U.S. President Donald Trump has signed an order directing his administration to stop the export of N-95 face masks and other personal protective equipment which are essential in keeping the Wuhan Coronavirus at bay, from being exported to other countries…. Read More ›
U.S
3M will pay big price over face masks: Trump
In a tweet, U.S. President Donald Trump has slammed 3M Co for its business practises. The tweet comes in the wake of Trump’s earlier announcement of invoking the Defense Production Act to get the company to produce face masks. “We… Read More ›
GM rolls out safety protocols for workers manufacturing ventilators
In a statement, General Motors Co said, it has begun rolling out a series of safety protocols for workers in Indiana who will be manufacturing ventilators. The development underscores a development that could potentially be a blueprint for re-opening U.S…. Read More ›
Uber to ship disinfecting car sprays to drivers free of cost
In a statement, Uber Technologies Inc said, it will begin shipping disinfecting car spray to drivers operating in areas that have been the most affected by the Wuhan coronavirus outbreak. The development comes in the wake of Uber promising in… Read More ›
Toshiba Corp applies for return to first section at Tokyo Stock Exchange
On Friday, Japan’s Toshiba Corp stated, it has filed an application to return to the Tokyo Stock Exchange’s first section. In 2017, Toshiba was relegated to the second section following a massive writedowns at its U.S. nuclear power business after… Read More ›
Saudi Arabia and Russia could sign oil production agreement in coming days: Trump
In a statement, U.S. President Donald Trump said, he expects Russia and Saudi Arabia to reach an agreement on crude oil production in the next few days, and end the price war between the two which has “ravaged” the oil… Read More ›
Millions of small U.S. firms set to tap $2.2 trillion Paycheck Protection Program on Friday
According to a senior official from the Trump Administration, millions of applicants are likely to tap its $350 billion small-business coronavirus rescue loan program when it launches on Friday. Officials from the U.S. Treasury and Small Business Administration, which are… Read More ›
Tesla to supply FDA-approved ventilators free of cost to hospitals
In a statement, Tesla’s Chief Executive Elon Musk said the company has additional FDA-approved ventilators which it will ship free of costs to hospitals within regions where it has delivery points. “Device & shipping cost are free. Only requirement is… Read More ›
COVID-19 data from China, Russian, North Korea and Iran are hard to chart: U.S. Intelligence
According to sources familiar with an intelligence reporting, U.S. spy agencies are finding it hard to put together a precise picture of the world’s coronavirus outbreaks. There are serious gaps in their ability to assess the situation in China, North… Read More ›
U.S. working on executive order that expands ‘Buy America’ provisions: USTR
In a development pregnant with possibilities, U.S. Trade Representative Robert Lighthizer stated, the Wuhan Coronavirus pandemic shows that the United States is way too dependent on cheap foreign imports for key strategic medical supplies. The statement underscores the need for… Read More ›