SHANGHAI: Alibaba-owned supermarket chain Freshippo said today it has shut 21 off its Shenzhen stores and was requiring all its employees in the city to undergo tests for the novel coronavirus after three cases were found at one of its outlets there. Freshippo said two brand promoters and one staff […]
Business
WASHINGTON: US President Donald Trump on Friday (Aug 14) ordered the Chinese company ByteDance to divest its interest in video-sharing app TikTok’s operations in the United States within 90 days. “There is credible evidence that leads me to believe that ByteDance … might take action that threatens to impair the […]
WASHINGTON: US President Donald Trump on Friday (Aug 14) ordered the Chinese company ByteDance to divest its interest in video-sharing app TikTok’s operations in the United States within 90 days. “There is credible evidence that leads me to believe that ByteDance … might take action that threatens to impair the […]
WASHINGTON: Normalised diplomatic relations between Israel and the United Arab Emirates could pave the way for more US weapons sales to the Gulf Arab country, according to experts. Israel and the UAE announced on Thursday (Aug 13) that they will normalise diplomatic ties and forge a broad new relationship under […]
Government Grants 5-Month Extension To Complete Renewable Projects New Delhi: The government has granted a five-month extension to August 24 to all renewable energy projects that were under implementation on the March 25, when the country went under nearly a seven-week complete lockdown, an official statement said on Friday. “This […]
WASHINGTON: Taiwan finalised the purchase of F-16 fighter jets from US aircraft manufacturer Lockheed Martin on Friday (Aug 14), a source confirmed to AFP, in a US$62 billion, 10-year deal sure to anger Beijing. Underscoring the sensitivity of the transaction, the Pentagon announced the contract without specifying the buyer, but […]
Flipkart’s customers will be allowed to access the startup HipBar’s application on the e-commerce giant’s platforms Walmart’s e-commerce platform Flipkart has partnered with a startup backed by spirits giant Diageo to deliver alcohol in two cities, according to government letters seen by Reuters, months after Amazon planned a similar foray. […]
NEW YORK: The United States is tying payments for COVID-19 vaccines to timing milestones for production and approval, according to public documents and a Trump administration official, putting pressure on drugmakers including Moderna to meet ambitious targets. In a deal with Moderna announced this week, federal agencies negotiated a sliding […]
Online retail giant Amazon has launched an internet pharmacy in India, marking its entry into the country’s online medicine market. Amazon Pharmacy will make its debut in Bangalore and it may be trialled in other Indian cities. The move comes as the online drugs business has been given a major […]
HONG KONG: Hong Kong cut its economic outlook for the year on Friday (Aug 14), saying a recovery from recession depended on how fast it can get a new wave of coronavirus infections under control. The territory’s government revised its full year gross domestic product forecast to a contraction of […]