US weekly jobless claims drop to 881,000 but worries persist

Washington: The number of Americans filing new claims for unemployment benefits fell more than expected last week, but remained extraordinarily high amid signs that the labor market recovery was losing steam as the COVID-19 pandemic continues and government support lapses. Initial claims for state unemployment benefits totaled a seasonally adjusted 881,000 for the week ended […]

IPL in UAE: Sponsors line up for Rajasthan Royals, Kolkata Knight Riders and Sunrisers Hyderabad

Dubai: Lubricants company Valvoline has announced its association with Sunrisers Hyderabad as their principal sponsor in the upcoming edition of the Indian Premier League. The 2016 IPL champions will be seen sporting Valvoline’s logo on their jersey. In addition, the Valvoline brand, along with the Sunrisers Hyderabad, will be launching campaigns to promote their partnership […]

Coronavirus crisis shatters India’s big dreams

Surat: The hit that India’s dreams have taken from the coronavirus pandemic can be found in the hushed streets of Surat’s industrial zone. You can see it in textile mills that took generations to build but are now sputtering, eking out about one-tenth of the fabric they used to make. See more Unveiled: 5-in-1 products […]