The slowdown in productivity growth - already underway before the crisis – combined with sluggish investment, continued to undermine rises in economic output and material living standards in recent years in many of the world’s economies, according to a new report released today by the OECD.

Sound macroeconomic policies and favourable external conditions have enabled Iceland’s economy to emerge stronger from a decade of post-crisis management. Yet the impact on growth from a drop in tourist arrivals and seafood exports underlines the need for reforms to open up and diversify the economy and improve its resiliency to sectoral shocks, according to the latest OECD Economic Survey of Iceland.

Internet firms continue to drive growth and job creation in the IT industry, with fast-rising demand for mobile services helping to boost revenue and investment in research and development, according to a new OECD report.

The slowdown in productivity growth - already underway before the crisis – combined with sluggish investment, continued to undermine rises in economic output and material living standards in recent years in many of the world’s economies, according to a new report released today by the OECD.

Did you ever wonder if education has a role to play in stemming the obesity epidemic sweeping across all OECD countries? Or what the impact of increasing urbanisation might be on our schools, families, and communities?

During an exclusive conversation with International Business Times, India, founder of LetsOTT, Sunita Kumar shared her ideas about the co-existing nature of theatrical releases and OTT releases.

Madrid and Barcelona must wait as other areas relax restrictions on restaurants and shopping

Social distancing reinstated as new cases are linked to one person who might have had contact with 1,500 others

Five steps to protect workers and employers from a cliff-edge end to temporary economic support

The emirate’s economy is especially vulnerable, and may need a bailout from its big brother, Abu Dhabi

Analysts forecast that growth will contract at similar rate to rest of Europe

1. Tamil Nadu to further relax COVID-19 lockdown restrictions from Monday  The Hindu
2. Coronavirus: Tamil Nadu relaxes lockdown measures further  Times of India
3. Major Relaxations For Non-Containment Zones In Tamil Nadu From Monday  NDTV
4. Tamil Nadu forms panel under ex-RBI Guv Rangarajan to advise measures to bring economy back on track  The Financial Express
5. Tamil Nadu moves Supreme Court against Madras high court order to close Tasmac liquor shops  Times of India
6. View Full coverage on Google News

1. Govt issues new guidelines for restarting industries after lockdown  Livemint
2. Consider Week 1 As Trial: Government On Industry Restart Post Lockdown  NDTV
3. NDMA issues guidelines on restarting manufacturing industries post lockdown  Economic Times
4. After Vizag gas leak, Centre issues guidelines for restarting industries post-coronavirus lockdown  khabrisala
5. 'Consider 1st Week Test Run Period': Post Vizag Tragedy, Govt Issues Rules to Reopen Industries After Loc...  News18
6. View Full coverage on Google News

Neil Simpson takes an in-depth look at how to ensure you are ready to travel for when the world reopens. Advice includes checking passports and insurance policies are still valid.

From travelogues to films and even webcams, Neil Simpson reveals how you can still explore the world from your own home during the lockdown.

Householders are being warned that the surge in energy usage will come at a price - with bills set to increase by an average of £32 a month.

Britain is home to works of art by some of the most important painters of all time, from J.M.W Turner to Salvador Dali. Here we pick nine unmissable masterpieces and show you where to find them...

Single parent Beverley Cohen, 55, from Brighton, pictured with her seriously disabled daughter Liora, left, has felt abandoned by the care system since the start of the Covid-19 outbreak.

ALEXANDRA SHULMAN: How much are you really drinking in these lockdown days? Studies claim that one person in three is drinking less often that causal, but I can't say I've come across them.

Piers Corbyn, 73, called the fine an 'abomination' and an 'attack on human rights' after he refused on numerous occasions to heed the police's polite requests in Central London today.

In Berlin, hundreds of protesters swarmed Alexanderplatz yesterday, clashing with riot police officers and shouting 'We are the people!' and 'Freedom!'.

Qantas Flight 7879 took off from New York's John F. Kennedy at 9.27pm on Saturday with 50 passengers and crew on board. The flight took nineteen hours and sixteen minutes.

US rapper Will.i.am claimed the Qantas staff member was 'aggressive' towards him - the same flight attendant The Veronicas claim was involved in their own disagreement with Qantas.

Virgin Australia said it has no intention of shutting Tigerair down, but an aviation analyst said buying the budget airline would bring the company down if they keep Tigerair running.

The rankings were put together by data consultant company OAG which monitors global flights that arrive and depart within 15 minutes of their allocated time frame.

A Qantas plane is en route to Wuhan to rescue some of the 600 Australians trapped in the Chinese city plagued by coronavirus. 

The flight touched down on Wednesday and passengers from New Zealand and the Pacific Islands were immediately taken to Whangaparaoa military base for a 14-day quarantine.

Virgin Australia will give back annual leave to thousands of workers that were stood down amid the outbreak of coronavirus after the federal parliament passed the $1500 fortnightly wage subsidy.

The Transport Workers Union took the airline to the Federal Court on behalf of workers on sick leave who can no longer access the entitlement after Qantas stood down two thirds of its workforce.

The Newcastle-based baker is back selling coffee, pasties and cakes to customers in-store at an undisclosed number of shops in the Tyneside area as new safety measures are trialled.

El Nacional published allegedly deleted tweets from state military command ZODI La Guaira center which claimed that Russian special forces members were aiding the search for coup members.

Oprah Winfrey walked 2.26 miles to mark Ahmaud Arbery's 26th birthday. 'I wonder what was he thinking in those last seconds of his life?,' Oprah wrote in the Instagram post.

SHRI M. SELVARAJ (NAGAPATTINAM): Tiruvarur Sorting has been serving 2 districts of Tiruvarur and Nagapattinam under my constituency. As an all India measure, the Ministry of Telecommunications already implemented PNOP and MNOP systems. in the Department of Posts. According to these new systems, the speed and Parcel articles booked at Tiruvarur and Nagapattinam RMS meant for Tiruvarur and Nagapattinam are sent to Mayiladuthurai RMS for processing and again sent to Tiruvarur for further delivery. It creates unnecessary delay in the delivery process. Because of this my constituency people suffer a lot. Sometimes for a local delivery itself, it takes two days.

On the other hand, it has come to notice that the divisional administration of RMS Trichy, planned to downgrade the Tiruvarur Sorting office by reducing the staff strength and working hours. Now staff is working during nights to deliver the letters, parcels and speed posts to the customers. But the divisional administration planned to make it as a Day Set. This will create unnecessary delay in the delivery of all the letters to the public. Earlier the processed parcels and speed articles from Mayiladuthurai RMS came by midnight. But nowadays they are-sent in the early morning only, this also creates one day delay in the delivery of letters.I urge the Government to take remedial steps in this regard.

Elon Musk says Tesla may leave its Palo Alto headquarters and Fremont, California factory. In a tweet Saturday morning, the chief executive continued his outrage against shelter-in-place orders that have forced most non-essential businesses to close. Last week, Musk likened the rules to fascism, and urged leaders to "give people their goddamn freedom back." Visit Business Insider's homepage for more stories.After a week of decrying coronavirus shelter-in-place orders that have left Tesla's main factory shuttered and unable to produce vehicles, Elon Musk says the company may move its factory out of the state."Tesla is filing a lawsuit against Alameda County immediately," the chief executive said on Twitter Saturday morning. "The unelected & ignorant 'Interim Health Officer' of Alameda is acting

Lizzo, 31, looked sensational in a sheer dress over a racy corset for her afterparty look, emerging from The Box after a night of party hopping.

Andrew Hebbs, 67 (pictured), told us this week that an appointment with a Toyota dealership for a recalled seatbelt fault on his Prius hybrid had been cancelled.

Road users can rapidly find themselves out of pocket if their bike or vehicle is damaged by one, while cyclists can easily be injured if a pothole causes them to come off their bike.

Benjamin Chen, 33, lost control of the ultra-rare $750,000 Porsche Mirage GT at 7.30 am on Tuesday and plowed into a parked car in New York City, which remains under strict coronavirus lockdown.

Parking officials in parts of Kent, including Sevenoaks, Tonbridge and Malling are pocketing their full public sector salaries despite thousands of workers across the country being furloughed.

Since the lockdown was enforced on 23 March there has been a 'sharp deterioration in driving behaviour, with a noticeable increase in speeding', according to telematics data.

Drivers were caught driving at 'extreme speeds' on quiet roads over the Easter weekend, including a man who was clocked at 151mph on the M1 near London as he led police on a high-speed chase.

Car theft has rocketed by up to 60 per cent in parts of the UK as experts warn British motorists their vehicles are at greater risk during the lockdown (pictured, MailOnline map showing rise of car thefts).

The news of a new model comes as UK car dealers were told they can sell motors to customers as well as deliver them, as long as the government's strict guidelines on social distancing are upheld.

Once restrictions are scaled back, seeing family members unsurprisingly topped the list of first car journeys - though the second priority was to travel to a hairdressers to get a much-needed trim.

Roads with 30mph limits that have been found to be most lethal, with Department for Transport data showing that 60% of all accidents and 34% of all traffic-related fatalities occur in these zones.

Experts said that as soon as demand outstrips supply, motor dealers will 'look to reduce incentives and discounts'

Nick Freeman said the decision by some police forces not to pursue low-level speeding cases will mean motorists in certain parts of the country will effectively have the green light to put their foot down.

Anthony Stott was fatally hit by a truck in northern New South Wales less than 24 hours after stepping off a plane at Brisbane airport on February 9.

Psychologist Dr Julie Smith, pictured, has attracted 700,000 followers who follow her TikTok tips about practical methods of coping with mental illness. Even the World Health Organization uses TikTok.

There were 572 new hospitalizations due to coronavirus reported in New York on Friday, Gov. Andrew Cuomo said Saturday. This is the lowest number since the lockdown on March 20.