Bahrain said on Monday that state-owned Gulf Air has begun flying to Iran to repatriate Bahrainis stranded there due to the coronavirus crisis, the first direct flights between the two countries in four years.
Aurora Cannabis Inc's U.S.-listed shares fell nearly 14% in morning trade on Monday after the Canadian pot producer renewed an at-the-market offering under which it can raise as much as $350 million in equity capital.
Brazil plans to announce this week measures to support its ethanol sector, which has been battered by falling demand and a sharp drop in gasoline prices due to turmoil in oil markets, Agriculture Minister Tereza Cristina Dias said on Monday.
China's Mekong River dams held back large amounts of water during a damaging drought in downstream countries last year despite China having higher-than-average water levels upstream, a U.S. research company said in a study.
At a Wayne Farms chicken processing plant in Alabama, workers recently had to pay the company 10 cents a day to buy masks to protect themselves from the new coronavirus, according to a meat inspector.
China's Mekong River dams held back large amounts of water during a damaging drought in downstream countries last year despite China having higher-than-average water levels upstream, a U.S. research company said in a study.
Benchmark Brent oil prices turned negative on Monday, erasing gains made after major producers agreed record global output cuts, pressured by concerns that the cuts will not be sufficient to reduce a glut as the coronavirus pandemic hammers demand.
Authorities in northern Vietnam have ordered people working at a unit of Samsung Display in the country to be quarantined after a worker there tested positive for the new coronavirus.
India is planning to restart some manufacturing after April 15 to help offset the economic damage of a nationwide coronavirus lockdown, two government sources said, even as it weighs extending the lockdown.
Officials in New Zealand and Australia, hailed globally for their early signs of success in combating the spread of the coronavirus, said on Monday it is too soon to start easing social distancing rules or reopening their economies.
India is planning to restart some manufacturing after April 15 to help offset the economic damage of a nationwide coronavirus lockdown, two government sources said, even as it weighs extending the lockdown.
Malaysia's industrial production index climbed 5.8% in February from a year earlier, the fastest pace in more than two years, government data showed on Monday.
Last month, six Chinese medical professionals stepped off an Air Serbia jet in Belgrade to a red-carpet welcome from President Aleksandar Vucic and an array of cabinet ministers. After elbow-bump greetings, Vucic kissed Serbia's flag, then China's.
Smithfield Foods, the world's biggest pork processor, said on Sunday it will shut a U.S. plant indefinitely due to a rash of coronavirus cases among employees and warned the country was moving "perilously close to the edge" in supplies for grocers.
The founders of Malaysia's AirAsia Group Bhd will not take salaries and its staff has agreed to an as much as 75% cut in pay due to the impact of the novel coronavirus outbreak on the airline, its chief executive said late on Saturday.
Major U.S. airlines were urging Treasury officials and the federal government's outside advisers on Saturday to scrap or revise a proposal that would make part of the $25 billion earmarked by Congress to help keep workers on the payroll repayable in the form of low-cost loans.
Canadian government and opposition legislators approved a wage subsidy worth C$73 billion ($52 billion) on Saturday to support the ravaged economy, in an emergency sitting in the House of Commons.
As U.S. authorities ordered shutdowns of non-essential businesses to fight coronavirus, retailer Nordstrom Inc closed hundreds of stores and gave in-store workers three weeks’ pay, calling their safety its top priority.
Reuters
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