In a statement, German Health Minister Jens Spahn said, Germany could start administering COVID-19 vaccines as early as December 2020. “There is reason to be optimistic that there will be approval for a vaccine in Europe this year,” said Spahn… Read More ›
Strategy
COVID-19 casting a shadow on Britain’s urgent need for FTA with EU: Rishi Sunak
During an interview to the BBC’s Andrew Marr, British Finance Minister Rishi Sunak said, the UK wants to strike a free-trade agreement with the European Union; but in near-term perspective, the concern is overshadowed by the COVID-19 pandemic. When asked… Read More ›
Brazilian Health Ministry signs non-binding letter-of-intent to buy COVID-19 vaccines from 5 companies
In a statement, Brazil’s health ministry said, it will be signing a non-binding letters of intent to buy coronavirus vaccines from four companies as well as from Russia’s sovereign wealth fund; these purchases will be subject to the approval of… Read More ›
Biggest U.S. musical equipment & instruments retailer, Guitar Center Inc, files Chapter 11 bankruptcy
The biggest U.S. retailer for musical equipment and instruments, Guitar Center Inc, has filed for Chapter 11 bankruptcy, in the United States Bankruptcy Court of the Eastern District of Virginia, despite the fact that music lovers continuing to shop online… Read More ›
Europe Could Be Hit By A Third Wave Of The Pandemic, Warns WHO’s Covid Envoy
The beginning of a third wave of the pandemic in Europe in early 2021was predicted by a World Health Organization (WHO) special Covid-19 envoy. The next wave of the novel coronavirus pandemic will take place if various European governments repeat,… Read More ›
New Rules For Banning Shipping In Arctic Come With Waivers Described As ‘A Missed Opportunity’
A series of restrictions have been imposed on ships which use and transport heavy grade oils by the International Maritime Organization with the aim that the restrictions will help to protect the lands, communities and wildlife present in the Arctic… Read More ›
Record 400 Billion-Pound Borrowing To Plan Be Announced By UK Next Week
The largest public borrowing since World War Two is will be announce by the United Kingdom’s finance minister Rishi Sunak when he would be detailing the government’s spending plans next week. The UK economy has seen its biggest hit in… Read More ›
Safety Measures Is Key For Cruise Industry To Get Going, Says Carnival Cruise Boss
It possible for the global cruise industry, worth $150bn annually, to get going again after the pandemic hit by implementing new safety measures, believes the chief of the biggest cruise company of the world. Ever since the novel coronavirus pandemic… Read More ›
Zurich Insurance Group AG in advanced negotiations to acquire MetLife Inc’s car and home insurance business for $4 billion
According to sources familiar with the matter at hand, Zurich Insurance Group AG is in advanced negotiations to acquire MetLife Inc’s property and casualty (P&C) car and home insurance business for around $4 billion. Late on Friday, Zurich Insurance issued a statement… Read More ›
Washington bans 4 more Chinese companies from accessing U.S. investor funds
According to sources familiar with the matter at hand, the United States is slated to designate four more Chinese companies as being backed by China’s military thus curbing their access to U.S. investor funds. The previously unreported designations of the… Read More ›