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Archive

World

Saturday, April 4, 2020

Eurozone economy took record hit in March
World

Eurozone economy took record hit in March

Business activity in the 19-nation eurozone suffered a record fall in March and hit an historic low, according to the PMI index published on Friday by analysts IHS Markit. The IHS index for the month was 29.7 - down from Markit's first estimate for March
Published 04 Apr, 2020 12:00am
EU scraps import duties for medical equipment
World

EU scraps import duties for medical equipment

The European Commission announced on Friday that it would temporarily waive customs duties and VAT on imports of sorely-needed medical equipment to help in the fight against the coronavirus.
Published 04 Apr, 2020 12:00am
Virus depresses US payrolls, more job losses coming
World

Virus depresses US payrolls, more job losses coming

The US economy shed 701,000 jobs in March, abruptly ending a historic 113 straight months of employment growth as stringent measures to control the novel coronavirus outbreak shuttered businesses and factories, confirming a recession is underway.
Published 04 Apr, 2020 12:00am
Soul singer Bill Withers dies at 81
World

Soul singer Bill Withers dies at 81

Bill Withers, the legendary performer who defined 1970s soul with hits like "Ain't No Sunshine" and "Lean on Me" has died following heart complications, his family said in a statement. He was 81 years old.
Published 04 Apr, 2020 12:00am
Soviet-era statue removed in Prague
World

Soviet-era statue removed in Prague

Prague authorities on Friday said they had removed a controversial Soviet-era statue, despite protests from Moscow, to make way for a World War II memorial. The Russian embassy on Friday protested the removal of the bronze statue of Soviet general Ivan Ko
Published 04 Apr, 2020 12:00am
Light at tunnel's end: Wuhan's cautious reawakening
World

Light at tunnel's end: Wuhan's cautious reawakening

Cars are back on city streets and shoppers are strolling in malls again as life slowly returns to Wuhan. But the cradle of the global coronavirus pandemic remains under the shadow of the contagion. The city of 11 million people - along with tens of millio
Published 04 Apr, 2020 12:00am
Merkel returns to office after quarantine stint
World

Merkel returns to office after quarantine stint

German Chancellor Angela Merkel left her Berlin home for the first time in almost two weeks on Friday, after she was forced into quarantine following contact with a COVID-19-infected doctor.
Published 04 Apr, 2020 12:00am
Drive-thru coronavirus testing in UAE: swab and go
World

Drive-thru coronavirus testing in UAE: swab and go

A drive-through coronavirus screening centre in the UAE capital Abu Dhabi has become a go-to destination for many wanting reassurance during the pandemic. The facility, believed to be the first of its kind in the Gulf, greets around 600 people a day in th
Published 04 Apr, 2020 12:00am