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Fears about Amazon and Microsoft cloud computing dominance trigger UK probe
The UK communications regulator Ofcom said Thursday that its year...
US accuses Google of illegal methods to push up ad prices
Google's advertising business has been criticized by advertisers...
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.
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.
Australia faces worsening bushfires without climate change action: Report
“If we fail to take strong action to rapidly phase out coal, oil and gas as part of a global effort, the impacts of climate change, including worsening extreme weather, will continue to escalate,” the report said. “Further denial and delay in taking action on emissions guarantees a worsening of disasters into the future.”
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.
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.
Europe’s auto industry shuts factories, cuts output as virus hits
The disruptions are the latest blow to Europe’s car makers, which are struggling with weak global demand and high costs of meeting the region’s tough emissions targets.
Fed faces headache, taps epidemiologists in hunt for policy clues
About three-fourths of the 50 U.S. states have now reported infections. The slow pace of rolling out kits and testing capabilities means that policymakers will have little concrete evidence about the extent of the U.S. outbreak ahead of next week’s meeting.
“I am talking extensively to epidemiologists and healthcare experts across the country…to try and interpret what we are seeing and what we are likely to see,” Dallas Fed President Robert Kaplan said in Chicago last week.
World Health Organization declares the coronavirus outbreak a global pandemic
“In the past two weeks the number of cases outside China has increased thirteenfold and the number of affected countries has tripled,” WHO Director-General Dr. Tedros Adhanom Ghebreyesus said at a press conference at the organization’s headquarters in Geneva.
“In the days and weeks ahead, we expect to see the number of cases, the number of deaths and the number of affected countries to climb even higher.”
Possible delay of Tokyo Olympics dismissed by head of organizing committee
Organizers have been pushing a consistent message that the Games would not be canceled or postponed but sponsors who have pumped in billions of dollars have grown increasingly nervous about how the coronavirus outbreak will impact the event.
UK to Spend £2.5B on Road Repairs; Potholes Cause 90% of Auto Insurance Claims
The finance ministry said damage from potholes accounted for 90% of motor insurance claims in the United Kingdom, as well as endangering cyclists and motorcyclists.