Bloomberg The global economy is taking a battering not seen in decades, the outcome of severe restrictions on businesses and households by governments desperately trying to contain a pandemic that’s killed almost 17,400 people worldwide. The first major numbers outlining the damage tell a story of companies seeing demand plunge at a record pace, activity shrinking and confidence dropping. Government …

Bloomberg The Telecommunications Regulatory Authority (TRA) of UAE has lifted restrictions on some programs that allow voice calls over the Internet, including Microsoft Skype for Business and Google Hangout, to help people work from home and avoid spreading the coronavirus. The applications allowed on all networks in the country are: Microsoft Times, Zoom, and Blackboard. The applications, which will be compatible with …

Bloomberg The 2020 Tokyo Olympics will be delayed by a year in the first postponement since the modern games began in the 19th century, becoming the biggest global event to be disrupted by the coronavirus pandemic. Japanese Prime Minister Shinzo Abe said he and International Olympic Committee President Thomas Bach agreed to the unprecedented move in a telephone call on …