WELLINGTON: New Zealand’s former prime minister Helen Clark warned if the world remained “flat-footed” in its response to pandemics it faces future economic, social and political crisis, after she was appointed by the World Health Organization (WHO) to lead a review of the global response to the COVID-19 pandemic. WHO […]
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WASHINGTON: The United States reported more than 56,300 new COVID-19 cases on Thursday (Jul 9), the third day in a row infections have risen by at least 55,000, according to a Reuters tally. With California, Florida and Texas recently breaking records, hopes are fading for an economic rival and US […]
WASHINGTON: The US Supreme Court on Thursday firmly rejected President Donald Trump’s arguments for sweeping presidential immunity and ruled that a New York prosecutor can obtain his financial records but prevented – at least for now – Democratic-led House of Representatives committees from getting similar documents. The twin 7-2 rulings […]
A man crosses a road during morning rush hours after the government eased restrictions following the coronavirus disease (COVID-19) outbreak, near a densely populated residential area in Jakarta, Indonesia, July 8, 2020. JAKARTA: Indonesia reported its biggest single-day increase in coronavirus infections on Thursday (Jul 9), with almost half […]
WASHINGTON: Coronavirus infections in the United States topped the 3 million mark on Wednesday (Jul 8), as President Donald Trump began withdrawing the country from the World Health Organization. The US remains by far the worst affected country, with more than 131,000 deaths, while Brazil – whose virus-sceptic President Jair […]
LONDON: Global COVID-19 cases exceeded 12 million on Wednesday (Jul 9), according to a Reuters tally, as evidence mounts of the airborne spread of the disease that has killed more than half a million people in seven months. The number of cases is triple that of severe influenza illnesses recorded […]
REUTERS: Warren Buffett has donated roughly US$2.9 billion of Berkshire Hathaway Inc stock to four family charities and the Bill & Melinda Gates Foundation, the latest but not largest contribution in his plan to give away his fortune. In a statement on Wednesday, Berkshire said Buffett’s 15th annual donation comprised […]
Britain’s Chancellor of the Exchequer Rishi Sunak speaks during question period to the Chancellor of the Exchequer in London, Britain, on Jul 7, 2020. LONDON: The UK government on Wednesday (Jul 8) unveiled a package worth £30 billion (US$37 billion, €33 billion) to save jobs and help the young […]
LONDON: Commercial insurers are facing hefty claims from the coronavirus crisis but are also seeing a steep rise in premiums – tempting companies and industry veterans to raise capital, launch new businesses or expand into new lines. New insurance ventures sprang up after Hurricane Andrew in 1992, the 9/11 attacks […]
HONG KONG: China opened a new office on Wednesday (Jul 8) for its intelligence agents to operate openly in Hong Kong for the first time under a tough new security law, in a public display of its tightening control over the finance hub. The new base is located in a […]