Bloomberg The world’s workers are reeling from the initial shock of the coronavirus recession, with job losses and welfare claims around the globe already running into the millions this week. As the International Labour Organisation (ILO) warns of almost 25 million layoffs if the virus isn’t controlled, the cuts from Austria to the US reflect the deepest peacetime recession since ...

Bloomberg The Opec+ meeting to try to end the oil price war is unlikely to go ahead of Monday as previously expected, as Riyadh and Moscow engaged on a war of words about who’s to blame for the collapse in oil prices. The Opec+ alliance needs more time for negotiations, a delegate familiar with the matter said, noting the meeting ...

ABU DHABI / WAM The Ministry of Health Prevention (MoHAP) and the Ministry of Interior (MoI) have announced the continuation of the ‘National Disinfection Programme’, as part of the preventive and precautionary measures taken by the UAE to contain Covid-19. The two ministries said new facilities and establishments would be added to disinfection plan in all emirates of the country. ...