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Bloomberg For almost six months, Vietnamese officials every day announced a fairly astonishing statistic for a nation of 96 million: no Covid-19 deaths. But that changed on July 31, with 10 deaths being reported since. After no reports of community transmission cases since April 16, an outbreak in the coastal city of Danang turned deadly in late July. The virus ...

Bloomberg President Donald Trump’s order banning US companies from doing business with Chinese messaging app WeChat could damage iPhone sales in one of Apple Inc.’s most important markets. The order would block all transactions involving WeChat, which would prohibit Apple from distributing WeChat to mobile devices through its App Store. WeChat is central to digital life in China. It’s the ...

Bloomberg The Italian government has approved its latest bundle of coronavirus related norms aimed at supporting businesses and workers damaged by the coronavirus pandemic. The measures known as “August decree” include tax breaks for small and medium-sized businesses and companies that hire in Southern Italy, an extension of one-off payments for tourism and entertainment industry workers, money for the healthcare ...

Bloomberg Boris Johnson’s government warned British tourists they face more disruption to their plans for holidays in Europe amid reports that France may be next on the UK list of countries hit by coronavirus travel restrictions. Belgium, Andorra and The Bahamas were added to the quarantine list — meaning all passengers arriving from these areas will need to self-isolate at ...

Bloomberg Canada’s economy recorded a third straight month of strong employment gains that have recouped more than half of losses from Covid-19. Employment rose by 418,500 in July, bringing to 1.7 million the number of jobs reclaimed over the past three months. Canada lost 3 million jobs in March and April at the height of the pandemic. The employment rebound ...

Dubai / WAM Dubai Airport Freezone Authority (Dafza) achieved positive financial and operational results in the first half of 2020. Throughout the first quarter of the year, Dafza recorded a 54 percent increase in general exports. During this period, China accounted for the highest percentage of Dafza’s trade, with 21 percent at a value of AED 7.7 billion, followed by ...

Abu Dhabi / WAM The total number of business licences issued in UAE at the end of July amounted to 665,246, a 1.9 percent increase compared to 652,885 licences issued in December 2019, according to the National Economic Register. Based on these figures, the issuance of licences in the country is expected to surge in the coming months, which will ...

Dubai / WAM Dubai Customs has launched “Siyaj” (Fence) initiative: the first integrated control 24/7 system in the world. The new system is based on a number of sophisticated AI technologies, rapid intervention teams that work around the clock, drones, and the K9 sniffing dog unit. The initiative will enhance Dubai and UAE’s security and help protect the society from ...

Bloomberg Indian Energy Exchange (IEX) is in talks with strategic investors to sell a minority stake in its fledgling gas unit. The largest electricity trading platform in India may sell as much as 49% in the venture in a series of deals, Rajiv Srivastava, chief executive officer of IEX said in an interview. The first accord may be signed in ...

Bloomberg Army personnel and rescue workers sifted through mountains of rubble from a massive explosion that flattened Lebanon’s main port, looking for survivors from a blast that roared through the capital, Beirut, killing at least 100 people and wounding thousands more. Authorities appealed to other countries for emergency aid as concerns over food supply in the import-dependent nation mounted. Officials ...