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The U.S. Food and Drug Administration granted the approval under its Emergency Use Authorization.
Malaysia's Karex Bhd makes one in every five condoms globally. It has not produced a single condom from its three Malaysian factories for more than a week due to a lockdown imposed by the government to halt the spread of the virus.
Of those ventilators, 10,000 have been ordered by the U.K. government.
Japan’s Nikkei 225 surged 8 per cent and other world markets also jumped Wednesday after U.S. Congress and the White House reached a deal to inject nearly $2 trillion of aid into an economy ravaged by the coronavirus.
Global stock markets and U.S. futures surged Tuesday after the Federal Reserve promised support to the struggling economy as Congress delayed action on a $2 trillion coronavirus aid package.
Markets reopened after the weekend to an altered business landscape as lockdowns and closures intended to halt the spread of the new coronavirus expanded to include many cities around the world and the number of people infected surged past 300,000.
Emirates, one of the world's biggest long-haul airlines, said on Sunday it would stop nearly all passenger flights this week and cut staff wages by as much as half because of the coronavirus impact on travel demand.
After starting the day stronger, markets dropped to end the week down by double digits compared to last week.
Air Canada is laying off more than 5,100 flight attendants and suspending most of its routes abroad by the end of the month.
Canadians have been told to return home as soon as possible — but many are having trouble.
Shares rebounded in Europe and Asia on Tuesday after a brutal sell-off that gave the U.S. stock market its worst loss in over 30 years, with many economies grinding to a standstill in hopes of containing the spread of the coronavirus.
Amazon said the raise in wages would be equivalent to $2/hr, depending on what region the workers were in across Canada, the U.S. and Europe.
Asian stock markets and U.S. futures fell Monday after the Federal Reserve slashed its key interest rate to shore up economic growth in the face of mounting global anti-virus controls that are shutting down business and travel.
The U.S. Fed cut rates to a target range of 0 per cent to 0.25 per cent and said it would expand its balance sheet by at least US$700 billion in coming weeks.
Company CEO Tim Cook said workers will continue to be paid and office staff will work remotely if possible.
Princess Cruises, the operator of two coronavirus-stricken ships, said on Thursday it would suspend global operations of its 18 cruise ships for two months
Countries are shifting into damage-control as infections spread, prompting sweeping controls on travel, closures of schools and cancellations or postponements of sports events and many other public activities.
New cancellation policies are now being offered by major players in the cruise industry, including Carnival, Disney, Royal Caribbean and Norwegian cruise lines.
The company has already started compensating drivers in some markets and is planning to implement the same benefits for drivers and delivery people worldwide, it said in a statement.
The legislation is expected to be approved later on Saturday, the head of the civil protection agency said earlier, after the number of coronavirus infections jumped by more than 1,200 in the past 24 hours.
United said Wednesday that starting in April it will reduce passenger-carrying capacity 20 per cent on international routes and 10 per cent in the U.S.
Since December 2019, there have been 94,000 cases of the infection and 3,200 deaths. The large majority of them have been in China.
A judge turned down Tuesday a motion by Air Canada, Porter Airlines Inc. and 14 other carriers to freeze the traveller protections while the appeal is being dealt with.
Thousands of Uighurs were sent to work in factories across China -- “under conditions that strongly suggest forced labour.”
The regions under the travel advisory include popular tourist destinations such as Venice, Milan and Turin.