025. This is the first time the automaker has established a self-owned…
EconomyWorld

Travel restrictions in Europe impacting tourism in Africa

European countries’ travel restrictions related to the covid-19 pandemic could cause the African continent to lose 17.4 million jobs and 102 billion euros by the end of the year, according to a report by the Tony Blair Institute. The report estimates the economic…
ChinaEconomy

Chinese economy continues on recovery road

China’s economy saw a further recovery in September, especially in the services sector, with positive growth for the first three quarters that was reversing the negative figure for the first half of 2020. The nation’s gross domestic product in the first three…