Hong Kong’s status as a global financial hub will have serious implications because of the rapidly deteriorating relationship between the United States and many other Western countries and China. The singing of a presidential executive order by the US president… Read More ›
Sustainability
Its Vaccine Trial Produced ‘Robust’ Immune Response, Says Moderna, Shares Spike
The United States bade pharma company Moderna claimed that its vaccine against the Covid-19 disease have displayed “robust” immune response in all 45 patients in its early stage human trial. This was revealed in a newly released data that was… Read More ›
Cvoid-19 Pandemic To Result In 9,000 Job Cuts At Emirates
The novel coronaavirus pandemic induced crisis is forcing the Middle Eastern airline Emirates to cut as many as 9,000 jobs, said the president of the company. This is the first occasion that the actual number of job cuts has been… Read More ›
Rift Among Scientists Over Whether Cvoid-19 Germs Are Airborne Exposed By Pandemic
A clash among medical experts has started with the emergence of the novel coronavirus pandemic which dates back nearly a century when the germ theory was formulated. Earlier this week, the Geneva-based World Health Organization confirmed that the germs of… Read More ›
IMF Urge Governments To Back Pandemic Hit Firms Via ‘Equity-Like’ Support
The damaging impact of the novel coronavirus pandemic on companies has been prolonged and therefore the government support focused on loans needs to be shifted to “equity-like” support from the government, urged the Chief Economist at the International Monetary Fund,… Read More ›
UN Summit: Coronavirus Effect On Global Job Scenario Discussed By Global Leaders
Calls for a comprehensive approach to address the impact of the novel coornavirus pandemic was given by global leaders at a summit of the United Nations labour agency. Covid-19 had plunged the world of work into “unprecedented crisis”, said Guy… Read More ›
European Council President Charles Michel proposes 5 billion euros Brexit adjustment fund
On Friday, European Council President Charles Michel said, the Brexit negotiations were certainly not easy and that countries, regions and industries will face disruptions from 2021 regardless of whether there is a deal or not. He also laid out a… Read More ›
200 Year Old US Retailer Brooks Brothers Files For Bankruptcy Protection Due To Pandemic
The latest retailer in the United States to wind up because of the novel coronavirus pandemic hit is one of America’s oldest clothing brands Brooks Brothers as the company filed for bankruptcy protection. Legal protection from creditors was sought on… Read More ›
New Huge Fiscal Corornavirus Stimulus Worth $38 Billion Announced By UK
Another coronavirus stimulus package of £30 billion ($37.6 billion) was announced by the United Kingdom with the aim of stopping the growing job crisis in the country and to prop up the economy of its worst recession in centuries. The… Read More ›
UK could opt for Australian approach, in case of cliff hanger Brexit
In a telephone call with Germany Chancellor Angela Merkel, British Prime Minister Boris Johnson said, Britain is prepared to leave the European Union on the same terms that Australia has with the bloc if it is unable to hammer out… Read More ›