Spain will be flying German tourists to their dream-worthy beaches starting June 15 in a pilot program to bring tourism back to its Balearic Islands. “What we are planning in the Balearics is to let a few thousands in,” an official at the Spanish foreign ministry told Reuters. “This is limited and to test the system.” The […] Read more
Qatar’s Minister of State for Energy Affairs shared his thoughts on some of the major oil producers’ market moves in recent months, shedding disapproval on the March decision by Saudi Arabia and Russia to launch into a price war, which sent oil prices into free fall. “I think it was a very big mistake,” Saad […] Read more
It is an awkward scene familiar to many Hongkongers: at an airport overseas, an immigration officer looks at a burgundy-coloured passport embossed with the British coat of arms, while the bearer of the document braces for the inevitable confusion and embarrassment. “British?” the officer asks, with a hint of suspicion. “Hmmm, no – I’m from […] Read more
Thailand’s coronavirus lockdown has eased but tourism industry must rely on local travellers for now
With cash flow drying up at Thailand’s popular beach resort of Phuket, hotels are racing to restart tourism –starting with local travellers. “If nothing changes in the next three months, we won’t be able to afford paying for staff,” said Angkana Tanetvisetkul, president of the Kata Karon Business Association, which represents more than 40 locally […] Read more
What is diabetes and why are so many people suffering from diabetes in China? The outbreak of the deadly novel coronavirus, which was first reported in Wuhan, China, has been capturing the world’s attention since the start of the year. Yet while health experts hope that Covid-19 may eventually be contained, the nation continues to […] Read more
Declaring himself “your president of law and order,” President Donald Trump vowed Monday to return order to American streets using the military if widespread violence isn’t quelled, even as peaceful protesters just outside the White House gates were dispersed with tear gas, flash grenades and rubber bullets. It was all, apparently, so Trump could visit […] Read more
TikTok owner ByteDance made a net profit of $3 billion last year, according to a report from Bloomberg on Wednesday that cited people familiar with the matter. The fast-growing company more than doubled its revenue from $7.4 billion in 2018 to $17 billion in 2019, according to the report, which states that it also has a […] Read more
The head of the European Union’s medicines agency Guido Rasi said on Monday an initial authorization for U.S. pharmaceutical company Gilead’s remdesivir as a Covid-19 treatment could be granted in coming days. “It might be that a conditional market authorization can be issued in the coming days,” Rasi told a hearing in the EU Parliament […] Read more
Walt Disney Co. investors got a taste of just how bad the coronavirus pandemic will be for the world’s largest entertainment company. The crisis cost Disney as much as $1.4 billion in lost profit last quarter, the company said Tuesday, with $1 billion coming from shuttered theme parks alone, and nearly every part of its […] Read more
The fast-spreading coronavirus has prompted many countries around the world to effectively shut down in order to contain the outbreak. The draconian measures have placed massive restrictions on the daily lives of hundreds of millions of people, from so-called lockdowns and school closures to strict regulations on social distancing and bans on public gatherings. It […] Read more
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