Archive of 14 April 2020

Obama set to endorse Joe Biden for president

The 77-year-old former vice president is the Democratic Party's presumptive nominee. WASHINGTON: Barack Obama will endorse his longtime deputy Joe Biden for US president Tuesday,...

Audi Hungary plant begins tooling up after three-week production halt

Production was suspended March 22 at its Audi plant in Gyor, 120 kilometres (75 miles) west of Budapest, that employs almost 13,000 people. "We...

NATO chief urges more self-sufficiency in medical stocks   

Stoltenberg spoke a day before NATO defence ministers were to hold a videoconference focused on the consequences of the pandemic. In any case, he...

More than 120,000 killed by coronavirus worldwide

The figures were collated using data collected by AFP from national authorities and information from the World Health Organization (WHO). The novel coronavirus has...

Mideast economy set for worst slump in decades: IMF

The region, which includes all Arab countries and Iran, will suffer its worst economic performance since 1978 when it was convulsed with unrest and...

JPMorgan, Wells Fargo profits hit as they build reserves for bad loans

JPMorgan booked nearly $8.3 billion, including a build of $6.8 billion in the first quarter, to prepare for what Chief Executive Jamie Dimon called...

Coronavirus deaths in Sweden pass 1,000: health agency

Sweden's Public Health Agency said it had recorded a total of 11,445 confirmed cases of COVID-19 and 1,033 deaths. STOCKHOLM: Sweden on Tuesday reported another...

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