Insurance market Lloyd’s of London has said it expects insurance claims from coronavirus related issues to be between $3bn and $4.3bn. That would be the highest insurance claims since the Twin Tower attacks on 11 September 2001 in the US…. Read More ›
Regulations & Legal
Free Trade Negotiations With Japan To Ne Started By The UK
After launching trade agreement negotiations with the United States and the European Union simultaneously, the United Kingdom has now wants to start trade negotiations with Japan and published its negotiating objectives to strike a free trade agreement. The UK’s Department… Read More ›
FBI Says Research On Coronavirus Vaccine Targeted By Chinese Hackers
According to explosive reports published in two newspapers in the United States, research on developing a vaccine against coronavirus are being attempted to be hacked by Chinese hackers, according to alarms raised by the US Federal Bureau of Investigation and… Read More ›
India Announces $266 Billion Package For Supporting Economy Hit By Covid-19
The Indian government has announced a $266 billion assistance package to support its economy which has been hit by the novel coronavirus pandemic. The headline figure was announced by the Indian Prime Minister Narendra Modi through a national address on… Read More ›
Beef ban not tied to call for independent enquiry into COVID-19: Australia’s Trade Minister
On Tuesday, Simon Birmingham, Australia’s Minister for Trade said, China’s decision to ban the import of Australian beef was not a response to its call for a fair and independent enquiry into the origins of the coronavirus disease COVID-19. Birmingham… Read More ›
The EU & Britain start Brexit negotiations even as June 30 deadline looms
On Monday, with little progress made on sticky point, the European Union and Britain commenced trade negotiations even as the June deadline ominously hangs overhead, with both countries yet to agree on extension on negotiations. British Prime Minister Boris Johnson… Read More ›
Bruno Le Maire to take stock of French automotive industry this week
On Monday, French Finance Minister Bruno Le Maire stated, he would be holding new meetings later this week with representatives of the country’s automotive industry which has been hit hard by the coronavirus. In an interview to BFM Business radio… Read More ›
US Job Loss At 14.7%, Highest Ever Since Great Depression
The extent of the economic hit of the coronavirus pandemic in the United States became clearer after reports of the unemployment rate in the country rising to 14.7 per cent. In April alone, 20.5 million jobs were lost in country…. Read More ›
Coronavirus Lockdown Hits Tea Harvesting
The novel coronavirus pandemic is set to hit the tea producers of the world as the disease and the related lockdowns and social distancing norms have resulted in a shutdown of the harvest in several important regions, including picking of… Read More ›
U.S. moves to secure critical power infrastructure from foreign enemies
In a significant development, U.S. President Donald Trump has passed an executive order which proposes to “monitor and replace” any U.S. power grid equipment made by the nation’s foreign enemies. According to analysts, the move would mainly impact Chinese products… Read More ›