Conte signed a decree that focuses especially on bars and restaurants, as the government seeks to avert a new national lockdown that the economy, ravaged by one of the strictest and longest in the continent earlier this year, could ill afford. Italian Prime Minister Giuseppe Conte imposed a series of […]
Business
BEIJING: China’s imports grew at their fastest pace this year in September, while exports extended their strong gains as more trading partners lifted coronavirus restrictions in a further boost to the world’s second-biggest economy. Exports in August rose 9.9 per cent from a year earlier, customs data showed on Tuesday […]
SINGAPORE: Singapore’s first institute dedicated to green finance research and talent development was launched on Tuesday (Oct 13) by the Imperial College Business School and Lee Kong Chian School of Business at Singapore Management University (SMU). The institute is supported by the Monetary Authority of Singapore and its launch was […]
REUTERS: Johnson & Johnson said on Monday (Oct 12) it has temporarily paused its COVID-19 vaccine candidate clinical trials due to an unexplained illness in a study participant. The participant’s illness is being reviewed and evaluated by an independent data and safety monitoring board, as well as the company’s clinical […]
MUMBAI: A grid failure caused a widespread power outage in India’s financial capital Mumbai and surrounding areas today, authorities said, a rare occurrence that disrupted train services in the city of 20 million. “Power cut across the Mumbai Metropolitan Region due to grid failure,” the Brihanmumbai Electric Supply and Transport […]
SEOUL: Hyundai Motor is set to triple the number of recalled Kona electric cars over battery cell fire risks with plans to recall around 51,000 vehicles in North America, Europe, China and other markets, Yonhap news agency reported on Sunday (Oct 11). The recalls would come after the South Korean […]
KUALA LUMPUR: Malaysia’s industrial production index in August rose 0.3 per cent from a year earlier, the second straight month of positive growth although at a slower pace compared to July, government data showed on Monday (Oct 12). The index measures factory output from the manufacturing, mining and electricity generation […]
The U.S. bank sector has been pummeled this year but investors hunting for bargains there may need deep reserves of patience as banks are particularly sensitive to low interest rates, the uneven economic recovery and the muddy stimulus outlook. REUTERS: The U.S. bank sector has been pummeled this year but […]
President Donald Trump promised a new dawn for the struggling U.S. steel industry in 2016, and the lure of new jobs in Midwestern states including Michigan helped him eke out a surprise election win. CHICAGO: President Donald Trump promised a new dawn for the struggling U.S. steel industry in 2016, […]
LONDON: The British government is on Friday (Oct 9) set to announce further support for firms to retain staff in the coming months if they are forced to close as a result of the imposition of further lockdown restrictions. With the government expected to tighten restrictions over the coming days […]