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Emirates Humanitarian City receives as many as 215 evacuees from China

ABU DHABI / WAM Around 215 individuals from neighbouring and friendly countries of the UAE evacuated from China have been welcomed at Emirates Humanitarian City. The move follows directives from the UAE leadership to setup Emirates Humanitarian City to provide the evacuees with the necessary monitoring and preventative medical care following their evacuation from the epicentre of the COVID-19 outbreak ...

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Emirates app hits 20mn downloads

DUBAI / Emirates Business As the race for “share of mobile” continues, Emirates marks a major milestone with 20 million downloads of its mobile app on the back of a strong mobile and digital strategy that has led to solid consumer uptake particularly in Africa, GCC and Asia. Catering to its global customer base, the Emirates app is available in ...

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France pavilion at Expo 2020 Dubai set for Sept finish

DUBAI / WAM The French Pavilion, located in the Mobility District, is rapidly shaping up, and is on track for a handover in September, in time for Expo 2020 Dubai. The organisers of the upcoming World Expo welcomed Erik Linquier, General Commissioner; Philippe Mille, Pavilion Director; and Architects, Bernard Mauplot from Atelier du Prado and Jacob Celnikier from Celnikier & ...

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Toyota changes CFO, top-ranking foreigner resigns in fresh shuffle

Bloomberg Toyota Motor Corp replaced its chief financial officer (CFO) nd a high-ranking foreigner stepped down as part of a management shuffle at the Japanese automotive giant. Kenta Kon, chief officer at the accounting group, will also be CFO, replacing Koji Kobayashi, who will stay on as chief risk officer, Toyota said in a statement. Didier Leroy, who was once ...

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India curbs drug exports on fear of coronavirus shortages

Bloomberg US health regulators are watching for potential drug shortages after India restricted the export of some raw pharmaceutical ingredients, a move that could disrupt the industry’s globe-spanning supply chain. India said it would limit export of some common medicines as concerns grow over shortages of chemical ingredients. Many manufacturers of those ingredients in China are shut or making less ...

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China car sales fall record 80% as virus empties showrooms

Bloomberg China’s car sales had the biggest monthly plunge on record as the coronavirus kept shoppers away, intensifying the pressure on automakers already battling an unprecedented slump before the outbreak. Sales fell 80% in February, according to preliminary numbers from the China Passenger Car Association released on Wednesday. Average daily sales improved towards the end of the month compared with ...

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China virus spread slows drastically, but doubt remains

Bloomberg While infections in the rest of the world accelerate, the coronavirus epidemic is showing signs of easing at its center — China — with new cases slowing dramatically and recoveries gathering pace. Still, doubt remains over whether the government’s statistics show the full picture. On March 3, China reported 119 new confirmed cases of the coronavirus, the lowest number ...

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Virus takes aim at $1.7tn industry as tourists stay home

Bloomberg On Lake Como in northern Italy, spring normally spells the return of the tourists. The likes of George Clooney descend on waterfront villas, couples wander the cobbled streets and design fairs fill hotel rooms with well-heeled travellers. This year, because of the coronavirus, hoteliers are wondering whether the visitors will come at all. Hotels in the area saw more ...

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Johnson urged to look beyond big ticket spending in budget

Bloomberg UK Prime Minister Boris Johnson should look beyond large transport projects to ensure the billions of pounds of planned extra spending boosts the whole UK economy, according to the Resolution Foundation. Johnson’s budget next week is expected to raise capital spending by 20 billion pounds ($26 billion) a year, taking investment to levels last sustained in the 1970s. The ...

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China’s Huawei finds Swiss 5G heaven with ‘Fitbits’ for cows

Bloomberg A quiet Huawei Technologies Co-led 5G revolution is unfolding at the heart of Europe — in the bucolic Swiss hamlet of Taenikon. Far from President Donald Trump’s campaign to stop the world from using the Chinese company’s technology, cows in this northern Swiss village — with its white-washed cottages and manicured fields — wear Huawei’s 5G-connected neck-straps instead of ...

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