Honda's global operations hit by cyber-attack

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Honda has said it is dealing with a cyber-attack that is impacting its operations around the world. "Honda can confirm that a cyber-attack has taken place on the Honda network," the Japanese car-maker said in a statement. It added that…

Saudi: First ‘Mobile’ Fruit and Vegetable Market Inaugurated

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The Eastern Province Municipality has inaugurated the first innovated mobile “Food Truck” for selling fruits and vegetables, amid the precautionary measures being taken to curb the spread of the COVID-19 infection and also ridding the crowding…

Oil giant BP set to cut 10,000 jobs

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BP has announced plans to cut 10,000 jobs following a global slump in demand for oil because of the coronavirus crisis. The oil giant had paused redundancies during the peak of the pandemic but now it has said around 15% of its workforce…

Huawei launches media blitz as UK weighs its role in 5G

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Huawei is launching a newspaper and internet campaign to mark 20 years of business in the UK. In an open letter to the public, the Chinese telecoms company says it is "as committed as ever" to provide "the best equipment" to the UK's 5G mobile…

US coronavirus deaths top 110,000

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Global death toll from the coronavirus surged past 400,000, according to Johns Hopkins University. About 30 percent of those cases, or two million infections, are in the US. Latin America has the second-largest outbreak, with more than 15 percent…

New Zealand has eradicated coronavirus

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New Zealand appears to have completely eradicated the coronavirus -- at least for now -- after health officials said the last known infected person had recovered. The announcement was greeted with joy around the country and means the nation…

Pandemic pushes US into official recession

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The economic downturn in the US triggered by the pandemic has been officially declared a recession. The National Bureau of Economic Research made the designation on Tuesday, citing the scale and severity of the current contraction. It…

Malaysia set to reopen nearly all economic activities

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Malaysia said it would reopen nearly all economic activity and allow interstate travel starting June 10, lifting coronavirus restrictions imposed nearly three months ago as it moves to revive an economy battered by the pandemic. Prime Minister…

Curfew in Jeddah Reimposed for Two Weeks

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Saudi Arabia has reimposed a curfew in the Red Sea city of Jeddah. The curfew will be from 3pm to 6am for two weeks due to the spread of the coronavirus. Work will be suspended in offices, SPA reported. SPA said prayers in the city’s…

OPEC, allied nations extend 10 million barrel cut by a month

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OPEC and allied nations agreed to extend a production cut of nearly 10 million barrels of oil a day through the end of July, hoping to boost energy prices hard-hit by the coronavirus pandemic. Ministers of the group and outside nations like…

Spain extends coronavirus emergency until June 21

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The Spanish government secured parliament’s backing for a final extension to the state of emergency imposed to tackle the coronavirus epidemic and which will now last until June 21. Prime Minister Pedro Sanchez sought to extend the state…

Fourth round of post-Brexit trade talk ends

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The European Union and the United Kingdom have failed to make significant progress during the fourth round of post-Brexit trade talks as the deadline for a possible extension of the transition period looms. Following four days of video discussions,…

EU eyes return to free travel by early July

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The European Commission hopes that travel restrictions within the Schengen European free travel area will be lifted by the end of June and to end a ban on entry into the EU by early July, Home Affairs Commissioner Ylva Johansson said today. “I…

World leaders pledge $8.8bn for global vaccines programme

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Global leaders across the world on Thursday committed $8.8 billion to the global vaccines alliance Gavi to support immunisation programmes affected by coronavirus. The online meeting beat a target to raise $7.4 billion to provide vaccines…