A new report published by the Institute for Policy Studies IPS showed that the wealth of American billionaires, such as: Amazon founder (Jeff Bezos), and Tesla's president (Elon Musk), rose by almost 10% during the emerging coronary virus (Covid-19) pandemic (COVID-19).
United States stocks jumped on Friday as some states prepared to relax coronavirus-related stay-at-home orders and tech investors pushed Apple and Microsoft shares higher.Â
Virgin Australia has confirmed it has entered voluntary administration - making it Australia's first big corporate casualty of the coronavirus pandemic.
Amazon has started to develop a test for the novel coronavirus in order to help restart the battered economy.
The United States Department of Justice and other federal agencies on Thursday called on the Federal Communications Commission (FCC) to revoke China Telecom Americas Corp's authorisation to provide international telecommunications services to and from the US.
Japan is committing nearly $1 trillion to try to protect its economy from the fallout from the coronavirus pandemic.
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