On Wednesday, in a statement New Zealand said, it will continue to keep its borders closed to most international travellers for five more months. New Zealand’s geographic isolation, along with some of the strictest pandemic rules among OECD nations, has… Read More ›
According to three government sources with direct knowledge of the matter at hand, the Japanese government is weighing its options to create a ($9.63 billion to $19.27 billion (1 trillion to 2 trillion yen) fund to promote investment in environment-friendly… Read More ›
For reviving the U.S. economy, investors are pinning their hopes for wider availability of testing for COVID-19 along with drug trials; until there is some concrete progress in these areas stock market gains are likely to be limited. The S&P… Read More ›
U.S. President Donald Trump said, data suggests that the United States has passed the peak on new coronavirus infections and that he would soon announce “new guidelines” for reopening the economy later today on Thursday. “The battle continues but the… Read More ›
In a statement, General Motors Co said, by the end of April it will start producing 1.5 million face masks a month at its Mexican factory, located in the city of Toluca and will aim to produce 9 million masks… Read More ›
Late on Thursday, as a measure to stop the spread of the Wuhan coronavirus, Jaguar Land Rover said it will temporarily halt production at its UK manufacturing facilities from next week. Production is likely to resume in the week of… Read More ›
A day after an employee and a trader tested positive for the Wuhan coronavirus, the New York Stock Exchange (NYSE) said, it will temporarily close its trading floors and move fully to electronic trading from Monday, said Intercontinental Exchange Inc,… Read More ›
Automakers, including General Motors, Fiat Chrysler Automobiles (FCA) and Ford Motor Co are collaborating to form a task force along with the United Auto Workers (UAW) union to improve protections for their employees and limit the spread of the Wuhan… Read More ›
On Friday, China’s vice industry minister Xin Guobin stated, the majority of factories which are located outside of Hubei province, which has China’s only level 4 bio safety lab which is also the epicenter of the coronavirus outbreak, have resumed… Read More ›
China’s coronavirus is dealing blow after blow to South Korean multinational giant LG Electronics Inc, an Apple Inc supplier. The initial outbreak forced LG to shutter its China factory for almost three weeks to help contain the spread of the… Read More ›
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