New lockdowns threaten economic recovery – Covid second wave gathers pace
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22 September Countries across Europe including the UK, Spain and France are witnessing a surge in the number of Covid-19 cases. Some of these countries have just started showing signs of economic revival and new lockdowns to control the recent surge in cases may have serious consequences. Daniel Lacalle, chief economist at Tressis SV, shared …
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GlobalData Epidemiologist Report: Covid cases near 5.5 million in India – Global infections pass 31 million
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21 September Globally, the total confirmed cases of Covid-19 have reached over 31,092,000 with over 961,000 deaths and 21,274,000 recoveries. The US, India and Brazil remain top three worst-hit countries. India now reports over 5 million total confirmed cases of Covid-19. On 17 September India reported its highest number of new daily cases since the …
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Restrictions could curb UK GDP growth – US losing status as economic superpower
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21 September The UK is facing resurgence in cases forcing the government to take drastic measures to curb the infection rates. A new set of restrictions and the possibility of another national lockdown threaten to wipe out many sectors particularly the hospitality industry. John Ashcroft, economics and financial markets expert, shared an article on how …
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International update: Global Covid cases pass 31 million – deaths exceed 960,000
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21 September Global: Worldwide Covid-19 cases have now passed 31 million, with deaths exceeding 960,000 according to Johns Hopkins University tracker. US: The US is nearing 200,000 deaths, nine months after the beginning of the coronavirus pandemic. The number of deaths in the US, the highest in the world, stood at 199,509 on the Johns …
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Coronavirus company news summary – USAID donates 200 ventilators to NATO stockpile of medical supplies
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21 September The Indonesian Government has said that the military and national police will work together to enhance monitoring of health protocol rules, The Jakarta Post reported. The military will ensure people wear masks and maintain social distancing. During a teleconference, Indonesia Maritime Affairs and Investment Minister Luhut Pandjaitan said: “Each military command is tasked …
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GlobalData Epidemiologist Report: Global Covid cases pass 30.2 million – no sign of peak in India
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18 September Globally, the total confirmed cases of Covid-19 have reached over 30.2 million with over 946,000 deaths and 20,532,000 recoveries. Worldwide the Covid-19 cases and recoveries are trending upwards while deaths remain low. The US has the largest number of confirmed cases globally with the leading states appearing to have passed their peaks. Infections …
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International update: Global Covid cases pass 30.1 million – deaths near 950,000
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18 September Global: Worldwide Covid-19 cases have now passed 30.1 million, with deaths exceeding 946,000 according to Johns Hopkins University tracker. The global death toll is expected to pass one million by 1 October. The US accounts for than 22% of global cases, at 6.67m, and nearly 200,000 fatalities. Europe: Hans Kluge, the World Health …
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Coronavirus company news summary – Maine CDC investigates outbreak at Portsmouth Naval Shipyard
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18 September The US Department of Defense (DOD) has awarded a Medical Technology Enterprise Consortium (MTEC) Other Transaction Agreement (OTA) to Diomics for its Covid-19 skin patch. Under the $2.125m agreement, the company will focus on speeding up the development of testing of its SARS-CoV-2 Visual Immune Response Indicator skin patch. The device is designed …
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Why China’s economic growth will not drive global recovery
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18 September China’s economy was earlier predicted to contract but new estimates show that the country may post growth during the year. Ray Fisman, economics professor at Boston University, shared an article on how China is the only G20 country expected to witness a positive economic growth in 2020, according to the Organisation for Economic …
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Coronavirus company news summary – Raytheon Technologies plans 15,000 job cuts across
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17 September US defence contractor Raytheon Technologies has revealed plans to implement 15,000 job cuts at its Pratt & Whitney, Collins Aerospace and corporate organisations. The decision was announced by president and CEO Greg Hayes during the company’s presentation at the Morgan Stanley Virtual 8th Annual Laguna Conference. The plan, blamed on the decline in …
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