GLOBAL ECONOMY-Pandemic slams global factories, activity sinks to new lows

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GLOBAL ECONOMY-Pandemic slams global factories, activity sinks to new lows

(Updates with Europe, market reaction, comment). By Jonathan Cable and Sam Holmes. LONDON/SYDNEY, May 4 (Reuters) – Factory activity was ravaged across the world in April, business surveys showed, and the outlook looked bleak as government …
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Global markets drop, spooked by China-US tensions over virus

BANGKOK — Shares took a turn for the worse on Monday as tensions between the Trump administration and China over the origins and handling of the coronavirus pandemic rattled investors. Benchmarks fell in most markets except for Australia, which was …
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Congress to investigate Carnival Corporation's handling of COVID-19 on its cruise ships

The U.S. House Committee on Transportation and Infrastructure announced an investigation into Carnival Corporation’s handling of the COVID-19 pandemic on Friday. In a letter to CEO Arnold Donald, the chair of the committee Oregan Democratic Rep.
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COVID-19 Detected At Meat Processing Plants In 19 US States [Infographic]

The meat and poultry processing industry is an essential part of America’s food infrastructure, employing approximately 500,000 people. Given its importance, President Trump recently signed an executive order to keep meat processing plants open …
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Uber may require drivers and passengers to wear masks in the US

Uber will reportedly require drivers and riders to wear masks or face coverings before they can use its ride-hailing service. It’ll be a requirement in several countries, including the US. According to CNN Business, which spoke to an unnamed source, Uber is …
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