Business

US encourages El Salvador to regulate use of bitcoin

A senior US State Department official met El Salvador President Nayib Bukele on Wednesday and recommended the regulation of bitcoin once it becomes legal tender in the Central American country from September.

Business

Advertising slump during virus crisis hits media jobs

Media redundancies, partial layoffs and managerial wage cuts are on the rise as advertising markets implode, despite customers showing an ever stronger appetite for information on the coronavirus crisis.

Profits dip at India's Infosys

India's second-largest IT outsourcing firm Infosys on Friday reported a 2.2-percent dip in quarterly net profits, hit by slowing demand for its software services in Western markets.

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