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Trump orders extended jobless benefits, payroll tax deferral

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Bloomberg President Donald Trump announced four executive actions on Saturday, including continued expanded unemployment benefits and a temporary payroll tax deferral for some workers, as the coronavirus pandemic continues to hobble the US economy. Trump also ordered continued eviction protection and student-loan relief. The moves could jeopardise negotiations with congressional Democrats over an additional coronavirus relief package, with the two ...

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UK plans $1.7bn in building projects to lift virus-hit economy

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Bloomberg Boris Johnson’s government will invest nearly $1.7 billion in building projects and provide two billion pounds in energy efficiency grants in an effort to create jobs and rally the pandemic-hit UK economy. Housing Secretary Robert Jenrick said 300 “shovel-ready” projects will receive a share of a 900 million pound Getting Building Fund, and a further 360 million pounds will ...

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Mexico’s tourism website in a daze due to strange translations

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Bloomberg The sometimes literal nature of automated translation programs has tripped up plenty of tourists — or in the case of Mexico, its entire tourism board. Operators of the Visitmexico.com website were left red-faced when the English version of the tourism information portal suddenly sprouted a series of comic or literal translations. Confusion escalated to the point where Mexico’s government ...

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Pandemic puts millions of Europeans on path to a debt crisis

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Bloomberg More economic upheaval is on the horizon in Europe as plans to end the unprecedented support for workers during the coronavirus pandemic threaten to tip millions of households into a debt trap. Organisations that help individuals sort out their financial problems are warning of a sharp increase in the number of families burdened by bills they can’t pay. Even ...

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Multi-functional offshore and repair facility opens in Hamriyah

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Sharjah / WAM Orient Source Hong Kong Group of Companies (OSHK) the International Commodity Trader and Project Investor, made its foray into UAE by launching its state-of-art 247,570 ft2 Multi-Functional Offshore & Repair Facility at the Port of Hamriyah in Sharjah along with a Trading Platform with Hamriyah Free Zone. The inauguration of the new facility was announced during a ...

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Abu Dhabi unveils new customer relationship management platform

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Abu Dhabi / WAM The Department of Government Support, which is represented by the Abu Dhabi Digital Authority (ADDA) announced the launch of the new Customer Relationship Management platform for the Abu Dhabi Government. The platform aims to improve customer experience as new services and solutions will now be provided to end users, enabling them to complete their transactions with ...

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Number of operating firms in Jumeirah reaches 3,648

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Dubai / WAM A report by the Business Registration and Licensing (BRL) sector of Dubai Economy shows that the number of operating businesses in Jumeirah reached 3,648 to date. According to a press release issued by Dubai Economy on Saturday, the licences issued according to the activities are: commercial (1,919), professional (1,663), tourism (48) and industrial (18). In terms of ...

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US sanctions HK chief Carrie Lam over China crackdown

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Bloomberg The US is placing sanctions on 11 Chinese officials and their allies in Hong Kong, including Chief Executive Carrie Lam, over their roles in curtailing political freedoms in the former UK colony, the Treasury Department said. “The United States stands with the people of Hong Kong and we will use our tools and authorities to target those undermining their ...

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Vietnam’s no virus death record ends

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Bloomberg For almost six months, Vietnamese officials every day announced a fairly astonishing statistic for a nation of 96 million: no Covid-19 deaths. But that changed on July 31, with 10 deaths being reported since. After no reports of community transmission cases since April 16, an outbreak in the coastal city of Danang turned deadly in late July. The virus ...

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Trump’s WeChat ban could hurt iPhone sales in China

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Bloomberg President Donald Trump’s order banning US companies from doing business with Chinese messaging app WeChat could damage iPhone sales in one of Apple Inc.’s most important markets. The order would block all transactions involving WeChat, which would prohibit Apple from distributing WeChat to mobile devices through its App Store. WeChat is central to digital life in China. It’s the ...

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