WASHINGTON: Advisers to President Donald Trump and top congressional Democrats were set to discuss the next steps in responding to the coronavirus crisis on Tuesday (Jul 21), with congressional Republicans saying they were working on a US$1 trillion relief bill. In a meeting on Monday at the White House, Republican […]
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CHICAGO: Southwest Airlines told employees on Monday (Jul 20) that 16,895 of its roughly 60,900 workforce have volunteered for long-term separation or early retirement deals, according to a message from Chief Executive Gary Kelly that was shared with Reuters. US airlines, which received a US$25 billion bailout in March to […]
The first quarter domestic unemployment data for this year is the tip of the iceberg since the circuit breaker restrictions only kicked in from April to May 2020, says OCBC economist Selena Ling. SINGAPORE: The worst may be over for Singapore’s GDP growth, but the business climate and the domestic […]
World shares and the euro hit their strongest levels since March on Tuesday after European Union leaders sealed a 750 billion euro (US$857 billion) post-pandemic stimulus plan after a marathon five-day meeting. LONDON: World shares and the euro hit their strongest levels since March on Tuesday after European Union leaders […]
LONDON: AstraZeneca’s experimental COVID-19 vaccine was safe and produced an immune response in early-stage clinical trials in healthy volunteers, data showed on Monday (Jul 20). The vaccine is called AZD1222 and is being developed by AstraZeneca and scientists at Britain’s University of Oxford. It did not prompt any serious side […]
Actor Johnny Depp “threatened to kill” ex-wife Amber Heard “many times”, the US actress has claimed. She described a “three-day hostage situation” during which she claimed Mr Depp was on a “drug and alcohol binge”. Mr Depp, 57, is suing the publisher of the Sun over an article that referred […]
NEW YORK: New York Governor Andrew Cuomo said on Monday (Jul 20) that local governments and police departments were failing to disband parties that violated social distancing orders and warned that he might need to roll back the state’s reopening if that continued. The warning came after a warm summer […]
NEW DELHI: India’s largest budget airline IndiGo said on Monday (Jul 20) it was laying off 10 per cent of its workforce in the wake of the financial fallout from the coronavirus pandemic. IndiGo rose quickly to capture nearly half the domestic market in recent years, reaping big profits on […]
BEIJING: China warned Monday (Jul 20) that Britain was heading down “a wrong path” as Foreign Secretary Dominic Raab was expected to announce the suspension of an extradition treaty with Hong Kong, raising tensions between the countries. Wang Wenbin, spokesman for China’s foreign ministry, told a regular press briefing that […]
LONDON: Britain will on Monday (Jul 20) suspend its extradition treaty with Hong Kong in a further escalation of its dispute with China over the introduction of a security law in the former colony, British newspapers reported. Foreign Secretary Dominic Raab, who on Sunday accused China of “gross” human rights […]