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."

On Monday, European Commission President Ursula von der Leyen and a number of world leaders are launching a massive fundraising endeavor to raise money for tests, medicines and a vaccine for the coronavirus. Only one major country is missing in the effort.

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Armenian parliamentarians from opposing parties exchanged blows amid a disagreement over the government’s economic response to the coronavirus crisis. 

Russia registered more than 10,000 new coronavirus cases for the sixth day in a row -- an indication the spread of the virus inside the country remains serious despite a stringent lockdown-- as the Communist party leader called for the release of non-violent criminals from prison .

By RNZ The cost of mandatory quarantine on both sides of the Tasman means a New Zealander living in Brisbane will not be reunited with his dying mother in Auckland.A close friend of the man - both of whom RNZ has agreed not...

As New Zealand approaches the end of its strictest lockdown period, a debate has begun about whether it was legal in the first place. This is important because people are being prosecuted for breaching the lockdown. Naturally, lawyers...

A "mass of surfers" have converged on one of Wellington's most popular surf beaches.A Wellington local, who wanted to be known only as Brendan, said he was in the area for work when he decided to stop and see what was happening...

The Warehouse is advising customers on its website deliveries could take up to two weeks to arrive.It said while it was trying to get through orders as quickly as possible, because of the high number of orders it was struggling...

COMMENT: Want to know how the PM felt about the idea of making the lockdown even tougher on the back of surveys indicating public support for such measures? Or why the Finance Minister lost the battle to open the wage subsidy...

There are two new cases of Covid-19 today, one confirmed and one probable, the Ministry of Health said in a statement.Both cases are linked to the St Margaret's Hospital & Rest Home in Auckland.The confirmed case is a household...

Covid-19 has tipped some struggling and startup businesses over already - but the real toll will emerge in the coming months. READ MORE:• Receiver says wage subsidy propping up a walking-dead army of 'zombie firms' John...

Close contacts of Covid-infected people are now being checked on every day to ensure compliance and see if they have developed any symptoms, Health Minister David Clark says.But an app to complement contact-tracing work was still...

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...

div class="element-action-button"> SIGN UP TO OUR COVID-19 NEWSLETTER. SIGN IN OR REGISTER, THEN SELECT TOP NEWS STORIES A Ministry of Health review of previously turned down requests to leave compulsory isolation early on compassionate...

Police are warning Kiwis not to flout the law after hordes took to the beach today despite the country still being at alert level 3. The day started with a "mass" of surfers converging on Wellington's Lyall Bay, and as the weather...

More revelations have been uncovered from the Government's coronavirus document dump, while new cases remain low as Cabinet prepares to decide when to move to alert level 2. Get all the important news and read the full stories in...

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...

As governments around the world battle to contain Coronavirus, the scale of economic disruption and impact on businesses cannot be underestimated. It is easy to see why some have predicted a rise in disputes work arising out of the unfolding global ...

Download logo New Cases: 13 Total Confirmed Cases: 56 Total Active Cases: 39 Total Recovered: 14...

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;...

New: 85 confirmed cases (reported from 9 Lusaka, 76 Nakonde); 3 deaths (reported from 2 Lusaka, 1...

(MENAFN - African Press Organization) COVID-19 ECOWAS Daily Update for May 8, 2020Distributed by APO Group on behalf of West African Health Orga... ......

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On a dusty plaza in a Native American village that dates back nearly a millennium, a steady trickle of vehicles inched through a pop-up coronavirus testing site.

As the outbreak of the latest coronavirus spreads across the globe, the consequences for commercial transactions are evolving. From what was initially a shorter term focus on immediate impact, all of us in business are now in the position of plannin...

1.1 Which Corona related administrative orders must be differentiated in Germany and what are their effects? The local health departments are, on a case-by-case basis, entitled to prohibit the happening of any kind of event that includes a significa...

1.1 What impact might production downtime or circumstances with similar effect have on supply contracts? Reduced production or similar measurements and resulting supply shortages can cause severe problems to distributors or intermediaries, as they ...

Introduction One of the many implications of the Coronavirus outbreak is a renewed focus on contract terms that allow suppliers early warning of customer financial difficulty. However, for suppliers of IT, English insolvency legislation prevents tho...

The escalation of the COVID-19 outbreak has resulted in many businesses being unable to perform their contractual obligations to their customers, whether by being unable to perform at all, or finding that they are having to delay performance signifi...

Year end reporting and filing accounts Year end reporting and audit As a reminder, the Financial Reporting Council (FRC) published advice to all companies and auditors in February on COVID-19 related risk disclosures in year-...

For listed and traded UK companies with a 31 December year end, the COVID-19 pandemic and the potential  for further tightening of restrictions on gatherings and travel in the UK raise particular issues as they enter into reporting and AGM seas...

Companies are facing difficult times with reporting, audits and meetings in view of the COVID-19  outbreak. In this update we take a look at the measures that have been announced this week to assist companies. Whilst we are seeing some creative...

Employment law considerations Whilst considering the health and safety recommendations implemented by the Government, the Occupational Safety and Health Act 2005 (OSHA), also establishes legal principles guiding employers and employees in dealing wi...

What sellers and buyers can do to agree on a purchase price Due to the economic turmoil that has been caused due to Covid-19 Sellers and Buyers are trying to find common grounds for the valuation of target companies ("Target"). Many Sellers are sti...

Decisions of the management body The Belgian Companies and Associations Code (hereafter “CAC”) allows for the management body to take all decisions by way of unanimous written consent of all directors except when the articles of association exclude ...

Background The ongoing coronavirus pandemic is a public health crisis which has quickly developed into a deep economic crisis. Many businesses, particularly those in the retail, leisure and hospitality sectors, are facing a complete and indefinite c...

  Discover how coronavirus is impacting AGMs for Hong Kong listed companies with this COVID-19 briefing from global law firm Eversheds Sutherland With the recent surge in the number of coronavirus disease 2019 cases in Hong Kong, this has prese...

Listed companies and recapitalisation issuances The FCA has announced a series of measures aimed to assist companies in raising additional capital in response to the Coronavirus crisis, whilst at the same time aiming to retain appropriate protection...

On 1 April 2020, the President of the Russian Federation signed Federal Law No. 98-FZ On Amendments to Certain Legislative Acts of the Russian Federation on Disaster Management and Emergency Response, which introduces a number of measures in differe...

When the economic situation deteriorates, when the financial situation becomes strained, when the granting of credit becomes more difficult, being able to provide effective collateral in order to obtain cash from lenders is more important than ever ...

Royal decree No 4 1 contains various provisions on co-ownership and companies and associations law in the context of the fight against the Covid-19 pandemic. It was published in the Belgian State Gazette on 9 April 2020. The COVID-19 Decree is, amon...

The COVID-19 pandemic and the associated "lockdown" poses completely new challenges for Swiss societies. This concerns, among other things, the numerous upcoming annual general meetings, which are usually held between April and June. According to th...

Right now M&A activity has been significantly decreased, and the projected numbers for foreign direct investment and Gross Domestic Product in many countries are concerning. However, we must remember that we have been through many crises over th...

The continued impact of the coronavirus pandemic is undoubtedly increasing uncertainty around asset valuations. With the need to bridge valuation gaps in order for parties to strike deals, this article looks at two key tools to navigate this te...

On 10 April 2020, a Government Decree was issued that prescribes the application of different company law rules as part of the government’s Economic Protection Action Plan. This adds new opportunities for corporate decision-making to mitigate ...

The Investment Association (IA) has issued guidance to UK listed companies on how to approach executive pay issues during the COVID-19 pandemic. The IA published a Full Article