New-found tech wealth is great but there are some financial mistakes new millionaires should avoid. Dow Jones' Daisy Maxey reports. PHOTO: Getty

Main Street: Ordinary Americans protesting to reopen the economy face only contempt from elites. Images: AFP/Getty Composite: Mark Kelly

Airline passenger revenue is set to plunge by USD 314 billion in 2020, which is a decline of 55 per cent from 2019 due to coronavirus as per the updated analysis released by the International Air Transport Association (IATA).On March 24, the IATA had predicted an estimated loss of USD 252 billion in revenues, which is 44 per cent decline in passenger for airline industry due to severe travel restrictions lasting more than three months as governments across the world try to contain the disease.As per a release by IATA, the world is heading for a recession. The economic shock of the COVID-19 crisis is expected to be at its most severe in Q2 when the GDP is expected to shrink by 6 per cent (by comparison, GDP shrank by 2 per cent at the height of the global financial crisis). Passenger demand closely follows GDP progression. The impact of reduced economic activity in Q2 alone would result in an 8 per cent fall in passenger demand in the third quarter."The release added: "Travel ...

As coronavirus pandemic deepens, over 117 million children in 37 countries are expected to miss out on receiving live-saving measles vaccine, the United Nations said on Tuesday.Measles immunisation campaigns in 24 countries have already been delayed and more will be postponed, the World Health Organization and the UN children's fund UNICEF said."Together, more than 117 million children in 37 countries, many of whom live in regions with ongoing measles outbreaks, could be impacted by the suspension of scheduled immunisation activities," Measles and Rubella Initiative (M & RI) said in a statement.New WHO guidelines endorsed by the Strategic Advisory Group of Experts on Immunisation aim to help countries to sustain immunisation activities during the COVID-19 pandemic."The @MeaslesRubella Initiative supports recommendations to: temporarily pause preventive immunisation campaigns where there's no active outbreak of a vaccine-preventable disease continue routine immunisation services, ..

Right now, the campaign launched in 2014 is best known for its logo - a lion made of cogs - that has shown up on billboards from Hanover to San Francisco

The company is looking to dilute equity stake to strategic partners

The Government of India and the Asian Development Bank (ADB) signed a $1.5 billion loan that will support the government's response to the novel coronavirus disease (COVID-19) pandemic, focusing on immediate priorities such as disease containment and prevention, as well as social protection for the poor and economically vulnerable sections of the society, especially women and disadvantaged groups. Earlier, the ADB's Board of Directors approved the loan to provide budget support to the government to counter and mitigate the adverse health and socio-economic impact of the pandemic.

Saudi Arabia plans to build Neom, a futuristic megacity in the middle of the desert. But residents resisting evictions and a historic collapse in oil prices have raised new questions about the project.

Beyond Meat, Impossible Foods, and other traditional food companies are all betting the rise of meatless alternatives could permanently change the way people look at meat. But are they right? WSJ’s Akane Otani explains. Photo: Beyond Meat

The Massachusetts governor struck a deal for N95 masks from China, but he needed a way to transport them. The New England Patriots plane ended up making the delivery. Photo: New England Patriots

Max Levchin’s financial technology startup Affirm Inc. has raised a $100 million in Series D, according to a person familiar with the matter.

Well-known experts presented `Water: More Nutrition Per Drop' at the April 20 meeting of the UN Commission on Sustainable Development in New York. Sudhirendar Sharma reviews the report and its considerations of the Indian situation.

Vocational training could play a key role in bridging the gap that keeps millions of workers in the unorganised economy away from a better future. The needs of informal sector workers are complex, and mere training for income-generation is seen to be insufficient, writes Varupi Jain.

Mindless disruption of human settlements in the name of wildlife protection, and the corresponding restrictions on the rights of people living within forests destroys the very wildlife for which it is being done. The story of the Asiatic lions of Gir bears witness to this, writes Nandini K Oza.

Mintar Singh, leader of a gang of lion poachers, was finally nabbed last month in MP. 36 of his accomplices were already convicted two years back. Malini Shankar has more.

To great fanfare, the G20 announced a US $1.1 trillion global package, which will actually deliver less than half that amount in new or guaranteed resources. Meanwhile issues of fundamental economic reform were left off the agenda.

By having elections at a time when people are forced to migrate in search of work, we are simply excluding an ever-growing number of citizens from the vote, says P Sainath.

Even allowing for under-valuation, many candidates are worth crores officially. P Sainath looks through election candidates' disclosures in Andhra Pradesh.

What does it mean to rank much better on GDP per capita than in the HDI, as we do? It means we have been less successful in converting income into human development, writes P Sainath.

Freebies for the IPL - at a time of savage food subsidy cuts for the poor - benefit four men who make the Forbes Billionaire List of 2010 and a few other, mere multi-millionaires, notes P Sainath.

The National Advisory Council sent a draft National Rural Employment Guarantee Act to the UPA government this August. The Prime Minister has since committed to bring the Act into Parliament this winter session. Rasika Dhavse reviews the proposed law, its entitlements and promises. See also: Interview with Jean Dreze, NAC member.

Once impoverished and drought-prone, Hiware Bazar in Maharashtra is a shining example of how a visionary leader can use good governance to make degraded areas resource-rich and transform the future of its people through empowerment and inspiration. Ramesh Menon reports.

Sachin A Billion Dreams: Official Marathi Trailer

साल 1994 में आई इस सुपरहिट एनिमेशन को नई तकनीक के साथ फिर से बनाया जा रहा है.

Almost 15 years ago Jeff Bezos, founder of US online retail firm Amazon, said e-commerce was going to change the way the world shops.

COVID-19: Facebook to give USD 100 million in cash grants, ad credits to small businesses

"Climate change is the biggest threat to our planet. I want to work alongside others, both to amplify known ways and to explore new ways of fighting the devastating impact of climate change,' said Bezos who is worth $130 billion.

Mumbai is set to get the highest grant of Rs 488 crore from the Centre’s Rs 4,400 crore fund which is earmarked exclusively for cities with more than one million population in states to improve air quality during 2020-21. Delhi may miss this assistance despite figuring among the most polluted cities in the country as the fund would only be meant for ‘million plus’ population cities in states.

To make it tougher for thieves to steal them, a new mask and has now been put on with cables that are a lot tougher to cut.

The animal keepers and veterinary staff were alerted to monitor the animals, particularly tiger and primates for checking any symptoms of cold, nasal discharge or any symptoms of flu.

According to reports, the lion had been attempting to prey on cattle, which were held fast to a shed right next to the school.

The research, which was published in Current Biology, is aimed at studying about how the reproduction process evolved in the plants over the years.

The meteorite contains nitrogen-bearing organic material in carbonate minerals. This is the first-ever evidence of the presence of organic compounds on the red planet.

The video has left a lot of Twitter users amazed, while some others expressed their perceptions about attitude in this situation.

BP said it planned to reduce cash costs by $2.5 billion by the end of 2021 relative to 2019. "Some of these cost savings may have associated restructuring charges," the company added.

Serum, the world’s largest maker of vaccines by volume, is mass-producing the vaccine candidate developed by the University of Oxford.

The ILO also projects that 1.6 billion workers in the 'informal economy,' stand in immediate danger of having their livelihoods destroyed.

The report further said that the supply additions through infrastructure development boost short-term as well as the potential rate of GDP growth.

O2C undertaking of the company comprises entire oil-to-chemicals business of the company consisting of refining, petrochemicals, fuel retail and aviation fuel (majority interest only) and bulk wholesale marketing businesses together with its assets and liabilities.

The coronavirus has infected workers at dozens of locations, igniting small protests and prompting labour organisers to demand site closures

On Tuesday, Fitch warned India's sovereign rating could come under pressure if its fiscal outlook deteriorates further as the government tries to steer the country through the coronavirus crisis.

The tweets recall Musk's controversial tweets in August 2018 when he said he had "funding secured" for a quickly-aborted campaign to take the electric car maker private.

A year earlier, the conglomerate reported profits of $15.5 billion.

Imports also fell, but only by 6.2 percent, as transportation and shipping began to close down worldwide.

However, the data only reflect company payrolls through April 12 so the report does not reflect the full impact of COVID-19 on the overall employment situation.

GSK has agreed to sell its entire stake in Unilever's Indian business for about 254.8 billion rupees ($3.35 billion) on the open market, cashing in late from the sale of the Horlicks brand.

The company also had to reduce production due to reduced demand.

The world's largest steelmaker had posted a net income of USD 0.4 billion in the year-ago quarter.

Cognizant follows January-December as financial year. Its net profit was at USD 441 million in the March 2019 quarter.