Page 2066 - Coronavirus

Covid-19: APAC firms likely to face nearly 33% carve-out acquisition delays

A carve-out is the partial divestiture of a business unit in which a parent company sells minority interest of a child company to outside investors.

Singapore ramps up rooftop farming plans as Covid-19 upends supply chains

The densely populated city-state produces only about 10% of its food needs but has plans to increase that as climate change and population growth threaten global food supplies

Covid-19: Supply of essential goods hit as only 15% trucks plying on roads

Of about 1.25 million trucks with national permit only about 200,000 are on road during the 21-day nationwide lockdown to control the coronavirus pandemic

Covid-19 impact: World watches Italy as firms press govt to reopen economy

About 150 Italian academics have published a letter in financial daily Il Sole-24 Ore, owned by the Italian business lobby Confindustria, urging the government to unblock the economy

Corona: Students across globe offer prayers, Princeton University group to study effect

According to IYA authorities, a group involved in the Global Consciousness Project at USA's Princeton University, will also be studying changes in the randomness or vibes during the period

Covid-19: UN suspends rotation, deployment of peacekeepers till June 30

India is among the largest troop-contributing nations to the UN peacekeeping operations.

Kejriwal to chair meet with Delhi MPs on Covid-19 via video conference

Meanwhile, the Delhi Lt Governor made an appeal regarding Shab-E-Barat asking everybody to stay indoors and instead pray for their family

What have you done to curb fake news? Social media to submit daily reports

A ministry official said the requirement of daily reports is for a few days, in light of the misinformation being spread related to the Covid-19 pandemic

Trump admin seeks $250 bn more in aid for small businesses: Mnuchin

In a posting on Twitter, Treasury Secretary Steven Mnuchin said he had consulted with congressional leaders on the need for the second round of funding

Covid-19: Russia, Saudi to cut oil output if US also does; US non-committal

Global oil demand has dropped by as much as 30 per cent, or about 30 million barrels per day, as measures to reduce the virus' spread have caused a crash in demand for ATF, petrol and diesel

Coronavirus LIVE: Delhi traffic cop tests positive; India cases at 5,351

Coronavirus update: The number of Covid-19 cases has reached 1,431,706 worldwide, and over 82,080 people have died so far. Stay tuned to Business Standard for Coronavirus LIVE updates

Coronavirus pandemic: China ends 76-day lockdown imposed on epicentre Wuhan

Along the embankments and bridges, citizens waved flags and chanted "Wuhan, let's go!" and sang a capella renditions of China's national anthem.

Twitter CEO Jack Dorsey pledges $1 bn for coronavirus relief effort

Dorsey said that after the pandemic ends, the fund would focus on health and education for girls and "universal basic income" efforts.

PM Modi to discuss Covid-19 shutdown with Parliament floor leaders today

The meeting will take place amid intense pressure from the states to continue the nationwide 21-day lockdown in an effort to flatten the Covid-19 curve and keep number of cases at a minimum.

Nissan's car sales in China drop 44.9% in March due to coronavirus

Car sales and production have been hit hard in every coronavirus-hit country since factories were shutdown and consumers were forced to stay indoors due to the outbreak.

Covid-19 impact: 195 mn full-time workers may lose jobs globally, says ILO

Huge losses are expected across different income groups, especially in upper-middle income countries (7 per cent, 100 million full-time workers), said the ILO

India coronavirus dispatch: Fighting today, planning for tomorrow's battles

New economic models around health care, human rights and democracy during a pandemic, and whether the summer heat will kill the coronavirus - read these and more in today's India coronavirus dispatch

US navy chief resigns over handling of Covid-19 outbreak on naval carrier

Over 230 crew, 79 per cent, on board in the naval aircraft carrier tested positive of coronavirus.

Market Ahead, April 8: All You Need To Know Before The Opening Bell

Icra Ratings yesterday sharply cut India's GDP forecast amid the Covid-19 crisis. The rating agency now expects the economy to grow at just 2 per cent in the current fiscal

World coronavirus dispatch: Second US stimulus, and West Asia's burial woes

From Covid-19 deaths in China coming down to zero, to many West Asian countries facing a disruption in burial rituals, and the US' deal for masks - read these and more in today's international digest