Billionaire Richard Branson has said that a loan from the U.K. government is necessary to help his airline business Virgin Atlantic survive the coronavirus crisis.
Zipline has begun delivering Covid-19 test samples via drone in Ghana's two largest cities. The start-up also has been working with the FAA to accelerate their launch of U.S. operations so it can distribute test kits and personal protective equipment via drone.
The number of coronavirus infections in Southeast Asia has risen quickly in recent weeks, with mounting worries among experts that the region could turn into the next hot spot.
"We've had a little difficulty with one so we're calling in, as in the past you know, we're calling in the Defense Production Act and we'll be getting swabs very easily," Trump said.
Fears over disruptions to supply chains have led to some degree of coffee hoarding among consumers and countries — and that's given coffee prices a much-needed boost.
Germany is spending much more than countries like the United States, on a relative basis, to mitigate the economic impact from the coronavirus, a data study has shown.
China cut its one-year loan prime rate to 3.85% from 4.05%. The five-year loan prime rate was also reduced to 4.65% from 4.75%. The moves marked the second cut to the loan prime rates for 2020.