Britain’s theatre industry is calling for more government support as one of the country’s most iconic theatres, The Old Vic, is facing financial collapse due to the COVID-19 pandemic. London’s Old Vic theatre has had to furlough most of its staff since the government shut down cultural institutions around the […]
Business
Australian jobs plunged by the most on record in April as employers laid off hundreds of thousands of staff in response to the economy-wide shutdowns to curb the spread of the coronavirus. Australian jobs plunged by the most on record in April as employers laid off hundreds of thousands of […]
Malls, retail stores and restaurants are all reopening Thursday in the New Zealand and as people return to their workplaces. The country reported no new cases of the virus for a third straight day on Thursday. The raggedy hairstyles and scruffy beards have been there for all to see on […]
Domestic stock markets trimmed losses after falling 2 per cent in early trade on Thursday amid weakness in global equities, a day after Finance Minister Nirmala Sitharaman detailed the first set of measures under the government’s “Atma Nirbhar Bharat” economic package. The S&P BSE Sensex index fell as much as […]
JOHOR BAHRU: The Johor state government will establish an investment company in Singapore to improve trade links between both sides, Chief Minister Hasni Mohammad said on Thursday (May 14). Speaking at a press conference, Mr Hasni said the state-owned company, called the Johor Investment Company (JICO), will be setting up […]
Prices are tumbling in America as the coronavirus lockdown drags on and people spend less. US consumer prices declined for the second-straight month in April, the Bureau of Labor Statistics reported on Tuesday. Prices fell by 0.8% on a seasonally adjusted basis in April, marking the largest drop since December […]
PETALING JAYA, May 12 — The enhanced movement control order (EMCO) placed on the vicinity of Petaling Jaya Old Town, after a spike in Covid-19 cases, has business owners worrying that their already-struggling livelihoods could be dealt a deathblow. With nearly 75 per cent of the quarter now cordoned off […]
The global international agency said that the novel coronavirus pandemic has caused a 22 per cent fall in international tourist arrivals during the first quarter of 2020. International tourism could decline by 60-80 per cent in 2020 due to the Covid-19 pandemic, resulting in the revenue loss of $910 billion […]
New Zealand Prime Minister Jacinda Ardern said the move to “level 2” restrictions will mean retail, restaurants and other public spaces including playgrounds can reopen from Thursday. New Zealand businesses including malls, cinemas, cafes and gyms will be allowed to reopen from Thursday as tight restrictions put in place to […]
Saudi Arabia is tripling its value added tax (VAT) as part of austerity measures to support its coronavirus-hit economy. The government in Riyadh also said it will suspend its cost of living allowance to shore up state finances. The oil-rich nation has seen its income plummet as the impact of […]