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Bloomberg China will release results at the end of April from clinical trials of a Gilead Sciences Inc drug that is emerging as a frontrunner in the race to find an effective treatment for the novel coronavirus. The outcome of trials of the experimental medication remdesivir on 761 patients in Wuhan, the city where the virus originated, will be made ...

Bloomberg Employment increased in about 80% of the largest US counties in the third quarter of 2019 from a year earlier and wages grew in 350 of 355, according to the US Bureau of Labor Statistics. In the third quarter of 2019, average weekly wages for the nation rose to $1,093, a 3.6% increase from a year earlier. People working ...

Bloomberg US President Donald Trump met his Indian counterpart in New Delhi on Tuesday, amid growing tensions between rival protesters in the capital and with a host of critical issues from defense to regional security on the agenda. Now that the US-India trade agreement looks likely to be pushed until after the US election, news of a $3 billion military ...

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, visited on Monday the exhibition halls of Umex and SimTEX 2020. The fourth edition of the exhibition is the only event in the Middle East dedicated for drones, robotics, components and unmanned systems. Organised ...

ABU DHABI / WAM Abu Dhabi Autonomous Systems Investments Company (Adasi) on Monday announced that it has signed an AED234 million contract to supply the new Camcopter S-100 unmanned aerial vehicles (UAV)s to the UAE Armed Forces. Ali Al Yafei, CEO of Adasi, made the announcement on the sidelines of the Unmanned Systems Exhibition and Conference (UMEX) 2020, that is ...

DUBAI / WAM Falcon Aviation, one of the UAE’s leading business aviation services company, has been awarded the D1 approval for Non-Destructive Testing (NDT) by three authorities, including the European Union Aviation Safety Agency (EASA) allowing Falcon Aviation to identify latent issues in customer aircraft and attend to them to the highest safety degree. The coveted D1 approval has been ...

ABU DHABI / WAM The UAE Space Agency has announced the details of the new UAE Space Law issued by President His Highness Sheikh Khalifa bin Zayed Al Nahyan. The announcement was made during an introductory workshop for the UAE Space Law, organised by the UAE Space Agency and held in Abu Dhabi. Previously, the law was passed by the ...

Bloomberg President Xi Jinping urged China to “spare no effort” to contain the coronavirus outbreak in Beijing, as the nation’s top legislature postponed its annual legislative session in the capital to help check the disease’s spread. Xi issued his warning in a conference call attended by more than 170,000 government and ruling party officials — the biggest of its kind ...

Bloomberg South Korea warned its fragile economic recovery is under threat from the coronavirus that has spread dramatically across the country over the past week, and pledged action to minimise the fallout. The country’s currency and the main stock index plunged. The epidemic poses a “large concern that it will limit the trend of economic recovery started late last year,” ...

Bloomberg The mood among German business hasn’t being dramatically shaken by the coronavirus outbreak, suggesting they see a short-term impact that won’t overly disrupt a pickup in 2019. The closely watched IFO confidence index unexpected rose this month, as did a measure of expectations. The increase comes as executives wait to see if authorities can get the outbreak under control ...