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COVID-19 Remedy?: High Hopes for Remdesivir in the Coronavirus Fight

When the coronavirus pandemic began, the pharmaceutical company Gilead pulled remdesivir out of its storeroom. The drug, which had proved to be ineffective against other illnesses, could have a future in the battle against COVID-19. But it's likely not a "game changer."




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Can the World Health Organization Meet the Challenge of the Pandemic?

The World Health Organization is the most important authority in the global battle against the coronavirus. But doubts about the WHO’s leadership are growing, and not just in Washington. Is Director General Tedros up to the task?




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R&D-to-Sales Ratio of Most Korean Petrochem Companies Below 1%

Despite the record-high results, the R&D investment level of the nation's petrochemical industry is still miserably low. According to industry sources on August 28, the amount of R&D investment of Lotte Chemical, which achieved a record-high sales revenue of 7,849.4 billion won in the first half, fell short of 44.5 billion won. This is only 0.57 percent of the total sales. Even last year when the company posted the highest operating profit (2,547.8 billion won) among all petrochemical...




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SK E&C Wins $210 Mil. Petrochem Plant Project in Thailand by Outbidding Japanese Consortium

SK Engineering & Construction has won a large-scale petrochemical plant project in Thailand. The company said on August 29 that it clinched a deal worth US$210 million to build polyol plant within the Hemaraj industrial zone in Thailand's Rayong. This followed news that the company signed a $1.6-billion project to modernize an oil refinery in Iran earlier this month. The plant, located 150 kilometers southeast of Thailand's capital Bangkok, is commissioned jointly by PTT Global Chemical, ...




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Hanwha Chemical an Unexpected Beneficiary of Coal Price Hike

As international coal prices are on the rise, Hanwha Chemical's prospect is getting brighter. That's because the Korean company uses naphtha to produce polyvinyl chloride (PVC) while its rivals in China are largely based on coal, which will make it more price competitive vis-a-vis the Chinese chemical producers. According to Korea Resources Corp. and chemical industry sources on September 10, the freight-on-board (FOB) price of bituminous coal out of the Chinese port of Qinhuangdao was US$95....




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LG International Kicks off Cement Production in Myanmar

LG International Corp., Korea's leading general trading company, is set to kick off the operation of a cement factory in Myanmar for which it has invested for two years. This is part of the company's strategy to preempt the rapidly growing Myanmar market by becoming the first general trading firm to build a cement plant in the Southeast Asian nation. According to industry sources on September 11, LG International is currently making a pilot run of the cement plant in the erstwhile reclusive c...




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Youth Unemployment Rate Hits Record-low in 18 Years

The youth unemployment rate has hit a record-high level in August since the Asian financial crisis. As for the number of net job increase, it fell to a low of 54 months. Even though the government is doing everything it can to create jobs, jobs-related figures won't budge. According to a report "August 2017 Employment Trend" published by the National Statistical Office on September 13, the jobless ratio of those aged between 15 and 29 was 9.4 percent, up 0.1 percentage point from a year ago. ...




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Petrochem Industry to Invest 10 Tril. Won in Daesan Industrial Complex

The Daesan petrochemical industrial zone in Seosan, South Chungcheong Province, will transform into an advanced chemical industrial complex. The nation's major petrochemical companies may invest up to 10 trillion won in this area. On September 14, S-Oil, Lotte Chemical, Hanwha Total, South Chungcheong provincial government, and Seosan city gathered in Lotte World Tower and signed a memorandum to create a Daesan specialized industrial complex. Currently the area is home to large petrochemical ...




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Semiconductor and Display Industries Set to Invest 52 Tril. Won by 2024

Chief executives of the nation's leading companies like Samsung Electronics, SK Hynix, and LG Display have made a request to the government to relieve the problem of labor shortage in the area of semiconductor and display. Kwon Oh-hyun, vice chairman of Samsung Electronics, said on September 18 in a discussion session held in Kensington Hotel in Seoul's Yoido presided over by Minister of Trade, Industry, and Energy Baek Woon-gyu, "Skilled workers are in short supply in fast-growing industries...






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Diamondback Energy: Quality Guidance From Management





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The Reform of GEM

Earlier this year, the Stock Exchange of Hong Kong (the “Stock Exchange”) published a consultation paper on The Review of the Growth Enterprise Market (GEM) and Changes to the GEM and Main Board Listing Rules1 (the "Consultation Paper") ...




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New listing regime for emerging and innovative companies

The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) is conducting further public consultation on the listing of companies from emerging and innovative sectors.  The consultation paper published on 23 February 2018 (the &l...




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Keeping the present for a little longer: the impact of the Brexit Withdrawal Agreement on financial institutions

On 19 March 2018, a draft Agreement on the withdrawal of the UK from the EU was published. The Agreement’s objective is to set out the arrangements for the withdrawal of the UK from the EU. Amongst these arrangements are the transitional provi...




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HR e-briefing 200 - Tax incentives for employer-supported children

With increasing numbers of working parents comes a sharper focus on employer support for childcare arrangements.  On 6 April 2005, the Government is to introduce new tax incentives in relation to childcare arrangements which are intended t...




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HR e-briefing 209 - Maternity pay: removal of need for male comparator may bring flood of claims

After nine years pursuing her claim against her employer, Michelle Alabaster walked away with an award of just £204.53.  However, the impact of the decisions of the ECJ, and now the Court of Appeal in the maternity pay case of Ala...




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Employee share incentives

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Age discrimination: impact on employee share schemes

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HR e-briefing 257 - Computers provided to employees: abolition of relief confirmed - so what now?

Employers, the leasing industry, professional advisers and many government departments including the DTI, were taken by surprise when withdrawal of the tax relief on computers supplied to employees was announced in the recent Budget. Numerous re...




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E-brief 310 - 'I don't like Mondays' – a part-time worker's entitlement to bank holidays

In a somewhat timely judgment, bearing in mind the May bank holidays, the Court of Session (the Scottish Court of Appeal) has clarified that it is not necessarily unlawful for an employer to not provide alternative leave days for part-time workers w...




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Abolition of taper relief - effect on employees in listed companies

The Chancellor has announced some important changes to the capital gains tax (CGT) regime. These changes may have a significant impact on the tax payable by your employees holding shares in your company traded on the full list. Abolition of taper r...




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Enterprise Management Incentives

Good and bad news Yesterday, Chancellor Alistair Darling announced some changes to the Enterprise Management Incentive (EMI) legislation, which will impact on those companies operating EMI and those proposing to do so. The good news Under the cu...




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Protection of employees (Temporary Agency Work) Bill 2011

Introduction The Protection of Employees (Temporary Agency Work) Bill 2011 (“the Bill”) was published on Friday 16 December 2011. The Bill is intended to give effect to an EU Directive (Directive 2008/104/EC) on...




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Belarus To Hold Presidential Election In August Despite Pandemic

Belarus has announced that the next presidential election will be held on August 9 as the country’s authoritarian President Alyaksandr Lukashenka sought to play down the risks of the coronavirus pandemic.




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Congressmen Raise Questions About Taliban's Commitment To February Agreement

The top members of the U.S. House Foreign Affairs Committee say an increase in violence in Afghanistan has raised questions about the Taliban’s commitment to an agreement it signed with the United States in February.





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2 Great Dividend Deals I Just Made For My Retirement Portfolio




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Covid 19 coronavirus: Father of Kiwi in LA unable to get quarantine exemption dies

SIGN UP TO OUR COVID-19 NEWSLETTER.SIGN IN OR REGISTER, THEN SELECT TOP NEWS STORIES The father of a New Zealand woman living in Los Angeles seeking a quarantine exemption so she could see him again has died.Rachel Henderson...




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Covid 19 coronavirus: Police worry there will be mayhem on the streets at alert level 2

Police fear bars will be "swamped" when the country finally drops to level 2.On Monday, Prime Minister Jacinda Ardern will reveal when New Zealand will drop a level in its Covid-19 warning system – with the move potentially coming...




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Affaire Hamdi Nagguez - La demande de lib�ration rejet�e

L'international tunisien Hamdi Nagguez ne sera pas lib�r� cette semaine. Le tribunal de premi�re instance de Sousse a rejet� la demande formul�e par les avocats du joueur pour le lib�rer. ......




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Alg�rie: A�roport d'Alger - Le projet de renforcement de la piste principale r�ceptionn�e d'ici fin juillet

Alger -Le ministre des Travaux publics et des...




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Vers le retour du confinement

La nouvelle sur la recrudescence des cas de contamination de Covid-19 a mis l'opinion en �moi et elle a m�me provoqu� des remous au plus haut sommet de l'Etat. ......




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Coronavirus: African Union Member States reporting COVID-19 cases As of 9 May 2020, 9 am ...

Member States (53) reporting COVID-19 cases (57,746) deaths (2,151), and recoveries (19,351) by region: Central (5,165 cases; 202 deaths; 1,580 recoveries): Burundi (19; 1; 7), Cameroon (2,265; 108; 1,221), Central African Republic (143; 0; 12), Chad (260; 27; 50), Congo (274; 10;...




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KZN tavern torched near where human remains were found

An arson case is being investigated after a tavern was torched in Hambanathi, Tongaat, outside Durban, following the discovery of human remains in the nearby Wewe River, KwaZulu-Natal police say. ......




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Coronavirus - Africa: Commemorating Smallpox Eradication a legacy of hope, for COVID-19 and other�diseases

(MENAFN - EIN Presswire) Coronavirus - Africa: Commemorating Smallpox Eradication � a legacy of hope, for COVID-19 and other�diseases [To enable links... ......




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Coronavirus - Africa: Commemorating Smallpox Eradication a legacy of hope, for COVID- 19 and other diseases

(MENAFN - African Press Organization) [To enable links in your articles, contact MENAFN Click here ] [To enable links in your articles, contact MEN... ......




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Polar vortex brings rare May snow, low temps to US East

Mother's Day weekend got off to an unseasonably snowy start in the northeast Saturday thanks to the polar vortex.




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Married couple, 85 and 86, die in Delaware cemetery shooting

A married couple from Maryland ages 85 and 86 were the victims of a deadly shooting at a veterans cemetery in Delaware.




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Deadline UBO registration approaching – 30 September 2019

Following the European and Belgian legislation on anti-money laundering, all Belgian enterprises that are not natural persons (companies, non-profit organisations, trusts, fiducies and similar entities) are obliged to register their ultimate benefic...




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EBA Guidelines on ICT and Security Risk Management – Impact on Outsourcing Arrangements

Overview On 28 November 2019, the European Banking Authority (“EBA”) published its final guidelines[1] on information and communication technology (“ICT”) and security risk management (EBA/GL/2019/04) (the “Guidelines&r...




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Food Sector to face European cartel enforcement in 2014

The director of cartels in the EU’s antitrust department, Eric Van Ginderachter, stated last week that the food sector in Europe will see increased cartel enforcement activity in 2014 by the European antitrust regulator, the European Commission (“Co...




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UK Pensions speedbrief - Pensions Regulator publishes details of first enforcement action for auto-enrolment non-compliance

Pensions Regulator publishes details of first enforcement action for auto-enrolment non-compliance The Pensions Regulator has published its first section 89 report relating to breaches of the aut...




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The World Cup, Le Tour de France and the Commonwealth Games: Tempting times for ambush marketing

During major sporting events, certain brands will actively pursue an “ambush marketing” strategy meaning that they will deliberately seek to associate their products with an event, despite not being one of the official sponsors. However,...




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Energy Saving Opportunity Scheme: A new mandatory energy assessment scheme for large undertakings

What is the Energy Saving Opportunities Scheme ("ESOS")? ESOS is the UK Government’s implementation of a particular requirement of the Energy Efficiency Directive regarding energy audits.  It requires energy assessments (including the ide...




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Amendments to food labelling regulations: More information requirements for labels and new methods of presentation

Starting 13 December 2014, businesses will be required to comply with the great majority of the rules set forth in the EU’s Food Information Regulation (1169/2011). The Regulation went into force on 12 December 2011 but provided for a long, 3-...




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Cooperation agreements between French large retailers to be reviewed by the French Competition Authority

The French Competition Authority (FCA) is entitled to give advisory opinions on any competition matter, in particular for the attention  of the French Government and the Parliament. The FCA has been recently asked to give its opinion on coopera...




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Cyber liability: how can businesses protect themselves against underestimated cyber risks?

Cyber risk is the risk of financial loss, disruption, or damage to reputation as a result of  breaches of data security, including unauthorised disclosure of data, and compromise or failures of IT systems.  Specific examples include: ...




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Employment Tribunal fees likely to be reduced in Scotland

The Smith Commission has today revealed that control of Employment Tribunals in Scotland is to be devolved to the Scottish Parliament.  The move will mean Scotland will be able to decide the level at which fees are set for claims made in Scotla...