Bloomberg When their doors finally open after mandatory shutdowns, American malls could face another hurdle: consumer fears. Only one-third of American adults surveyed said that they will feel safe shopping in a mall after stores reopen, according to a new study by retail predictive analytics company First Insight Inc. More respondents said they’ll feel safe shopping in grocery, drug and ...

Bloomberg E-commerce companies have emerged as a favourite play on Wall Street during the coronavirus pandemic, amid a growing consensus that upcoming results will reveal a potentially permanent shift in consumer behaviour towards online shopping. While online sales have long been growing their market share as a percentage of overall retail spending, the trend has been accelerated as shutdowns force ...

Bloomberg A Walmart Inc store near Denver has been shuttered by local authorities after three people with ties to the location died from coronavirus. The closing came after a series of complaints from employees and shoppers about a lack of social distancing, according to the Tri-County Health Department. This included workers not wearing face masks and too many people in ...

HADRAMAUT / WAM The UAE, through its humanitarian arm, the Emirates Red Crescent (ERC) provided 4,000 food parcels weighing 171 tonnes to the residents of Al Shihr district in the Yemeni Governorate of Hadramaut on the occasion of the Holy Month of Ramadan. The aid package was administered in line with the directives of His Highness Sheikh Mohamed bin Zayed ...

Bloomberg Oil edged lower for the week after paring losses following the dramatic collapse that saw prices in New York plunge below zero for the first time in history. West Texas Intermediate for June delivery rose 2.7%, closing the curtain on a tumultuous week of wild price swings. US operators have started to shut old wells and halt new drilling, ...

DUBAI / WAM The Ministry of Human Resources and Emiratisation has issued a ministerial circular reducing the working day by two hours for all employees working in the private sector in the country during the Holy Month of Ramadan 1441 Hijri, Nasser bin Thani Al Hamli, Minister of Human Resources and Emiratisation, issued the circular in implementation to the Federal ...

Bloomberg The European Union’s (EU) foreign and diplomatic wing said there’s evidence of a “coordinated push” by official Chinese sources to deflect blame for the coronavirus pandemic and promote its response to the virus. Official Chinese sources have been “publicising announcements and deliveries of bilateral assistance, with polls in certain countries showing China being perceived as more helpful in fighting ...

Bloomberg India distributed about $14 each to more than 350 million people to ease their financial stress amid a nationwide lockdown enforced to prevent the coronavirus from spreading, the government said. The assistance totaling more than 370 billion rupees ($4.84 billion) was given under a state program named “PM Garib Kalyan,” KS Dhatwalia, a spokesman for the administration said. That’s ...

DUBAI / WAM Dubai continues efforts to contain Covid-19 with proactive measures, long lasting stock of strategic commodities Only 12 out of 1,200 frontline paramedics of Dubai Corporation for Ambulance Services (DCAS) tested positive for coronavirus, five of them fully recovered and returned to perform their duties, said Khalifa Hassan Al Drai, the Corporation’s Executive Director. Al Dari made the ...

Dubai / Emirates Business Dubai Future Accelerators (DFA), one of Dubai Future Foundation’s (DFF) initiatives, has announced the successful implementation of a virtual program in collaboration with a group of government and private entities in Dubai. The organisation’s efforts to navigate the current environment and shift towards a remote way of working aims to enable an uninterrupted and impactful completion ...