Global Oil Powers Stumble Their Way Toward Historic Deal

The world’s largest oil producers are pressing ahead with talks for an unprecedented deal to mitigate the devastating impact of the coronavirus crisis on their industry, even as their leaders exchange barbs. The challenge now is to nail down numbers everyone can live with.

Chinese President Xi Jinping has been on a diplomatic offensive as the pandemic has struck other countries hard. PHOTO: XIE HUANCHI/XINHUA/ZUMA PRESS

U.S., China Trade Blame for Coronavirus, Hampering Global Economy Rescue

Chinese President Xi Jinping has been on a telephone spree this month, dialing the leaders of coronavirus-battered France, Italy, Spain and Germany with offers of support including masks and other medical equipment. For weeks, the one phone number he hadn’t tried was Donald Trump’s.
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A look from Vietnam and Britain

The virulence of the virus has forced abrupt life-style changes on whole population, up-ending business models and challenging national and international agencies to provide support. March has seen unprecedented changes in the UK as well as in Vietnam requiring drastic and experimental stimulus packages to prop-up the economies.

Business support should be in the right place at the right time.

Businesses need immediate support

The current dire global situation affecting all businesses needs no analysis by experts or economists. Businesses are being severely impacted and struggling to stay afloat.

Businesses must seek opportunities in adversity

Businesses must seek opportunities in adversity

The Covid-19 pandemic is causing havoc and a lot of panic in Italy, the United Kingdom, Spain, South Korea and Iran. Even in the US, the government has now declared it a national emergency.

HPG is the enterprise with internal shareholders registering to buy the largest number of shares.

Internal shareholders rush to buy stock

With the stock market in decline, and stock prices in free fall, many internal shareholders holding key positions in business companies are rushing to buy up stock in various companies.

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The Second Virus Shockwave Is Hitting China’s Factories Already

Since last week, emails from foreign clients have been flooding into export manager Grace Gao’s in-box, asking to delay orders already made, putting goods ready to be shipped on hold until further notice, or asking for payment grace periods of up to two months.