Business as usual for UAE Cabinet despite pandemic, says Sheikh Mohammed Bin Rashid

Abu Dhabi: The UAE Cabinet on Monday approved a general plan and agile package of 33 initiatives to support economic sector and stimulate business activity until 2021. The new economic stimulus package was approved during the first Cabinet meeting held in person at the Presidential Palace after a series of virtual meetings since March due […]

Microsoft to keep exploring TikTok deal after talks with Trump

Washington: Microsoft announced Sunday it would continue talks to acquire the US operations of popular video-sharing app TikTok, after meeting with President Donald Trump who seemingly backed off his earlier threats to ban the Chinese-owned platform. “Following a conversation between Microsoft CEO Satya Nadella and President Donald J Trump, Microsoft is prepared to continue discussions […]

Russia to deliver COVID-19 drug to South Africa, Latin American countries: Wealth fund

MOSCOW: Russia has signed deals to supply South Africa and seven Latin American countries with an anti-viral drug Russian authorities have approved to treat COVID-19, its sovereign wealth fund said on Monday. The Russian Direct Investment Fund (RDIF) said that at least 150,000 packs of the drug, known as Avifavir, would be sent to Argentina, Bolivia, […]

Samsung plots India comeback as anti-China wave surges

NEW DELHI/SEOUL: Samsung Electronics Co Ltd is forging a comeback in India’s smartphone market with a new range of budget devices and a ramped-up online presence, aiming to recoup ground ceded to Chinese rivals such as Xiaomi Corp. Samsung, the only major non-Chinese player in the country, has already begun to gain ground, and a […]

India: COVID-19 lockdown reveals financial, job fault lines in Kerala

Thiruvananthapuram: Kerala’s remittance-driven economy that has taken a severe beating since the coronavirus outbreak is now showing fault lines on both the jobs and financial fronts. One shocking visual from Chellanam panchayat near Thoppumpady in the state’s financial capital Kochi, showed villagers engaged in a tussle to grab food kits that were being distributed in […]

Manufactured antibodies: Next big COVID-19 treatment

As the world awaits a COVID-19 vaccine, the next big advance in battling the pandemic could come from a class of biotech therapies widely used against cancer and other disorders – antibodies designed specifically to attack this new virus. Development of monoclonal antibodies to target the virus has been endorsed by leading scientists. Anthony Fauci, […]