WASHINGTON: US House Speaker Nancy Pelosi said on Wednesday (Jul 29) that members and staff would be required to wear masks in the House of Representatives during the coronavirus pandemic. Members will be allowed to remove their masks when addressing the chamber, Pelosi said on the House floor. “The chair […]
Month: July 2020
NEW YORK: Eastman Kodak CEO Jim Continenza added US$79 million to his net worth on Wednesday when his options in the imaging company turned from worthless to lucrative thanks to a US government loan for a pharmaceutical ingredients supply deal that super-charged the value of his shares. Kodak’s stock increased […]
BOSTON: The former chief executive of specialty finance lender Hercules Capital was sentenced on Wednesday (Jul 29) to six months in prison for paying US$450,000 to help his daughters gain an unfair edge in the college admissions process. Federal prosecutors in Boston say Manuel Henriquez and his wife, Elizabeth Henriquez, […]
NEW YORK: One person in the United States died about every minute from COVID-19 on Wednesday (Jul 29) as the national death toll surpassed 150,000, the highest in the world. The United States recorded 1,456 new deaths on Wednesday, the highest one-day increase since 1,484 on May 27, according to […]
NEW DELHI: Nearly one in three children around the world have high levels of lead in their bloodstream, according to a new study, as widespread lead pollution puts millions of young people at risk of irreversible mental and physical damage. About 800 million children had lead levels of 5 micrograms […]
SINGAPORE: Singapore’s central bank and the US Federal Reserve have extended a US$60 billion swap facility through to March 2021 to bolster US dollar lending to firms in the country and the region, the Monetary Authority of Singapore (MAS) said on Thursday (Jul 29). The swap facility allows MAS to […]
SHENZHEN: China’s Huawei overtook Samsung Electronics as the world’s biggest seller of mobile phones in the second quarter of 2020, shipping 55.8 million devices compared to Samsung’s 53.7 million, according to data from research firm Canalys. While Huawei’s sales fell 5per cent from the same quarter a year earlier, South […]
LOS ANGELES: President Donald Trump’s administration on Wednesday (Jul 29) agreed to a deal to defuse weeks of clashes in the US city of Portland with the withdrawal of federal forces whose presence enraged protesters, but the timing remained in dispute. Oregon Governor Kate Brown said the forces – whose […]
NEW YORK: Boeing suffered a bigger-than-expected loss in the latest quarter, the company announced Wednesday (Jul 29), and signalled additional job cuts are likely as it contends with a protracted air travel downturn amid the coronavirus pandemic. The aerospace giant, which previously suspended the dividend for shareholders and announced a […]
RIO DE JANEIRO: Chinese drug company Sinopharm and Parana state have agreed to launch the fourth major COVID-19 vaccine trial in Brazil and will seek regulatory approval in the next two weeks, the Brazilian partners said on Wednesday (Jul 29). A trial by Sinopharm would join Phase III trials already […]