Saturday, 11 July 2020

Business

PUBG Mobile earns $3 Billion in lifetime revenue

BIRMINGHAM: PlayerUnknown’s Battleground Mobile or PUBG Mobile has brought in a massive sum of 3 Billion US Dollars in lifetime revenue. The massively popular online multiplayer game has seen great success globally, with just 2020 bringing in 1.3 Billion Dollars alone. According to a new report by Sensor Tower, PUBG ...

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Restaurants and pubs reopen in UK

LONDON: England is embarking on Saturday on perhaps its biggest lockdown easing yet as pubs and restaurants have the right to reopen for the first time in more than three months. In addition to the reopening of much of the hospitality sector, couples can tie the knot once again, people ...

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Biggest gold scandal busted in China

BEIJING: China is at the centre of the discovery of what may be one of the biggest gold counterfeiting scandal in recent history. According to a report in Zero Hedge, not only does it involve China, but it emerges from a city that has become synonymous for all that is ...

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Swiss authorise remdesivir for wide use against virus

GENEVA: Switzerland announced that COVID-19 patients beyond those on clinical trials could be given remdesivir, the first drug shown to be relatively effective in treating the new coronavirus. At least two major US studies have shown that the anti-viral drug can reduce the duration of hospital stays for those suffering ...

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China says Indian app ban is against WTO rules

BEIJING: Earlier this week, the Indian government had banned 59 Chinese smartphone applications. This ban included popular social media apps like TikTok and more. Now, Ji Rong, spokesperson of the Chinese Embassy in India, has said in a statement that China “firmly opposed” this decision and it is a “violation ...

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EU bans PIA from flying to Europe for six months

LONDON: The European Union Air Safety Agency (EASA) has suspended the flight operations of Pakistan International Airlines (PIA) to European Union (EU) nations for a period of six months, the PIA said on Tuesday. The suspension will take effect on July 1 at 12 am (UTC time), said the statement. ...

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India bans 59 Chinese mobile apps over ‘security’ concerns

NEW DELHI: India banned 59 Chinese mobile apps, including the wildly popular TikTok and WeChat, over national security and privacy concerns two weeks after a deadly Himalayan border clash between the nuclear-armed neighbours. Relations between the world’s two most populous nations have been strained following the deaths of 20 Indian ...

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US consumer spending rebounds; falling income

WASHINGTON: US consumer spending rebounded by the most on record in May, but the gains are not likely to be sustainable, with income dropping and expected to decline further as millions lose their unemployment checks starting next month. The surge in spending reported by the Commerce Department is also under threat ...

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Microsoft to close all physical stores around the world

LONDON: Microsoft said it is permanently closing nearly all of its physical stores around the world. Like other retailers, the software and computing giant had to temporarily close all of its stores in late March due to the COVID-19 pandemic. According to its website, Microsoft has 72 stores in the ...

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Ethiopia to begin filing Nile hydroelectric dam

NILE: Ethiopia will start filling its $5 billion hydroelectric dam on the Nile in two weeks, the government said on Saturday. The announcement came after an online summit of the leaders of Ethiopia, Sudan, and Egypt convened by the African Union (AU) for negotiations on guidelines for the Grand Ethiopian Renaissance ...

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