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Best of BS Opinion: Checking fake news, coronavirus crisis, and more

Here's a selection of Business Standard Opinion pieces for the day




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Best of BS Opinion: Unify the labour market, coronavirus outbreak, and more

Here's a selection of Business Standard Opinion pieces for the day




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Best of BS Opinion: Coronavirus complexity, structural reforms, and more

Here's a selection of Business Standard Opinion pieces for the day




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Best of BS Opinion: Global financial system, coronavirus outbreak, and more

Here's a selection of Business Standard opinion pieces for the day




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Best of BS Opinion: Coronavirus outbreak, oil market collapse, and more

Here's a selection of Business Standard opinion pieces of the day




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Best of BS Opinion: Coronavirus outbreak, India's labour market, and more

Here's a selection of Business Standard opinion pieces of the day




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Coronavirus: Rishi Sunak announces three month mortgage payment 'holiday'

Rishi Sunak today announced any homeowner who is adversely affected by coronavirus will be eligible for a three month mortgage payment 'holiday'.




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Pay tenants' rent! Calls for those with coronavirus symptoms to have their rent paid

The Government paying rents may be the only way to keep some tenants in their homes amid the coronavirus outbreak.




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House builder says cancer patient MUST buy their home or face losing deposit despite coronavirus.

Craig Aynsley, 46 from Northumberland, has been unable to work for five years after two separate battles with cancer - but thought his life had turned a corner last year after finding his dream home.




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Places to live where you're most likely to have a private garden during coronavirus lockdown

A private garden has become a highly desirable feature during the coronavirus breakdown, with homes in Barnsley, Doncaster and Burnley most likely to have a one, according to research.




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Coronavirus UK: 'Greedy' holiday home owners claim £50m bailout

Five thousand lets have claimed £10,000 each from the fund in Cornwall (pictured, St Ives), which was set up to help minor firms survive the coronavirus lockdown.




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External Affairs Minister meets Denis Ronaldo Moncada Colindres, Foreign Minister of the Republic of Nicaragua in New Delhi[ph]Photo Courtesy : Photo Division[/ph]





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Tony Hazell: Why I WON'T sell in the coronavirus panic

It's been a sobering week for investors. As someone who has been investing for more than 30 years, I have drawn on all my experience to sit on my hands and do very little.




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ASK TONY: Husband's birthday Beatles treat fell victim to coronavirus

For my husband's 50th birthday I booked an apartment in Liverpool via Booking.com. He wanted to see all The Beatles memorabilia and we had tickets to see the tribute band.




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Novel coronavirus fear now spreads to the start-up ecosystem in India

Around half a dozen Chinese venture capital firms with active presence in India have postponed their trips to the subcontinent




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Indian start-up's remote technology helps Wuhan hospitals fight Coronavirus

BlinkIN, a Bengaluru-based intelligent visual-assistance firm helped service engineers from Germany remotely install air ventilation systems in two hospitals in Wuhan




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Start-ups come up with tech-driven solutions to track coronavirus patients

Healthcare company Portea has developed a chatbot called Cobot-19 which will disseminate information related to coronavirus




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Travel start-ups hit a bumpy road amid restrictions due to coronavirus

They were riding on the promise of steady double-digit growth, but with travel restrictions and cancellations, their problems are mounting




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With health dept in quarantine, MP struggles to tackle coronavirus pandemic

After Kumar and Govil were tested positive, the government's first response was to downplay the news




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Coronavirus lockdown: Congress calls for financial package of 5-6% of GDP

The opposition party also demanded that the Centre pays all pending dues to states to enable them to fight the outbreak, besides giving each of them special packages.




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National lockdown just 'pause button' against coronavirus: Rahul Gandhi

Addressing a press conference via video conference, Gandhi also said the entire country has to fight the crisis "unitedly"




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CM Mamata, Governor Dhankar trade barbs in Bengal amid coronavirus crisis

Banerjees allegation drew a sharp reaction from Dhankhar, who said, a state cannot be governed as a personal fiefdom and a constitutional functionary cannot be allowed to turn into a law unto oneself




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Upcoming Maharashtra local body polls postponed amid coronavirus scare

The election commission also stayed the poll-related process




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Coronavirus Update: U.S. Weighs Oil Aid, Netflix Subscriptions Surge

As a $484 billion aid package for small businesses moves to the House, the administration weighs helping oil companies; Wisconsin’s Republicans sue over the stay-at-home order; Netflix posts breakneck subscriber growth. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Mark Felix/AFP




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Coronavirus Update: Covid-19 Treatment Hopes, Aerospace Survival Plans

Regulators weigh greenlighting the emergency use of a Gilead drug, Boeing and Airbus plan to cut thousands of jobs, and Elon Musk rails against lockdown measures. WSJ’s Shelby Holliday has the latest on the pandemic. Photo: Associated Press




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Opinion: The Rebellion Against the Coronavirus Lockdown

Main Street: Ordinary Americans protesting to reopen the economy face only contempt from elites. Images: AFP/Getty Composite: Mark Kelly




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Opinion: Congress Creates a Coronavirus Spending Mess

Potomac Watch: Congress has found its own neat and plausible answer to the Covid-19 pandemic: spend, spend some more. Thankfully, a few elected leaders are starting to realize it’s wrong. Image: Win McNamee/Getty Images




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Opinion: 1975 'Jaws' Trailer Resonates in Coronavirus Era

Watch the 1975 trailer for "Jaws," in which a deadly threat forces reluctant politicians to order a shutdown of the economy. Image: Universal Pictures via Everett Collection




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Coronavirus death toll surpasses 24,000 in US

The coronavirus outbreak has killed more than 24,000 people in the United States, the highest number of fatalities in any country, data from the Johns Hopkins University showed on Tuesday.As of 1.20 pm EDT (5.20 pm GMT), fatalities in the US reached 24,485, according to the university's Coronavirus Resource Center.At least 584,073 coronavirus cases have been confirmed in the US, the largest number of infections among all countries.




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Global coronavirus cases surpass 1.8 mn: WHO

The number of people infected with the new coronavirus worldwide has surpassed 1.8 million with 71,779 cases verified over the past 24 hours, the World Health Organization (WHO) said on Tuesday.According to the update, the global count of confirmed COVID-19 cases has reached 1,844,863, with the majority of them concentrated in Europe (943,272) and the Americas (644,986).The death toll has grown by 5,369 cases over the past day to a total of 117,021 fatalities, the report read.




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Rio de Janeiro governor tests positive for coronavirus

Wilson Witzel, the governor of the Brazilian state of Rio de Janeiro, has been tested positive for coronavirus."On Friday, I began feeling ill and asked for a coronavirus test. Today the result came and it turned out to be positive," Witzel said in a video message posted on his Twitter page on Tuesday evening.The governor said that he had several symptoms of the disease, including fever, sore throat, and fatigue, Sputnik reported."Right now, I feel better and I will continue to work while in self-isolation, following the recommendations of doctors," Witzel further said.Brazil has reported 24,000 cases of coronavirus since the outbreak of the disease.Several political figures, including presidential communications secretary Fabio Wajngarten, have tested positive for the disease during the ongoing outbreak.




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Coronavirus cases in US surpass 600,000; death toll at 25,575

The number of coronavirus cases in the United States has topped 600,000, according to data from Johns Hopkins University. The death toll has surpassed 25,000.While the number of cases stands at 602,989, a total of 25,575 people have died from the deadly virus in the country, reported Sputnik citing Johns Hopkins University.A total of 46,515 people have recovered as per the university's data.




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China Stocks fall after poor coronavirus drug trial results

Risk sentiment deteriorated after a news report, citing inadvertently released results, said the closely watched antiviral drug remdesivir had had no effect on patients in its first randomised clinical test.




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Hong Kong Market slips on doubts over coronavirus drug

Risk sentiment deteriorated after a news report, citing inadvertently released results, said the closely watched antiviral drug remdesivir had had no effect on patients in its first randomised clinical test.




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US Stocks gain on easing of coronavirus lockdowns

A partial reopening of the economy in Alaska, Georgia, South Carolina, Tennessee, Texas and others boosted investor sentiments. New York Gov. Andrew Cuomo said the state will likely begin to reopen the economy in certain areas with certain precautions after May 15. Treasury Secretary Steven Mnuchin said he expected the U.S. economy to bounce back in the months after June, once the lockdowns are dismantled.




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US Stocks surge on signs of progress in coronavirus treatment

Wall Street stocks opened higher amid reaction to developments regarding the use of Gilead Sciences' antiviral drug remdesivir as a potential new treatment for Covid-19 patients. Gilead Sciences said on Wednesday that preliminary results of a coronavirus drug trial showed at least 50% of patients treated with a five-day dosage of remdesivir improved and more than half were discharged from the hospital within two weeks. Later Wednesday, White House health advisor Dr. Anthony Fauci said NIAID's remdesivir drug trial, which enrolled about 800 patients, showed quite good news and that the drug would set a new standard of care for Covid-19 patients.




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Australia Market surges on coronavirus treatment hopes

Investor sentiment around the world was brightened by Gilead Sciences Inc.'s announcement that preliminary results of a coronavirus drug trial showed at least 50% of patients treated with a five-day dosage of remdesivir improved and more than half were discharged from the hospital within two weeks. Later Wednesday, White House health advisor Dr. Anthony Fauci said NIAID's remdesivir drug trial, which enrolled about 800 patients, showed quite good news and that the drug would set a new standard of care for Covid-19 patients. Globally, the coronavirus pandemic has infected more than 3.1 million and taken at least 226,771 lives, according to data compiled by John Hopkins University.




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Japan Stocks end mostly lower amid continued coronavirus concern

Total 21 issues of 33 industry category of Topix index were in negative territory, with Air Transportation, Insurance, Land Transportation, Iron & Steel, Nonferrous Metals, and Oil & Coal Products issues being notable losers, while Other Products, Electric Appliances, Metal Products, Construction, and Pharmaceutical issues were notable gainers.




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Japan Stocks surge on easing coronavirus pandemic fears

Total 32 issues of 33 industry category of Topix index were in positive territory, with Iron & Steel, Nonferrous Metals, Marine Transportation, Land Transportation, Wholesale Trade, Real Estate, and Securities & Commodities Futures issues being notable gainers.




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Australia Market rises on ending coronavirus restrictions hopes

The Australian share market got a boost on hopes for an economic recovery at home after the government unveiled plans to end most coronavirus restrictions by July. Prime Minister Scott Morrison's announced a plan to ease social distancing restrictions in a three-step process, which would remove all curbs by July and get nearly 1 million people back to work amid a decline in coronavirus cases.




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Coronavirus Update: Lockdown Orders Expire, Lab Theory Investigated

States balance public health and economic well-being as more lockdowns expire; U.S. intelligence agencies confirm investigating if the coronavirus escaped from a lab in Wuhan; Apple and Amazon report profits. WSJ’s Shelby Holliday has the latest on the pandemic. Photo: Matthew Hatcher/Bloomberg




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Coronavirus Update: California Borrows Federal Cash, United Plans Cuts

California is the first state to borrow federal funds to cover rising jobless claims, United Airlines expects to cut its management ranks by 30%, and the FDA sets standards for antibody tests in a crackdown on fraud. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Rich Pedroncelli/Associated Press




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Coronavirus Update: Trump Says Task Force to Shift Focus

President Trump said the White House coronavirus task force will continue indefinitely and Airbnb plans to lay off a quarter of its workforce. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Brendan Smialowski/AFP




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Coronavirus Update: ‘Evidence’ Virus Came From Lab, Economies Start to Reopen

The Trump administration steps up assertions that the coronavirus originated at a lab in Wuhan, governments around the world start to allow businesses to reopen, millions of imported masks fall short of N95 standards. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Scott Keeler/Zuma Press




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Trump reaches out to world leaders on coronavirus, global economy

US President Donald Trump reached out to several world leaders, including those from Germany and Saudi Arabia, to discuss the coronavirus pandemic and the global economy on Friday, the White House said. Trump and King Salman bin Abdulaziz Al-Saud of Saudi Arabia discussed the latest positive developments in defeating the coronavirus pandemic and re-energising global economies, the White House said in a readout of the call. The two leaders agreed on the importance of stability in global energy markets and reaffirmed the strong United States-Saudi defence partnership, it said. Trump and King Salman also discussed other critical regional and bilateral issues and their cooperation as leaders of the G7 and G20, respectively, the readout of the call said. In a separate phone call with Chancellor Angela Merkel of Germany, the two leaders discussed positive developments in defeating the coronavirus pandemic, research efforts and reopening the American and German economies. "The President ...




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3 nurses strangled in Mexico; border mayor gets coronavirus

Three sisters who worked in Mexico's government hospital system were found murdered by strangling, authorities in the northern border state of Coahuila announced on Friday, stirring new alarm in a country where attacks on healthcare workers have occurred across the nation amid the coronavirus outbreak. Two of the sisters were nurses for the Mexican Social Security Institute and the third was a hospital administrator, but there was no immediate evidence the attack was related to their work. The state prosecutor told local media the motive might have been robbery. State police said the bodies were found in a house in the city of Torreon. The Social Security Institute said they were killed on Thursday. The National Union of Social Security Employees called the killings "outrageous and incomprehensible". In other parts of Mexico, nurses have had been hit, kicked off public transport or had cleaning fluids poured on them amid fears they might spread the coronavirus. Mexican health ...




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VP Pence's press secretary tests positive for coronavirus

US Vice President Mike Pence's press secretary has the coronavirus, the White House said on Friday, making her the second person who works at the White House complex known to test positive for the virus this week. President Donald Trump, who publicly identified the affected Pence aide, said he was "not worried" about the virus spreading in the White House. Nonetheless, officials said they were stepping up safety protocols for the complex. Pence spokeswoman Katie Miller, who tested positive on Friday, had been in recent contact with Pence but not with the president. She is married to Stephen Miller, a top Trump adviser. The White House had no immediate comment on whether Stephen Miller had been tested or if he was still working out of the White House. Katie Miller had tested negative on Thursday, a day before her positive result. "This is why the whole concept of tests are not necessarily great," Trump said. "The tests are perfect but something can happen between a test where it is ...




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China reports 15 new asymptomatic coronavirus cases

China has reported 15 new asymptomatic coronavirus cases, taking their total to 836 while one new imported COVID-19 infection was confirmed, health officials said on Saturday. According to China's National Health Commission (NHC), as for Friday 836 asymptomatic cases, including 63 from overseas, were still under medical observation. The NHC said one imported case of coronavirus was reported on Friday and 15 new asymptomatic cases, all domestic ones, were confirmed in the country. Most of the asymptomatic cases were being reported from first coronavirus epicentres Hubei province and its capital Wuhan where no confirmed cases were reported for the 35 days, the local health commission said. Normalcy is returning to the province as the lockdown has been lifted and offices, business and factories have been opened since last month. The province still has 628 asymptomatic cases under medical observation, after 13 new cases were reported on Friday, the commission said. Death toll in China ...




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AC Milan president says some players recovering from coronavirus

AC Milan president Paolo Scaroni has revealed that some of his squad members were still recovering from coronavirus. Serie A has been on hold since mid-March but Italian Sports Minister Vincenzo Spadafora said on Thursday he was hopeful group training could resume on May 18. "We have some infected players in the process of recovery," Scaroni told local media. Scaroni believes Italian football must live with COVID-19 and take an example from the Bundesliga which will restart on May 16. "We have to get used to living with the virus and this also applies to football," he said. "It is not possible to stand still until there is zero infection. Basically we can adopt the German formula that provides that those who are sick go into quarantine while their teammates continue." Milan technical director Paolo Maldini, together with his 18-year-old son Daniel, a youth team player, have both recovered from the virus. "Maldini father and son are doing well. There are players who are improving, but .




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Coronavirus strikes staffers inside the White House

Vice President Mike Pence's press secretary has the coronavirus, the White House said, making her the second person who works at the White House complex known to test positive for the virus this week. President Donald Trump, who publicly identified the affected Pence aide, said he was not worried about the virus spreading in the White House. Nonetheless, officials said they were stepping up safety protocols for the complex. Pence spokeswoman Katie Miller, who tested positive Friday, had been in recent contact with Pence but not with the president. She is married to Stephen Miller, a top Trump adviser. The White House had no immediate comment on whether Stephen Miller had been tested or if he was still working in the White House. Katie Miller had tested negative Thursday, a day before her positive result. This is why the whole concept of tests aren't necessarily great, Trump said. The tests are perfect but something can happen between a test where it's good and then something ...