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Posted on June 7, 2020

Migrant worker virus exodus plunges India’s factories into crisis

An acute shortage of workers has turned the roar of machines to a soft hum at a footwear factory near New Delhi, just one of thousands in India struggling to restart after an exodus of migrant workers …

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Posted on June 7, 2020

Islamic Finance: OIC’s economic share at $6.6trln

The share of the Organisation of Islamic Countries (OIC), in the global economy shrank last year, accounting for 8 per cent or $6.6 trillion of global economy which is estimated at $86.6 trillion, …

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Posted on June 7, 2020

Inovio to Start a Phase 1/2 Study of its COVID-19 Vaccine in South Korea

Inovio (NASDAQ: INO) is partnering with the International Vaccine Institute and Seoul National University Hospital to run a phase 1/2 clinical trial of Inovio’s COVID-19 vaccine INO-4800 in South …

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Posted on June 7, 2020

The Latest: 2nd day of 50-plus cases in S Korea virus spike

South Korea has reported 57 additional cases of the coronavirus, marking a second day in a row that its daily jump is above 50 as authorities struggle to suppress a …

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Posted on June 7, 2020

Iran’s Uranium Stockpile Swelled During Virus Pandemic Lockdown

(Bloomberg) — Iran continued its elevated rate of nuclear-fuel production last quarter, even as the coronavirus pandemic forced it to shut down swaths of the economy and international inspectors …

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Posted on June 7, 2020

Coronavirus holiday hope for Britons as Turkey ‘air bridge’ could be ready for July 15

BRITONS could be able to enjoy a holiday in Turkey as soon as July 15 as officials hinting a deal to create an air bridge was close.

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Posted on June 7, 2020

UAE- Cabinet approves newly-formed AECB’s Board of Directors

The Cabinet has approved a resolution to reconstitute the Board of Directors of Al Etihad Credit Bureau, AECB, under the chairmanship of H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai …

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Posted on June 7, 2020

India’s Biggest Asset Sale to Attract China-Wary Oil Majors

The growing disquiet over China could see oil investors headed to India, said a top executive at a refiner that Prime Minister Narendra Modi’s government has put up for sale.

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Posted on June 6, 2020

Iraq tells OPEC it will cut oil output to comply with quota – OPEC delegate

Iraq has told OPEC it would start an urgent plan to cut its oil production gradually to fully comply with its quota, an OPEC delegate said on Saturday, after the group demanded that Baghdad and other …

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Posted on June 6, 2020

‘India facing demand recession’

This will boost the demand for passenger cars, especially in the second half of FY21. We have to be patient and prudent till normalcy is restored, says T.T. Srinivasaraghavan, MD, Sundaram Finance Ltd …

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