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Business : Page 5

GDPR’s flaws show why EU should avoid additional rules
Eline ChivotJune 24, 2020 ET
In response to the European Commission’s two-year review of the General Data Protection Regulation (GDPR), the Center for Data Innovation released a statement from Brussels-based Senior Policy Analyst Eline Chivot.
Japan’s National Police Agency orders five new helicopters from Airbus
Japan helicoptersJune 24, 2020 ET
Japan’s National Police Agency (NPA) has ordered one new H225 and four H135 helicopters as part of its fleet modernisation programme.
Zambia's bondholders form group for debt talks
Zambia street peopleJune 24, 2020 ET
Ten of Zambia\'s international bondholders have formed a creditor group ahead of what is expected to be a complex restructuring of its debts, they said on Tuesday.
UAE’s aircraft, spaceship trade totals AED28.2 billion
UAE aircraft sectorJune 24, 2020 ET
The value of the UAE’s trade in aircraft and spaceships amounted to AED28.2 billion in 2019, reflecting its leading position in these sectors in the Gulf Cooperation Council, GCC, and the Middle East, according to the Federal Competitiveness and Statistics Authority.
India allows Nepali cargo trucks to proceed
Panitanki borderJune 24, 2020 ET
India on Monday allowed Nepali cargo trucks to proceed to the Panitanki border point in West Bengal after being stranded on the bridge over the Mechi River for six days.
EU car sales to drop 25% in 2020 due to virus
Eurozone factoryJune 24, 2020 ET
Due to the major economic crisis stemming from coronairus, the European car market will narrow 25% in 2020, the European Automobile Manufacturers’ Association (ACEA) said.
UK car sector warns 17 percent of jobs in virus danger
UK carsJune 24, 2020 ET
Britain\'s car sector could lose 17 percent of jobs or about 25,000 posts due to economic fallout from coronavirus, industry body the Society of Motor Manufacturers and Traders warned Tuesday.
WTO estimates 18.5 percent decline of trade in Q2
Global tradeJune 23, 2020 ET
The volume of global merchandise trade would shrink by around 18.5 percent year-on-year in the second quarter of this year, the World Trade Organization (WTO) said Tuesday.
India starts producing generic Remdesivir amid pandemic
CIPLAJune 23, 2020 ET
India will soon market and distribute the domestically produced Remdesivir drug for restricted emergency use for the treatment of coronavirus patients, according to statements from Indian companies.
UK detains five cruise ships over crew welfare issues
Vasco de Gama shipJune 23, 2020 ET
Five out of the six cruise ships inspected by UK Maritime and Coastguard Agency surveyors in British Ports Friday have been detained over crew welfare issues.
Turkish Stream gas flow to halt for first maintenance
Turkish StreamJune 23, 2020 ET
Natural gas flow through the both lines of the TurkStream pipeline will be temporarily halted from June 23 until June 29, for annual maintenance and routine diagnostics, the project company announced.
China completes landmark space project
China rocketJune 23, 2020 ET
China on Tuesday marked the completion of its largest indigenous space project after successfully launching its final satellite into orbit.
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