Mazda Seeks $2.8b Loans

Mazda Seeks $2.8b Loans

 Mazda Motor Corporation has sought loans totalling about 300 billion yen ($2.8 billion) from Japan’s three megabanks and other lenders to ride out the coronavirus epidemic, a source with direct knowledge of the matter said on Saturday.The megabanks – Mitsubishi UFJ...
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Saudi Arabia Triples VAT, Suspends Allowance

Saudi Arabia Triples VAT, Suspends Allowance

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...
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Lufthansa To Double Schedule In June

Lufthansa To Double Schedule In June

Germany’s Lufthansa on Friday said it would roughly double its schedule in June, putting 160 planes into the air to carry passengers to 106 domestic and foreign destinations, the airline announced from its Frankfurt Headquarters.Lufthansa, along with its sub...
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UK’s COVID-19 Death Tops 30,000

UK’s COVID-19 Death Tops 30,000

Another 649 COVID-19 patients have died, bringing the total coronavirus-related death toll in Britain to 30,076, Secretary of State for Housing, Communities and Local Government, Robert Jenrick, said on Wednesday. The figures include deaths in all settings, in...
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UK Overtakes Italy As Worst-Hit Country In Europe

UK Overtakes Italy As Worst-Hit Country In Europe

Britain has overtaken Italy as the worst-hit country in Europe by the novel coronavirus, according to the latest official figures released on Tuesday. Chairing Tuesday’s Downing Street press briefing, Foreign Secretary, Dominic Raab, said another 693 COVID-1...
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Guangzhou: Facts, Solidarity and Cooperation

Guangzhou: Facts, Solidarity and Cooperation

 By Sun Saixiong Testing, testing, testing. To defeat the COVID-19 pandemic, testing is crucial for all, worldwide. Guangzhou, the capital city of Guangdong Province in China, is no exception.  As of April 23, altogether 138,700 residents in Guangzhou, ...
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World’s Largest Containership Begins Maiden Voyage

World’s Largest Containership Begins Maiden Voyage

The 24,000 TEU HMM Algeciras, the world’s largest containership, has headed out to sea on its maiden voyage. The ship left Geoje, Korea following its naming ceremony on April 23 setting sail for China. It departed from the port of...
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Nigeria Probes Alleged Abuse Of Nigerians In China

Nigeria Probes Alleged Abuse Of Nigerians In China

The Nigerian Government has launched an investigations into the alleged abuse and maltreatment of Nigerians in China since the outbreak of the dreaded Coronavirus (Covid-19) pandemic.There have been a wave of outcry over the alleged attacks and abuse of Nigeri...
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US Death Toll Passes 50,000

US Death Toll Passes 50,000

The US virus death toll has surpassed 50,000, according to data from Johns Hopkins University, in what is the world’s deadliest Covid-19 outbreak. More than 3,000 deaths came in the last 24 hours, and there are now over 870,000 confirmed...
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Lockdown: South Africa Deploys 70,000 Troops

Lockdown: South Africa Deploys 70,000 Troops

More than 70,000 extra troops will be deployed in South Africa to help enforce a lockdown intended to stop the spread of coronavirus, President Cyril Ramaphosa has announced. South Africa has had 3,465 confirmed coronavirus cases – second only to...
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European Football Leagues to Lose €4.1bn Amid Coronavirus Pandemic

European Football Leagues to Lose €4.1bn Amid Coronavirus Pandemic

The coronavirus lockdown has already left a huge impact on the sports industry, causing thousands of sports games, competitions and professional leagues to be cancelled or postponed.  European football is no exception, with cancelled matches, empty stadiu...
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US Unveils $19b Relief Package For Farmers

US Unveils $19b Relief Package For Farmers

U.S. President, Donald Trump on Friday announced $19billion aid package for U.S. farmers, in a bid to shore up the food supply chain. “The programme will include direct payments to farmers as well as mass purchases of dairy, meat and...
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COVID 19: Buhari Lauds EU’s Donation Of N21b

COVID 19: Buhari Lauds EU’s Donation Of N21b

President Muhammadu Buhari Tuesday in Abuja commended the European Union for donating the sum of N21 billion (50 million Euros) to support Nigeria’s efforts at controlling the spread of the coronavirus pandemic.Receiving the EU delegation to the country, led...
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Is Working From Home The Future Of Work?

Is Working From Home The Future Of Work?

One effect of the coronavirus pandemic has been a huge increase in the number of Americans working from home. The question is: How many of them will be able to do it when the COVID-19 crisis fades? An early-April 2020...
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