Bloomberg Franco Fubini, who founded fruit and vegetables seller Natoora Ltd., is used to charging celebrity chefs a premium price for carefully tended produce, like white peaches from Italy, Sicilian pomegranate and Essex heirloom tomatoes. But in the past week, sales have evaporated. As shoppers empty supermarket shelves of pasta and dried beans, wholesalers like Natoora, which buys from more ...
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BMW to idle its biggest plant in US
Bloomberg BMW AG’s South Carolina SUV factory, one of the last US auto assembly plants still operating, will be idled early next month. The factory, which makes the brand’s lucrative X3, X5 and X7 sport utility vehicles, will shut down starting April 3 for more than two weeks, the German company said in a statement, confirming an earlier Bloomberg News ...
Read More »China orders local staff out of US news outlets in Beijing
Bloomberg Authorities in Beijing have forced at least seven Chinese nationals to stop working for American news outlets there, according to the Committee to Protect Journalists, the latest development in an ongoing dispute between the US and China over media access. Members of the New York Times, Voice of America and two other outlets were dismissed from their jobs on ...
Read More »Italy’s virus deaths rise by record 793 to 4,825
Bloomberg Italy suffered its worst day of coronavirus deaths and shut down almost all industrial production for 15 days, with the pandemic dealing blow after blow across an entire European continent in lockdown. Prime Minister Giuseppe Conte said that Italy will temporarily halt all non-essential business activity as the country of 60 million faces its biggest challenge since World War ...
Read More »Anwar says he no longer believes Mahathir
Bloomberg Malaysian opposition leader Anwar Ibrahim said he no longer believes former Prime Minister Mahathir Mohamad following a series of broken promises between the two political stalwarts. Anwar, in an interview with CNBC, said “not now†when asked if he still trusted in the former prime minister. “I am just human, I take people at face value and I think ...
Read More »Ethiopia mulls delaying elections on coronavirus
Bloomberg Ethiopia is considering whether it can hold elections as scheduled in August as the coronavirus (Covid-19) epidemic spreads. “If we can control the disease and get through it in a short time, like China did, then elections would be held on schedule. This is preferable,†Prime Minister Abiy Ahmed said in a televised address to the public on March ...
Read More »Virus crisis boosts Duda before vote in locked-down Poland
Bloomberg Polish President Andrzej Duda has rarely been busier than since he suspended his election campaign and called on rivals to follow suit amid the coronavirus outbreak. The incumbent has criss-crossed the country and made television appearances at a border checkpoint, a hospital, a food bank and even oil group PKN Orlen SA’s new production line of hand sanitiser. His ...
Read More »Trump sends letter to Kim offering help fighting virus
Bloomberg US President Donald Trump sent a letter to North Korean leader Kim Jong-un offering help fighting the coronavirus outbreak. The letter also included a plan for advancing ties between the countries, according to a statement from Kim’s sister, Kim Yo Jong, that was published by Korean Central News Agency. North Korea has said it has avoided the virus pandemic ...
Read More »Covid-19: US’s comparision to China will be decisive
The Pentagon created the Office of Net Assessment in 1973 to forecast America’s strengths and weaknesses relative to its main adversaries after a nuclear war. What would a similar “net assessment†tell us about how America and the world will look after the coronavirus pandemic? At the heart of such a post-pandemic assessment is the question of where America will ...
Read More »How to limit hoarding amid outbreak
“What happened to the soap?†That’s what many Americans may be thinking as they wander forlornly through the aisles of local grocery stores (always careful, of course, to maintain a 6-foot distance from other customers). Fresh food may be abundant, but the necessities of a disease quarantine — hand soap, sanitiser, toilet paper and so on — are increasingly hard ...
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