'Vaccine nationalism' could lead to the coronavirus devastating public health and the economy, experts warn

Analysts have predicted that a battle for access to an effective vaccine could stretch into 2021 or 2022.

The CEO of SoftBank's troubled tech fund outlines his pandemic investment plan

Rajeev Misra, the chief executive of the colossal SoftBank Vision Fund, reveals where he's been investing during the coronavirus pandemic.

Goldman Sachs picks 20 stocks to ride Europe's push toward a greener future

The European Union's landmark plan to become climate-neutral by 2050 promises to overhaul the bloc's economy, and 20 regional companies are well placed to capitalize on these changes, according to Goldman Sachs.

Coronavirus live updates: Record single-day spike in cases; Gottlieb says 1 in 150 Americans are infected

The coronavirus has infected more than 12.29 million people around the world as of Friday, killing at least 555,486 people.

Ireland's Trinity College sees record number of applications after success of TV show 'Normal People'

Hit TV show "Normal People" appears to have helped boost the number of applications to Trinity College Dublin, where part of the series was set.

Barbados is planning to let people stay and work remotely for a year

Working from home could be about to get a major upgrade, as Barbados Prime Minister Mia Mottley has said her government is considering letting visitors stay and work remotely from the island for a year.

Dow rises 200 points on positive coronavirus treatment news, airlines gain

Stocks opened along the flatline on Friday as traders weighed positive news about a potential coronavirus treatment and another record spike in virus cases.

Already in financial meltdown, Lebanon endures blackouts of around 20 hours a day

Lebanon's electricity shortage has caused the main hospital in Beirut to close operating rooms and delay surgeries.

Turkey's Erdogan says Hagia Sophia becomes mosque after court ruling

President Tayyip Erdogan declared Istanbul's Hagia Sophia open to Muslim worship on Friday after a top court ruled that the building's conversion to a museum by modern Turkey's founding statesman was illegal.

Ireland wins euro zone's top job in blow to high-indebted nations

Paschal Donoghoe, who will start the new role on Monday, has made it clear that the euro area will have to work towards reinstating fiscal targets.

Wealthy investors' growing demand for sustainability suggests new investment trend

The world's uber wealthy are increasingly putting their money towards socially, ethically and environmentally conscious businesses, suggesting further growth ahead for sustainable investments.

TikTok disappears from Hong Kong app stores after new national security law comes into effect

TikTok, which is owned by Beijing-based ByteDance, flagged earlier this week it would be exiting Hong Kong "in light of recent events," referencing the national security law passed at the end of June.

U.S. small cap stocks are poised to outperform during the recovery, fund manager says

U.S. small cap stocks are set to outperform the S&P 500 in the uncertain aftermath of the coronavirus crisis, according to Premier Miton Fund Manager Nick Ford.

Celebrity chef Wolfgang Puck warns that 25% of small restaurants may never reopen

Celebrity chef Wolfgang Puck said President Trump needs to take control of the pandemic after a spike in cases across some states in recent days.

An adult party start-up is close to securing cash via the UK's pandemic survival scheme

Described as a "sex party company," Killing Kittens is set to raise 340,000 from a crowdfunding campaign, with half of the cash coming from the U.K. government.

Tencent in exclusive talks to buy Hong Kong gaming firm Leyou

Chinese tech giant Tencent is in exclusive talks to acquire Leyou Technologies, the Hong Kong-listed games developer announced on Friday.

Orsted inks huge renewable energy deal with semiconductor giant TSMC

Orsted is involved with some major offshore wind power projects.

Pakistan expects UAE remittances to be slashed as pandemic hits migrant workers

20% of the UAE's majority-expat population is Pakistani, and in a typical year the South Asian nation receives $4.6 billion in remittances from the UAE alone.

iPhone users can now get a first look at the biggest changes coming to their phones this fall

Apple's iOS 14 public beta enables users who want to see what changes Apple has made this year and access new features, such as a redesigned home screen with automatically updating widgets, automatically organizing apps, and a new Siri interface.

Vietnam has zero coronavirus deaths. Here's why.

Vietnam is one of only a handful of countries to have reported no fatalities from the coronavirus pandemic. Timothyna Duncan reports on how the country, which shares a porous land border with China, defied the odds.

IEA raises 2020 oil demand forecast but warns Covid-19 clouds outlook

The IEA bumped up its 2020 oil demand forecast on Friday but warned that the spread of COVID-19 posed a risk to the outlook.

Outbreak of dengue fever in Southeast Asia is 'exploding' amid the coronavirus fight

With health-care systems in countries already under strain as a result of the coronavirus pandemic, Southeast Asian nations are grappling with yet another infectious disease outbreak: dengue fever.

Hong Kong to suspend all schools due to spike in coronavirus cases

Schools in the Asian financial hub have been mostly shut since February with many having switched to online learning and lessons by conference call. Many international schools are already on summer break.

Luxury brands turn from Hong Kong to mainland Chinese consumers still eager to shop

Luxury brands are turning to mainland China from Hong Kong ? even shutting stores in the city ? as companies try to recoup lost tourism spending and take advantage of new supportive policies from Beijing.

Seoul mayor found dead after leaving message 'like a will'

Many residents of Seoul, a city of nearly 10 million people, expressed shock over the sudden death of the former activist, women's rights advocate and lawyer who many saw as a potential presidential candidate in 2022.

U.S. sanctions Chinese officials for human rights abuses in Xinjiang

The Trump administration has likened China's mass detention of more than 1 million Muslim Uighurs in Xinjiang to the worst human rights abuses since the Holocaust, NBC News reports.

North Korean leader's sister says another summit with the U.S. is unlikely

Kim Yo Jong, the sister of North Korea's leader, said another summit with the United States would only be useful for Washington at this point

A 'financial war' with China could be brewing on top of the trade war

U.S. regulators have long sought more transparency from Chinese companies with shares trading on U.S. exchanges.

Top Chinese diplomats give conciliatory signals while demanding respect from the U.S.

China's top two foreign ministers kept to a conciliatory tone this week in public remarks about relations with the U.S., amid increasingly fraught tensions between the world's two largest economies.

The Chinese yuan is still far from becoming a 'safe-haven' alternative to the U.S. dollar, Citi says

Don't expect the Chinese yuan to become a "safe-haven" alternative to the dollar or U.S. Treasurys anytime soon, says Ebrahim Rahbari of Citi.


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