March, 2020

• 24 March

  Deli Foods Peru joins DP World’s LatAm incubation centre

  

  DUBAI / WAM DP World UAE Region announced that Deli Foods Peru has joined the Latin American, (LatAm) Incubation Centre at Jafza One, the flagship commercial complex located at the heart of Jebel Ali Free Zone (Jafza). The agreement was signed at Gulfood 2020, and marks Deli Foods as the first Latin American company to join the incubation centre, a ...

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• 24 March

  Covid-19: Dubai police uses drones to reinforce measures

  Dubai / WAM The Dubai Police have started using drones to ensure full compliance with decisions and disseminate the critical message of avoiding public spaces and vacating shores as a precautionary measure to prevent the transmission of the coronavirus (Covid-19). Colonel Saeed Al Madhani, Director of Ports Police Station in Dubai, stressed the Dubai Police’s HQ keenness to utilise the ...

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• 24 March

  World’s back office rushes to stay online in India lockdown

  

  Bloomberg Companies in India are scrambling to ensure that the millions who staff the back offices of Wall Street banks and take on work outsourced by firms from airlines to insurers can keep going as the nation mandates increased work from home amid a spike in coronavirus cases. UBS Group AG, Deutsche Bank AG and other global giants are working ...

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• 24 March

  Thai premier to impose state of emergency to tackle coronavirus

  

  Bloomberg Thailand’s Prime Minister Prayuth Chan-Ocha said a state of emergency will be declared for a month from March 26 as the government steps up efforts to fight the novel coronavirus outbreak. The premier made the announcement on Tuesday after a Cabinet meeting in Bangkok. The decree will give him broad powers to impose further curbs on every-day life, under ...

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• 24 March

  India has enough food to feed poor as shutdown continues

  

  Bloomberg India will have enough grain stockpiles to feed its poor for at least a year-and-a-half as reserves are likely to further balloon after record harvests in the South Asian nation that has been locked down to check the spread of the coronavirus. There will be no food shortage in the second-most populous country, DV Prasad, chairman of state-run Food ...

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• 24 March

  China to lift lockdown on virus epicenter Wuhan on April 8

  

  Bloomberg China’s Hubei province said it will allow transportation to resume for the city of Wuhan on April 8, effectively lifting a mass quarantine over the city where the coronavirus first emerged last December. People in Wuhan will be allowed to leave the city and Hubei province, according to a statement on the provincial government’s website on Tuesday. The easing ...

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• 24 March

  China factories work 24/7 to produce ventilators for Milan

  

  Bloomberg About a 40-minute drive to the east of China’s capital, Beijing Aeonmed Co has been working around the clock since January 20. After meeting the country’s needs two weeks ago, its factory lines have been working flat out on orders from overseas for its lifesaving ventilators. With three shifts and even research and development staff working the production line, ...

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• 24 March

  PG&E agrees to plead guilty to involuntary manslaughter

  

  Bloomberg PG&E Corp agreed to plead guilty to involuntary manslaughter in connection to the deadliest wildfire in California history. The bankrupt utility will pay $4 million in fines for its role in the 2018 Camp Fire, which was sparked by PG&E power lines, according to a statement Monday. The blaze killed 85 people in the foothills of the Sierra Nevada ...

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• 24 March

  Plunge in pollution cost is hindering a key green ambition

  

  Bloomberg The world’s biggest carbon market is joining the long list of victims of the economic fallout from the coronavirus. The price of certificates allowing companies to emit carbon dioxide in the European Union (EU) has crashed by 40% so far this year, including two drops of more than 10% in the past week. That has erased two years of ...

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• 24 March

  US solar workforce could be halved by virus

  

  Bloomberg The leading US solar-trade group warns fallout from the coronavirus could slash the industry’s workforce in half. The Solar Energy Industries Association made the projection on March 23 as part of a campaign to convince Congress to make the federal tax credit for the sector refundable or payable directly to businesses and customers. “As the stock market tanks, tax-equity ...

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