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End of the COVID-19 pandemic is in sight, says WHO chief
"We are not there yet. But the end is in sight," WHO...
Poor mental health of employees costs Indian employers $14 bn yearly: Deloitte survey
The survey dives into the top stressors from an employee's...
U.S. states scramble to slow virus spread, prevent hospital collapse
The goal is to prevent the kind of surges that overwhelmed Italy – a country with more doctors and hospital beds per capita than the United States – causing fatality levels to leap as doctors ran out of equipment to help people breathe.
Indices log biggest intra-day recovery after plunging 10%, Nifty reclaims 10,000
The Nifty50 index hit a 10 per cent lower circuit on Friday, bringing trading to a halt for 45 minutes as sell-off worsened in the Indian markets. Sensex tumbled over 3000 points, or 9.43 per cent, at 29,690 levels. The markets will open for pre-open at 10:05 AM.
Coronavirus will continue for a year or may be longer: Singapore PM
However, Lee assured the situation remains under control and Singapore will not raise its Disease Outbreak Response System Condition (DORSCON) level to Red from the current Orange.
Mayhem on D-Street wipes off investor wealth worth over Rs 8 trillion
The equity selloff intensified after the World Health Organization (WHO), late Wednesday night, termed the the new coronavirus outbreak as a pandemic, and expressed deep concern over the “alarming levels of inaction”.
Coronavirus case count touches 73 in India
While the Union ministry maintained that there are two confirmed cases of the infection in Maharashtra, the state health officials put the number to seven.Rajasthan, Telangana, Tamil Nadu, Jammu and Kashmir and Punjab have reported one case each, the ministry said, adding Kerala has till now reported 17 cases, including the three patients who were discharged last month following recovery.
Insurers face big investment losses, Trade Credit claims from Coronavirus crisis
Coface chief executive Xavier Durand told analysts two weeks ago that hotels and airlines in Asia would feel the worst impact, while Euler Hermes saw coronavirus costing $320 billion of trade losses every quarter this year.
Couple suing Princess Cruise Line over Coronavirus claims improper screening
“Defendant Princess chose to place profits over the safety of its passengers, crew and general public in continuing to operate business as usual, despite their knowledge of the actual risk of injury to plaintiffs, who are elderly with underlying medical conditions,” the complaint said.
U.N. urges Iran to free political prisoners temporarily amid coronavirus
Iran’s judiciary chief said on Monday authorities had temporarily freed about 70,000 prisoners to help limit the spread of coronavirus as officials reported hundreds of new infections and dozens more deaths across the country.
Vehicle production may be critically hampered due to coronavirus outbreak: SIAM
“Manufacturers are exploring alternatives to fulfil their supply chain demands but that would also take a substantial amount of time to reach stable production scale as these components would need regulatory testing,” said SIAM President Ranjan Wadhera.
Bank of England cuts rates by 50 bps to 0.25% from 0.75%
German Chancellor Angela Merkel said up to 70% of the population was likely to be infected as the virus spreads around the world in the absence of a cure.