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China expands medical aid to Africa with first Ethiopia shipment

Bloomberg China’s mass deployment of medical aid to fight the coronavirus reached Africa as Ethiopia received its first shipment of supplies, including protective gear and test kits, for distribution across the continent from billionaire Jack Ma. The Horn of Africa nation received 5.4 million face masks, more than 1 million testing kits, 40,000 items of protective clothing and 60,000 sets ...

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Malaysia growth seen at 2% low on ‘triple whammy’ of troubles

Bloomberg Malaysia’s economy is set to grow at its slowest pace since the 2009 financial crisis as it struggles with a trio of troubles: coronavirus, oil-price crash and political upheaval. Analysts from Fitch Ratings to United Overseas Bank Ltd now expect Malaysia’s economy to grow about 2% this year. That compares with the government’s estimate that gross domestic product will ...

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Critics cry foul at miners for using Covid-19 to bend rules

Bloomberg Coal companies want to suspend payments for mine cleanups. The trucking industry wants to waive rules that limit drivers’ daily hours. And oil producers want to put off a June 1 deadline to shift to summer-grade gasoline. A wide range of industries are pleading with federal agencies to waive environmental requirements and ease regulatory deadlines, arguing that the global ...

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