COVID-19 counter: UAE businesses are out to save their cash

Dubai: Preserve cash at all costs – that’s the only priority for UAE businesses as they wait for commercial activity to resume. Even sending their staff on paid annual leaves is a way of cost saving for them. “More businesses are “forcing” their staff to use up all their accumulated leave rather than allow any […]

Japan pins virus hopes on flu, Ebola drug

Tokyo: Hopes that an antiviral drug developed to treat influenza and used to treat Ebola can be used to treat the coronavirus is boosting shares in Japan’s Fujifilm Holdings Corp. to a record. The Japanese government signaled its support for the drug Avigan, including stockpiling enough doses for 2 million people in an economic stimulus […]