U.S. industries scramble for exemptions as state shutdown orders grow
As several more U.S. states moved to impose stay-at-home orders to limit the spread of the coronavirus, industries from steelmakers to auto dealerships were scrambling...
Chevron cuts 2020 spending, Permian production forecasts by 20%
Chevron Corp said on Tuesday it was lowering its forecasts for spending and Permian production by 20% for the year, and will suspend share buybacks...
U.S. has potential of becoming coronavirus epicentre, says WHO
The World Health Organization said on Tuesday it was seeing a “very large acceleration” in coronavirus infections in the United States which had the potential...
Austria to use more rapid corona tests for broad scale testing
Austria will start using more rapid tests to be able to test hundreds of thousands of people as quickly as possible, Chancellor Sebastian Kurz said...
Spain reports 6,600 new coronavirus cases overnight, over 500 dead
The number of new coronavirus cases in Spain jumped on Tuesday to 39,673 from 33,089 cases registered on Monday, the health ministry reported on Tuesday....
Italian coronavirus cases likely “10 times higher than reported”
The number of cases of coronavirus in Italy is probably 10 times higher than the official tally of almost 64,000, the head of the agency...
Bank of England says coronavirus tougher than banks’ stress test
The shock from coronavirus to banks is set to be greater but less prolonged than lenders faced in last year’s stress test and the financial...
Russia in digital payments push as it limits banknote circulation
Russia has urged consumers and businesses to use digital payments rather than cash in an effort to slow the spread of the coronavirus and told...
China’s IT ministry urges faster 5G rollout: government document
China’s Ministry of Industry and Information Technology (MIIT) published a lengthy document on Tuesday calling on localities to accelerate 5G network buildouts and applications to...
Traditional Japanese lantern shop struggles amid virus
Millions of Japanese and overseas visitors usually enjoy cherry blossom festivals and viewing parties beneath the pink trees at this time of year. But this...