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coronavirus

Abbott Labs gets emergency use authorization from FDA for new coronavirus antibody test

The company said that it is ready to ship around 30 million tests this month and will have the capacity to ship more than 60 million tests from June
May 12, 2020
By R. Ghosh
Coronavirus
sony playstation store days of play

Sony temporarily suspends PlayStation Store in China to upgrade security

The move comes at a time when demand for video and online games have surged as more people are staying indoors due to the coronavirus outbreak
May 11, 2020
By R. Ghosh
Coronavirus
Currencies

Emerging economies burn through $240 billion in reserves, drain seen continuing: Bank of America

According to the Bank of America, several emerging countries have burned through their foreign exchange reserves over the lat two months
May 11, 2020
By Reuters
Meat

As US meat workers fall sick and supplies dwindle, exports to China soar

While pork supplies tightened as the number of pigs slaughtered each day plunged by about 40 percent since mid-March
May 11, 2020
By Reuters
Cathy Pacific

Cathay Pacific hints at further job losses

The airlines said that upcoming discussions with the Hong Kong Aircrew Officers Association (HKAOA), representing unionised pilots, would involve "challenging conversations"
May 11, 2020
By IANS
Coronavirus
Currencies

Bank of Japan signals more measures to avoid '2nd Great Depression'

The Bank of Japan (BoJ) announced that t would lift the cap on its purchase of government bonds and corporate bonds, among other measures
May 11, 2020
By IANS
Coronavirus

China economically better off than other global powers facing a crisis after Coronavirus pandemic

China had a long term strategy in planning for a possible crisis and had been second largest economy globally even before the pandemic, say experts
May 10, 2020
By Vinay B.S.
Coronavirus
Pfizer logo

Pfizer to focus on coronavirus vaccine; plans to outsource production of some existing drugs

Outsourcing some of its manufacturing will allow Pfizer to shift a portion of its production to four of its existing vaccine manufacturing facilities
May 10, 2020
By R. Ghosh
Coronavirus
Lyft

Coronavirus: Lyft to require drivers, riders to wear masks; launches personal health certification

Passengers will also be required to sanitize their hands frequently, keep their windows open and not sit in the front seat next to the driver
May 9, 2020
By R. Ghosh
Coronavirus
Reliance Jio pokestop

US private equity firm Vista buys 2.3% stake in India's Jio Platforms for $1.5 billion

US-based Vista Equity is now the largest investor in Jio Platforms behind Reliance Industries and Facebook.
May 9, 2020
By IBTimes SG Desk
Boris Johnson

Up to 15,000 UK pubs may never reopen: Report

Pubs in the UK have been amongst the hardest hit during the coronavirus pandemic and as many as 15,000 might not survive until the lockdown is lifted
May 8, 2020
By IANS
Coronavirus
China exports and imports fall more than expected in July due to weakening demand

German exports fall in March as the Coronavirus outbreak hits demand

The deadly virus outbreak has created a major stir around the world claiming the lives of nearly 270,000 people worldwide
May 8, 2020
By IBTimes APAC Desk
Coronavirus
Wuhan Coronavirus

Japan businesses re-open as government eyes end to emergency measures in some regions

In Japan, businesses have been resuming operations even as the coronavirus epidemic has sapped consumer demand
May 8, 2020
By Reuters
Coronavirus
US China flag

Top US, China trade officials agree to strengthen cooperation

Donald Trump and other top officials have blamed China for the deaths of hundreds of thousands from the outbreak
May 8, 2020
By Reuters
Zoom app logo

Zoom acquires secure messaging service Keybase to enhance encryption efforts

The acquisition of the 25-person start-up is Zoom's latest move in a 90-day plan that the company announced on April 1 to fix it security flaws
May 8, 2020
By R. Ghosh
Coronavirus
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