Initially, grants will be prioritised for colleagues who are neither working nor stand eligible for government assistance
Futures in New York traded at around $1 a barrel after sinking to as low as minus $40.32 during Monday’s collapse
Computing and connectivity are advancing by leaps and bounds, and will soon pave the way to a digital world in which all things are connected
Futures in New York fell 16 per cent to around $15 a barrel after losing almost a fifth of their value last week
In the aftermath of the Covid-19 pandemic, PepsiCo and its foundation are focused on providing financial assistance, medical equipment and meals as well as supporting local health authorities’ efforts across the region
The government will pay the salaries from April to June of approximately 100,000 citizens employed in the private sector
The two-week period is subject to extension
The committee of scholars at Cairo’s al-Azhar university added that people should still fast as the ritual had no link to coronavirus
Accor confirmed that it currently has more than $2.7bn in cash on hand and an undrawn revolving credit facility of $1.3bn
The multi-billion dollar Italian company manufactures high-end fitness equipment which deliver nifty tech solutions to your everyday workout
Companies can post mission-critical jobs for free on the platform from April 1 to June 30
While the Covid-19 outbreak has created pandemonium globally, some business segments from education and entertainment to telemedicine and telecommunications now have a bigger role to play than ever before
Oil demand in the second quarter is expected to decline by 16.4 million barrels a day compared with the same period last year
Saudi air forces also intercepted another missile launched towards the city of Jazan
A closer look at the ripple effects of plunging oil prices and a weak demand for the commodity, as well as predictions on how the industry will cope in the near- to long-term
Demand is down about 15 million to 20 million barrels a day and will shrink further with India’s decision to go into lockdown
A chronograph makes its way into Jaquet Droz’s Grande Seconde collection for the very first time
The volume of infrastructure deals has increased to $73bn so far this year, more than the $68bn of transactions announced during the first quarter in 2019
Income losses for workers are estimated between $860bn and $3.4 trillion by the end of 2020
The move follows a similar announcement by the US Federal Reserve
The measures will be in force until March 31 and will be reviewed subsequently
There will be a four-day grace period for Lebanese citizens to return from the countries on the list before the ban comes into effect
Saudi also extended travel bans to 14 countries, including UAE, Oman and European nations
Goldman Sachs warns that prices could drop to near $20 a barrel
The acquisition would increase OMV’s holding in Borealis to 75 per cent, while Mubadala would maintain a 25 per cent stake
Sea- and air-borne trade will continue as long as personnel and goods involved have the necessary paperwork from their originating countries
West Texas Intermediate futures for April delivery fell 40 cents to settle at $46.78 a barrel on the New York Mercantile Exchange
GKSD Investment Holding SA approached Abu Dhabi’s Mubadala Investment Co. about becoming an equity partner
The shipment included gloves, surgical masks and laboratory diagnostic kits
The other coronavirus patient travelled from Italy