NEW DELHI: India’s southern state of Tamil Nadu announced new lockdown measures today as officials reported a nationwide record number of single-day Covid-19 deaths as cases continue to surge. India’s health ministry reported 4,187 fatalities over the past 24 hours, taking the overall death toll to just under 240,000. Cases […]
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TOKYO: Japan Airlines posted an annual net loss of US$2.6 billion on Friday (May 7) but did not release a forecast for the current financial year, citing uncertainty around the COVID-19 pandemic. The carrier, Japan’s second-largest by market share, suffered a net loss of 286.7 billion yen for the year […]
WASHINGTON: US lawmakers and nonprofit groups on Friday (Apr 23) heaped pressure on the Biden administration to back a temporary patent waiver for COVID-19 vaccines to help poor countries contain the pandemic. Senator Bernie Sanders said it was also in the United States’ own interest to ensure as many people were […]
LONDON: Bitcoin and other cryptocurrencies suffered hefty losses on Friday (Apr 23) on concern that US President Joe Biden’s plan to raise capital gains taxes will curb investment in digital assets. The selloff came after reports that the Biden administration is planning a raft of proposed changes to the US […]
TOKYO: Japanese car giant Honda said on Friday (Apr 23) that it would aim to have electric and fuel cell vehicles account for 100 per cent of all sales by 2040 to promote climate goals. The automaker’s newly appointed CEO Toshihiro Mibe described the target as “challenging” but said the […]
NEW YORK: Billionaire entrepreneur Elon Musk on Thursday (Apr 22) offered inventors US$100 million in prize money to develop ways to fight global warming by removing carbon dioxide from the atmosphere or ocean. “Right now we’ve only got one planet,” said Musk, CEO of electric carmaker Tesla. “Even a 0.1 […]
TOKYO: Tokyo will not host its motor show this year because of the global pandemic, organizers said on Thursday (Apr 22), underscoring Japan’s struggle to contain both a resurgent outbreak and the widening economic fall-out. The cancellation comes as the government is expected to issue a third state of emergency […]
WASHINGTON: US federal health agencies today recommended pausing the use of Johnson & Johnson’s Covid-19 vaccine after six recipients developed a rare disorder involving blood clots, in a fresh setback to global efforts to tackle the pandemic. The move comes a week after European regulators said they had found a […]
COLOMBO: Sri Lanka on Friday (Apr 9) lodged a claim for US$17.38 million with the Greek owners of an oil tanker that caught fire and left a spill stretching 40km off the South Asian island. The New Diamond vessel was travelling from Kuwait to India with 270,000 tonnes of crude […]
LONDON: The UK medical regulator said Saturday (Apr 3) that out of 30 people who suffered blood clots after receiving the Oxford-AstraZeneca vaccine, seven have died. The British acknowledgement of deaths comes as several European countries have paused the use of the AstraZeneca jab over a potential link to blood […]