LONDON: Shoppers in England will have to wear face coverings in shops and supermarkets from Jul 24 to help reduce the risk of a new pick-up in the spread of the coronavirus, Prime Minister Boris Johnson’s office said. Johnson said last week that tighter rules on wearing face coverings might […]
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WASHINGTON: Secretary of State Mike Pompeo said on Monday (Jul 13) that the United States would treat Beijing’s pursuit of resources in the dispute-rife South China Sea as illegal, ramping up support for Southeast Asian nations. It was the latest forceful statement by President Donald Trump’s administration to challenge China, […]
Machine learning and other digital innovations can help Singapore businesses and workers increase productivity and maintain their competitive edge, says NUS Professor Kenneth Huang. SINGAPORE: Now that the General Election is over, it is time for Singapore to refocus on the big challenge of creating jobs to tide citizens over […]
BT CEO Philip Jansen on Monday urged the British government not to move too fast to ban China’s Huawei from the 5G network, cautioning that if it did there could be outages and possibly even security issues. LONDON: Prime Minister Boris Johnson is set to ban Huawei from Britain’s 5G […]
Aerospace supplier Strata Manufacturing, a key player in efforts by oil producer Abu Dhabi to diversify into high-tech manufacturing, is chasing new income at a time of uncertainty about demand for plane parts. AL AIN, United Arab Emirates: Aerospace supplier Strata Manufacturing, a key player in efforts by oil producer […]
Electric-car maker Fisker will go public through a merger with a blank check company backed by private equity firm Apollo Global Management Inc at a US$2.9 billion valuation, the companies said on Monday. REUTERS: Electric-car maker Fisker will go public through a merger with a blank check company backed by […]
Apple Inc on Monday said it has allocated more than US$400 million of US$2.5 billion it pledged last year to stem California’s housing crisis. FILE PHOTO: Apple logo is seen on a Macbook in this illustration taken taken April 12, 2020. REUTERS: Apple Inc on Monday said it has […]
DUBAI: The IMF on Monday (Jul 13) again sharply lowered its Middle East and North Africa economic forecast, to its lowest level in 50 years, over the “twin shock” of the coronavirus pandemic and low oil prices. The region’s economy will contract by 5.7 per cent this year, and shrink […]
NEW YORK: The Federal Reserve’s US$3 trillion bid to stave off an economic crisis in the wake of the coronavirus outbreak is fuelling excesses across US capital markets. The US central bank has pledged unlimited financial asset purchases to sustain market liquidity, increasing its balance sheet from US$4.2 trillion in […]
RIO DE JANEIRO: On Friday, May 1, two workers on the PXA-1 offshore platform owned by Brazil’s state-run oil company Petrobras checked into the facility’s infirmary complaining of headaches and fever-like symptoms. Another Petrobras employee fell visibly ill the following day, three workers from the platform told Reuters. The sickness […]