Qantas Airways Ltd is axing at least 20% of its workforce and intends to raise up to A$1.9 billion of equity under a sweeping cost-saving plan prompted by the coronavirus pandemic.
The Australian airline also said it will ground 100 aircraft for up to 12 months and retire its remaining Boeing Co 747 fleet immediately.
Anhui Zhifei Longcom Biopharmaceutical and the Institute of Microbiology of the Chinese Academy of Sciences get approval to begin human testing for potential coronavirus vaccine from the National Medical Products Administration to launch clinical trials.
Chinese researchers and companies are testing six experimental shots in humans and more than a dozen vaccines are in different stages of clinical trials globally.
According to a Reuters tally on Monday, the death toll from the coronavirus reached over 120,000 in the United States.
Total U.S. coronavirus cases are over 2.2 million, the highest in the world, followed by Brazil with more than 1 million cases, and infections are rapidly rising in India.
The National Rugby League (NRL) has shifted a match away from Melbourne due to a spike in Coronavirus cases in the southern Australian city.
Storm CEO Dave Donaghy said we have some COVID-19 hotspots in Victoria has made it difficult for our team and visiting teams to continue playing at AAMI Park in the short term.
Director-General of Health Dr Ashley Bloomfield has fortified that there are two new cases of Covid-19 in New Zealand both arrivals from the UK.
New Zealand has had 22 deaths from the virus.
Treasurer Dominic Perrottet will reveal the New South Wales economy is expected to contract by 10 percent this financial year.
Earlier this month figures from the Bureau of Statistics showed the NSW economy shrank by 1.5 percent in the March quarter and at that time the Government warned there would be further severe economic consequences.
A sweeping set of changes to coronavirus restrictions have been announced in many Australian states, including funerals, cinemas, gyms and sporting stadia.
Queensland is set to open its borders in 25 days, following weeks of criticism directed at premier Annastacia Palaszczuk.
The Bacterial Filtration Efficiency (BFE) test is performed on filtration materials and devices that are designed to provide protection against biological aerosols, such as face masks, surgical gowns, caps, and air filters.
This test is used for FDA 510(k) submissions for surgical masks, is required by ASTM F2100 and EN 14683, and complies with ASTM F2101 and EN14683.
Google, PwC and Salesforce launched a free online marketplace called ‘Project Spirit’, which lets Australian businesses work together to address challenges they’re facing during the coronavirus pandemic.
There’s also a curated library of ‘how to’ stories from business that have successfully changed how they work during the pandemic.
The Organisation for Economic Co-operation and Development (OECD) warns about the second wave of coronavirus in Australia would come at a $25 billion cost to the economy.
The economy would then grow by just one percent next year. Unemployment would average of 7.6 percent this year and then 8.8 percent next year. The virus has infected 7.2 million people worldwide.
