Honda sees 68% drop in annual profit as coronavirus slams car sales

TOKYO: Japan’s Honda Motor Co on Wednesday forecast a 68% fall in annual operating profit to a 10-year low with global demand for cars expected to slide due to the coronavirus pandemic. The country’s No. 3 automaker expects profit to sink to 200 billion yen ($1.89 billion) in the year to end-March 2021, its weakest […]

Dubai Airport Free Zone minimises COVID-19 impact in first-half 2020

Dubai: China and India accounted for the highest volumes from Dubai Airport Free Zone Authority in the first six months of 2020, at Dh7.7 billion and Dh6.1 billion, respectively. These made up 21 and 16.6 per cent of DAFZA’s overall volumes during this period. Switzerland was placed third with a 14 per cent share at […]

State attorneys general urge US government to increase supply, lower price of remdesivir

A bipartisan coalition of attorneys general on Tuesday urged the U.S. government to use its legal authority to increase the availability and lower the price of Gilead Sciences’ COVID-19 treatment, remdesivir. Know the 5 leading coronavirus candidate vaccines: Who’s doing what 3 leading COVID-19 vaccines from India Thai scientists begin COVID-19 vaccine trials on monkeys […]