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Indian poultry sales drop on coronavirus rumours

Bloomberg Indian poultry sales have been plunging on rumours spread by social media claiming that chickens are linked to the coronavirus, according to the country’s top animal feed company. Industry-wide weekly sales have plummeted at least 47% in the past three to four weeks, while prices have slumped almost 60%, said BS Yadav, managing director of Godrej Agrovet Ltd. “The ...

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Singapore emerges as litmus test for coronavirus containment

Bloomberg As the novel coronavirus starts to gather speed in Europe, the Middle East and the US, there’s one place it is seemingly being contained: Singapore. With no reported virus-related deaths despite 96 cases, and a slowing rate of infection that’s been outpaced by recoveries, the Asian city-state is emerging as a litmus test of whether the deadly pathogen can ...

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India mulls loans to telcos to pay dues

Bloomberg India is considering options including offering subsidised loans to cash-strapped wireless carriers that owe $13 billion in past dues, according to people with knowledge of the matter. The proposals include asking the companies to pay 20% of the principal upfront and the rest over a period of 16 years at an interest rate of 0.5% over the yield on ...

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