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Bloomberg Both US President Donald Trump and China’s Xi Jinping have good reasons to deflect political blame for the coronavirus outbreak. And that has both of them zeroing in on the pathogen’s name. As the disease formally designated as Covid-19 expands across the US, Trump and other top Republicans have sought to highlight the outbreak’s foreign origin and even use ...

DUBAI / WAM Nine countries from around the world – Djibouti, Grenada, Malawi, Myanmar, Saint Kitts and Nevis, San Marino, Sri Lanka, Suriname and Zimbabwe – have unveiled their Expo 2020 Dubai pavilions, each designed by young and emerging talented students, and in line with the Expo’s wider aim to engage, involve and empower the next generation. Hind Al Boom, ...

DUBAI / WAM The Dubai Financial Market (DFM) announced that it has successfully implemented a remote working technical exercise that included various market operations’ technical activities, as part of its plan for business continuity in the event of facing any unforeseen circumstances. Hassan Al Serkal, Chief Operating Officer and Head of Operations Division of DFM, said, “In line with DFM’s ...

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) received a delegation from Etihad Rail to enhance avenues of cooperation and introduce the business community in Sharjah to the strategic Etihad Rail project in view of its importance in supporting the national economy. The meeting also reviewed the possibility of holding an introductory seminar for government and private ...

DUBAI / WAM While health authorities across the world are asking travellers to postpone their travel plans unless necessary, it is important for those who travel to know the checks and measures in place as well as their responsibility, especially if they have recently travelled to places of widespread coronavirus transmission. The UAE Ministry of Health and Prevention asked all ...

Bloomberg Chinese President Xi Jinping visited the coronavirus epicentre of Wuhan for the first time since the disease emerged, a trip intended to project confidence that his government has managed to stem its spread domestically. Xi arrived on Tuesday morning in the capital of Hubei province, the official Xinhua News Agency said. He visited Huoshenshan Hospital, one of the two ...

Bloomberg Two months after Japan confirmed its first case of the new coronavirus, PM Shinzo Abe is finally setting up a legal framework to let him declare a nationwide state of emergency if the outbreak worsens. Like many of Abe’s responses to the crisis — from restricting visitors from virus-hit areas to bolstering the local mask supply — the introduction ...

Bloomberg UK bond issuance is set to surge to the highest level in nine years with Prime Minister Boris Johnson’s government expected to unveil a significant increase in budget spending. Sales of gilts will rise to 166 billion pounds ($218 billion) in the 2020-2021 financial year, according to the median forecast of 13 bond dealers surveyed by Bloomberg. The nation’s ...

Bloomberg An exhausted-looking Elon Musk said he’s unsure his rocket company SpaceX will accomplish its foundational mission — getting to Mars — before he dies. “If we don’t improve our pace of progress, I’m definitely going to be dead before we go to Mars,” Musk said at the Satellite 2020 conference in Washington. “If it’s taken us 18 years just ...

Bloomberg On February 28, questions about the coronavirus swirled around Google’s offices. The company was being criticized for YouTube’s handling of hoax videos, a major company conference was canceled and an employee in Zurich tested positive. In the midst of this, Chief Executive Officer Sundar Pichai sent a memo reminding thousands of his workers about Google’s important role as a ...