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The scarring effects of COVID-19 on the global economy | VOX, CEPR Policy Portal

Natalia Martín Fuentes, Isabella Moder 05 February 2021 The COVID-19 pandemic is an unprecedented shock to the global economy and its potential scarring effects are thus difficult to predict. This column presents estimates of the long-term impact of past crises, suggesting that past epidemics and other exogenous shocks did not cause scarring effects, while the negative impact of financial crises on the long-term level of potential growth tends to be persistent. However, unlike previous ...
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Source: voxeu.org

Travel News - Centre may receive INR 15,000 crore from Air India sale: Report

Centre may receive INR 15,000 crore from Air India sale: Report The Centre is likely to receive around INR 15,000 crore from the sale of its stake in national carrier Air India, its subsidiary Air India Express and AISATS. Potential buyers are probably ascribing zero value to the equity of the debt-ridden company, Business Standard reported. The Tata Group is leading the race to acquire Air India, a source told the publication. A reserve price — a formal ind...
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Ultralife Corporation Reports Fourth Quarter Results

Ultralife Corporation Reports Fourth Quarter Results NEWARK, N.Y., Feb. 04, 2021 (GLOBE NEWSWIRE) — Ultralife Corporation (NASDAQ: ULBI) reported GAAP EPS of $0.13, Adjusted EPS of $0.17 and operating income of $1.2 million on revenue of $29.0 million for the fourth quarter ended December 31, 2020 compared to GAAP EPS of $0.10, Adjusted EPS of $0.13 and operating income of $2.5 million on revenue of $31.0 million for the fourth quarter of 2019. For fiscal 2020, Ultralife produced GAAP EPS of ...
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Itaú Unibanco Holding S.A. Announcement to the Market

136,925 1 BRGAAP represents accounting practices in force in Brazil for financial institutions, according to regulation of the Central Bank of Brazil; 2 Resulted from reclassification of assets and liabilities and other effects from the adoption of IFRS; 3 Resulted from the elimination of transactions between parent company and exclusive funds (particularly PGBL and VGBL funds), which are consolidated under IFRS; 4 Refer to reclassification of financial assets between measurement categories at...
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Seemingly Simple Things that Are Often Done Wrong: Patent Assignments and The German Act On Employee Inventions | Porter Hedges LLP

To embed, copy and paste the code into your website or blog: The vast majority of patent litigation involves a patent or a patent portfolio that has been assigned at least once during its life. Yet seemingly simple and ubiquitous patent assignment documents are blundered by even experienced counsel. Failed patent assignments present a conspicuous procedural trap for unwary patent owners and creates an opportunity for a Federal Rule of Civil Procedure 12(b)(1) “lack of standing” challenge. [...
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Arrow Reports Annual Net Income of $40.8 million and Continued COVID-19 Response

Share this article GLENS FALLS, N.Y., Jan. 28, 2021 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS ® – AROW) announced operating results for the three- and 12-month periods ended December 31, 2020. For the fourth quarter of 2020, net income was $12.5 million, an increase of $2.8 million, or 28.3%, from the fourth quarter of 2019. For the year ended December 31, 2020, net income was a record $40.8 million, up 8.9% over net income of $37.5 million for 2019. Diluted EPS was $0.81 for th...
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Chunghwa Telecom Reports 2021 Guidance

Chunghwa Telecom Reports 2021 Guidance News provided by Share this article Share this article TAIPEI, Jan. 26, 2021 /PRNewswire/ -- Chunghwa Telecom Co., Ltd. (TAIEX: 2412,NYSE: CHT) ("Chunghwa" or "the Company") today reported its guidance for 2021 on a consolidated basis. All figures were prepared in accordance with Taiwan-International Financial Reporting Standards ("T-IFRSs"). Mr. Chi-Mau Sheih, Chairman and CEO of Chunghwa Telecom, stated: "As we turn to 2021, we remain focused on 5G deve...
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International Monetary Fund Internship Program (FIP) 2021 for young professionals (Fully Funded to Washington D.C. USA)

Application Deadline: February 15th 2021 IMF summer interns gain an insider’s view of the member-country-focused mandate and critical international work of the IMF. You will build professional networks while you apply your research and analytical skills to help us explore questions of real importance to our member countries and to global economic stability. Whether you see a future for yourself in international organizations or are simply curious about policy and operational work, this is an ...
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Kimberly-Clark Announces Year-End 2020 Results And 2021 Outlook

Press release content from PR Newswire. The AP news staff was not involved in its creation. Kimberly-Clark Announces Year-End 2020 Results And 2021 Outlook January 25, 2021 GMT DALLAS, Jan. 25, 2021 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) today reported year-end 2020 results and provided its 2021 outlook. Executive Summary Fourth quarter 2020 net sales of $4.8 billion increased 6 percent compared to the year-ago period, including organic sales growth of 5 percent. Full-year 2020 ...
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Source: apnews.com

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