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Airlines

US airlines make masks mandatory, up safety measures to fight coronavirus

From using electrostatic fogging machines to virus testing to pre-boarding temperature checks, airlines are adopting different measures for flyers' safety
May 3, 2020
By R. Ghosh
Coronavirus
US storm

'No $, no rent' - protesters call for economic help at New York May Day demonstrations

The caravan of cars rolled through a largely empty Times Square, honking their horns and displaying banners
May 2, 2020
By Reuters
Coronavirus
Malaysia to impose tourism tax from July, not August: Minister

Malaysian economy might shrink more than previous forecasts due to Coronavirus: Finance minister

The deadly virus outbreak has created a major site around the world as a result of which most of the countries have imposed lockdowns
May 2, 2020
By IBTimes SG Desk
Coronavirus
Oil industry

Russian oil output jumped to 11.35 million bpd in April, ahead of cuts

Natural gas production in April reached 55.14 billion cubic metres, a decline of 14.3% from the same month a year earlier, as per reports
May 2, 2020
By Reuters
3M Company

3M sues five companies for trying to sell fake N95 respirators at inflated price

3M Company said that one of the vendors besides price gouging made claims to officials in Florida that they have up to five billion N95 respirators
May 2, 2020
By R. Ghosh
Coronavirus
Moderna

Moderna, Lonza tie up to ramp up Covid-19 vaccine development; could start production by July

Under the agreement, Lonza will manufacture up to a billion doses of the vaccine per year following the technology transfer from Moderna in June
May 1, 2020
By R. Ghosh
Coronavirus
Coronavirus Patients

Doctors say Chinese ventilators in UK hospitals are dangerous, may kill Coronavirus patients

NHS doctors said that the ventilators received from china were so badly made that they feared these could kill COVID-19 patients
May 1, 2020
By Bhaswati Guha Majumder
Coronavirus
 Australian Prime Minister Scott Morrison

Australian PM's call for the Coronavirus inquiry can harm trade relations with China: Business leaders

The deadly virus outbreak has infected over 3 million people worldwide and has spread to more than 170 countries globally
May 1, 2020
By IBTimes APAC Desk
Coronavirus
JOB

Half of US states easing coronavirus restrictions as jobless numbers grow

The jobless toll amounts to over 18.4 percent of the US working-age population, a level not seen since the Great Depression of the 1930s
May 1, 2020
By Reuters
AstraZeneca

AstraZeneca, Oxford University tie up on Covid-19 vaccine; trial results could be out by July

Under the deal, AstraZeneca will manufacture and distribute the vaccine globally and during the duration of the pandemic will supply it at cost
May 1, 2020
By R. Ghosh
Coronavirus
Economy

Spain's ruined economy suffers worst contraction in a quarter on record due to Coronavirus crisis

The figure of the National Statistics Institute's was the worst from the time when the series began in 1970
Apr 30, 2020
By IBTimes APAC Desk
Coronavirus
Aloe Vera

Coronavirus Effect: World at risk of witnessing 1.6 Billion people loosing livelihood, says UN agency

About 436 million businesses are facing high risk of serious disruption, the International Labor Organization (ILO) said in its report
Apr 30, 2020
By Shubhangi Shah
Boeing

Boeing to cut 10% workforce as coronavirus, 737 Max burns $4.3 billion in cash in first quarter

The airline will lower the output of 737 Dreamliners to 10 a month from 14 aircrafts a year and alter to seven every month by 2022
Apr 30, 2020
By R. Ghosh
Coronavirus
Gilead Sciences

Coronavirus: Gilead's Covid-19 treatment remdesivir shows positive results in preliminary trial

Half the patients tested with a five-day dose of remdesivir improved over the days, while 50% were cured and discharged from the hospital within two weeks
Apr 29, 2020
By R. Ghosh
Coronavirus
Singapore: Police arrest 6 men for selling counterfeit items, 45 fake gold bars seized

Gold prices to enter super cycle as US economy is about to sink under record debt?

The economy will remain sick in the medium term in the wake of the coronavirus epidemic, giving gold the wings. Put axiomatically, the worse it is for the economy, the better for gold.
Apr 29, 2020
By Jacob J
Coronavirus
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