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Augsburg-based textile manufacturer Manomama has so far managed to get through the coronavirus pandemic without state aid and short-time working.
Pandemic profit hikes mean more regulatory scrutiny for Big Tech Cornelia Meyer Short Url https://arab.news/2mp7j The old saying that it is possible to have too much of a good thing often proves to be an adage rooted in reality — as Big Tech in China and the US are discovering, or are about to. Major technology companies on both sides of the Pacific are among the biggest beneficiaries of the coronavirus (COVID-19) pandemic. Revenues and profits have soared because they could offer the world exactly what it needed during this time of social distancing and lockdowns, when the ways in which we...
Wednesday’s meeting of the Joint Ministerial Monitoring Committee (JMMC) of OPEC+, an alliance of OPEC members and 10 other friendly oil-producing nations, was unusually short and unusually sweet. The upbeat sentiment reflected optimism about the rollout of COVID-19 vaccines in developed countries and the fact that additional vaccines, such as CureVac and Russia’s Sputnik V,
OPEC+ JMMC compliance may be good, but markets only held because of Saudi cuts Cornelia Meyer Short Url https://arab.news/6ghhp It is that time of the month: OPEC+ (an alliance between OPEC and 10 nations led by Russia) is set to hold its monthly Joint Ministerial Monitoring Committee (JMMC) meeting where ministers led by Saudi Energy Minister Prince Abdul Aziz bin Salman and Russia’s Deputy Prime Minister Alexander Novak monitor compliance with the organization’s production regime. The outcome is expected to be positive — a compliance of about 99 percent for the group — or thereabout...
Why vaccine nationalism is a death sentence for millions Cornelia Meyer January 30, 2021 22:34 A Moroccan nurse administers the Oxford AstraZeneca COVID-19 vaccine to a health worker, on the second day of the vaccination campaign, at Cheikh Khalifa Hospital in Casablanca, Morocco, Saturday, Jan. 30, 2021. (AP) Short Url https://arab.news/jsu5r At their virtual summit last year, G20 leaders promoted global cooperation in fighting the coronavirus, with particular emphasis on how Gavi, the Vaccine Alliance, would support poorer countries in gaining access to vaccines. The Ottawa Group, 13 Worl...