ONLY HALF OF U.S. SMALL BUSINESSES GOT PAYCHECK ASSISTANCE
While nearly 75% of small businesses sought cash from a federal loan program designed to keep workers employed during the COVID-19 pandemic,
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The Financial District
May 14, 20201 min read
ITALY OKs €55-B BAILOUT AFTER 2-MONTH LOCKDOWN
As they say, better late than never. Italy finally did what its neighbors and the US, China, Japan and Canada have done- approve a €55 billi
The Financial District
May 14, 20201 min read
LLOYD’S PREDICTS $203-B LOSSES FOR INSURERS BECAUSE OF PANDEMIC
Lloyd’s of London, the world’s largest insurance exchange, has predicted a total of $203 billion in losses for insurers after the COVID-19 p
The Financial District
May 14, 20201 min read
AFRICAN AQUACULTURISTS FEAR HUGE LOSSES DUE TO PANDEMIC
African aquaculturists are worried that the COVID-19 pandemic would spur a global food crisis, with the entire entire value chain from pre-p
The Financial District
May 14, 20201 min read
FRANCE TELLS CHINA: FOCUS ON COVID-19, NOT ON ARMS DEAL
France has brushed off China’s strident complaint about its weapons deals with Taiwan, arguing that Beijing is out of whack for interfering
The Financial District
May 14, 20201 min read
EU SETS OUT GUIDELINES FOR EASING TOURISM, CROSS-BORDER TRAVEL
The European Commission has set out guidelines to allow the resumption of tourism so that people may be able to stay in hotels, eat in resta
The Financial District
May 14, 20201 min read
US SENATORS SEEK FUNDS FOR PORK PRODUCERS WHO EUTHANIZED PIGS
U.S. Senators from both sides of the aisle are urging Congress to provide more cash to the Department of Agriculture to enable it to help po
The Financial District
May 14, 20201 min read
UN WARNS OF GLOBAL MENTAL HEALTH CRISIS
The United Nations (UN) has warned nations to be ready to grapple with a mental illness crisis as millions of people are literally surrounde
The Financial District
May 14, 20201 min read
UK ECONOMY SINKS 2% IN FIRST QUARTER
The United Kingdom (UK) has a case of a bad cold, with the economy sinking 2% in the first quarter of 2020 compared to the previous quarter,
The Financial District
May 14, 20201 min read
HITACHI GROUP PRODUCE FACE SHIELDS
The Hitachi Group began production of face shields as a support for medical professionals who are working hard to diagnose and treat COVID-1
The Financial District
May 14, 20201 min read
PILIPINAS SHELL POSTS HUGE P5.5 BILLION LOSS
The collapse in global oil prices, coupled with the slowdown in economic activity under a government-imposed quarantine due to the coronavir
The Financial District
May 13, 20201 min read
CENTERS FOR DISEASE CONTROL AND PROTECTION (CDC)
The Centers for Disease Control and Protection (CDC) has just released a comprehensive video guide on how to protect yourself from...
The Financial District
May 13, 20201 min read
YOUTUBE, NETFLIX, DISNEY+ AND APPLE TV TO BENEFIT MOST FROM COVID 19
For wireless operators, there is even more mobile video traffic to come as consumers continue to cut the cord and shun traditional broadcast
The Financial District
May 13, 20201 min read
MAJORITY IN US REJECT COVID-19 PROTESTS: AP-NORC POLL
The Associated Press has found out that the majority of Americans reject the protests against restrictions aimed at reducing the spread of t
The Financial District
May 13, 20202 min read
QATAR AIRWAYS
Qatar Airways has just announced that it will be giving away 100,000 free tickets to frontline healthcare professionals to say thank you for
The Financial District
May 13, 20201 min read
GLOBAL STOCK MARKETS GO SOUTH ON FEARS OF NEW COVID 19 WAVE
Stock markets retreated on Monday, May 11, as a spike in new COVID-19 cases flattened expectations of steady advance against the pandemic, w
The Financial District
May 12, 20201 min read
WUHAN INSTITUTE OF VIROLOGY (WIV)
The Wuhan Institute of Virology (WIV) has a secure level 4 laboratory from which coronaviruses cannot escape, insists Yuan Zhiming, director
The Financial District
May 12, 20201 min read
STIMULUS MAYBE ‘TOO LITTLE, TOO LATE’
Writer Umair Haque has warned in his recent Medium News Digest essay that the US economy is committing suicide by crafting stimulus packages
The Financial District
May 12, 20201 min read
FUJITSU JOINS OPEN COVID PLEDGE
Fujitsu Limited today announced that as part of its ongoing efforts to mitigate the social and economic impacts of the COVID-19 pandemic, it
The Financial District
May 11, 20201 min read
40% OF MARKETS IN THE UK MAY NOT SURVIVE - NEW NATIONAL SURVEY REVEALS
The additional burden of the lock-down on high streets across the UK has seen some major retail casualties, with thousands of jobs at risk a
The Financial District
May 11, 20201 min read
APPLE, GOOGLE CONTACT TRACING APP SNUB
Silicon Valley is stumped as many states like New York, California, and Massachusetts, as well as large cities like Baltimore and San Franci
The Financial District
May 11, 20201 min read
US STATES GRAPPLE WITH HUNGER CRISIS AMID PANDEMIC
The COVID-19 pandemic has exposed a crisis that many Americans had never imagined, with the number of hungry citizens rising from 37 million
The Financial District
May 11, 20201 min read
THAILAND’S LIFTING OF BAN ON ALCOHOLIC DRINKS SPURS PANIC-BUYING
Thailand’s sudden lifting of a ban on the sale of alcoholic drinks imposed last April has spurred panic-buying. The ban, which was in effect
The Financial District
May 11, 20201 min read
A THIRD OF US AIRLINE WORKERS TO LOSE JOBS IN LAST QUARTER
Up to a third of the 750,000 pilots, cabin crews, flight attendants, baggage handlers, mechanics and others are bound to their jobs once the
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