Business & Economy

Bangladesh garment factories reopen, defying virus lockdown Sunday, April 26th, 2020

DHAKA, (AFP):- Hundreds of Bangladesh's garment factories defied a nationwide coronavirus lockdown to reopen on Sunday, raising fears the industry's vulnerable and largely female workforce could be exposed to the contagion. Big-name international brands have cancelled or held up billions of..

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Stocks struggle as antiviral drug hopes fade

NEW YORK, (AFP):- Stock markets struggled on Friday as hopes of quickly finding a treatment for coronavirus were dashed, analysts said, and more crushing economic data delivered a body blow to confidence. Reports said initial trials of the remdesivir coronavirus drug being developed by Gilead..

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Crisis-hit oil market in frantic hunt for storage Wednesday, April 22nd, 2020

LONDON, (AFP):- The oil market, rocked by crisis this week as prices plunged below zero on rampant oversupply and demand-destroying coronavirus, faces the critical problem of where to store surplus crude. "To put it simply, there is too much oil with too little space to store it," said TS Lombard..

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Medical supplies provided by Tibetan govt. arrives Nepal

KATHMANDU:- Health supplies donated by the government of Tibetan Autonomous Region (TAR) to the government of Nepal on April 10 have arrived Nepal via the Tatopani border check point today. The Tibetan government had provided health supplies worth Rs 83.1 million. Chief at the Tatopani Custom..

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Oil prices keep crumbling, stocks around the world tumble

By STAN CHOE, NEW YORK (AP):— Oil’s chaotic collapse deepened, and stocks around the world dropped on Tuesday as the economic carnage caused by the coronavirus pandemic turns markets upside down. A day after oil futures plunged below zero for the first time, traders in one corner of the U.S...

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Oil market in turmoil as equities slump

NEW YORK, (AFP):- Oil-price turmoil gripped traders once more Tuesday, a day after US crude futures crashed below zero for the first time as the coronavirus crisis crippled global energy demand and worsened a supply glut. The commodity rout also sent world equity markets spiralling lower, as..

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The COVID-19 pandemic began less than six months ago, but we have already learned a great deal about the disease. Scientists around the world are looking at new and..

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