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Abu Dhabi / WAM The cabinet has passed a resolution on the publishing and sharing of health information related to communicable diseases. The resolution aims to ensure community health, safety and wellbeing while countering any form of misinformation that could lead to a negative impact and mislead public opinion. The resolution is part of the government’s efforts to enhance health ...

ABU DHABI / Emirates Business The Ministry of State for Federal National Council Affairs (MFNCA) has passed the audit process for renewing three International Standardisation Organisation (ISO) Certificates for Integrated Management Systems this week. The audit was conducted remotely using videoconferencing techniques and remote auditing, in line with the precautionary measures enacted in the UAE to ensure public health. The ...

Bloomberg Indonesians have been asked to cancel various gatherings that have been a common tradition during the Ramadan festive season as the number of daily coronavirus cases spiked by the most since the country reported its first case. The world’s fourth most populous nation reported 407 new infections on April 17, taking the total confirmed case count close to 6,000, ...

Bloomberg The coronavirus pushed China’s economy into its first contraction in decades in the first quarter, with the spread of the disease around the world now leaving the nation reliant on fragile local demand to spur a recovery. Gross domestic product shrank 6.8% from a year ago, the worst performance since at least 1992 when official releases of quarterly GDP ...

Bloomberg Quest Ventures, a Singapore venture capital firm, said it completed the first close of a planned $50 million fund. Quest, founded by James Tan, raised the money from investors including Pavilion Capital of Singapore and QazTech Ventures of Kazakhstan. It’s the firm’s second venture fund and its first time tapping institutional investors, after Tan financed the first fund with ...

Bloomberg Coronavirus cases in Singapore soared past the 5,000 mark as authorities detected more infections among foreign workers. Authorities said an additional 623 cases were confirmed on April 17 , bringing the total to 5,050 in the country, according to the health ministry’s statement. The majority of the cases are tied to facilities that house low-wage migrant workers in close ...

Bloomberg The European Union (EU) predicted its trade with the rest of the world would slump by 525 billion euros ($570 billion), or almost 10%, this year as a result of the coronavirus pandemic. EU exports of goods and services will drop by 285 billion euros, or 9.2%, while imports of both will decline by 240 billion euros, or 8.8%, ...

Bloomberg President Donald Trump announced a $19 billion bailout package for farmers hurt financially by the coronavirus crisis. The aid plan includes $16 billion in direct payments to farmers to boost their incomes, along with $3 billion in government purchases of meat, dairy products and other foods, the president said at a White House briefing. The Agriculture Department will receive ...

Bloomberg Daimler AG plans to resume US production of Mercedes-Benz luxury SUVs at its factory in Tuscaloosa, Alabama, on April 27 as the German carmaker prepares to gradually ramp up output halted by the coronavirus pandemic. “The company will continue operations in coordination with the respective authorities,” Daimler said in an emailed statement. Appropriate precautions to prevent infections, including cleaning ...

Bloomberg Boris Johnson’s government is seeking to expedite production of a vaccine and drugs to treat Covid-19, both of which are seen as crucial to end nationwide restrictions on citizens’ movement that have brought the UK economy to a near-halt. AstraZeneca Plc and the Wellcome Trust will form part of a new task force to coordinate efforts across academia and ...