Monday, May 20

Tag: Shutdown

Dubai Suspending All Economic Lifeline Amid Coronavirus Threat
MIDDLE EAST

Dubai Suspending All Economic Lifeline Amid Coronavirus Threat

Dubai is closing its famous malls and halting all passenger flights, capping a series of shutdowns on once-thriving sectors that serve as its economic lifeline but which have been sacrificed to curb coronavirus. A few days after barring foreigners, including those with residency permits, from entering the country, the emirate said it would close its airports to commercial flights, shut shopping centres and restrict restaurants to home deliveries. Within hours of the announcement, which will be enforced by Wednesday, the city's vast malls were already largely deserted, with corridors and concourses empty and shops devoid of customers. Boasting the most diversified economy in the Gulf, Dubai derives 94 percent of its public revenues from non-oil sources which also make up the major...
Australia’s National Newswire to Close
News

Australia’s National Newswire to Close

Australia's only national newswire will close after 85 years in operation, with staff told Tuesday their jobs will come to an end in June. Australian Associated Press' closure was announced at a staff meeting in the company's headquarters in Sydney, with chief executive Bruce Davidson describing it as a sad day. "AAP has been a critical part of journalism in Australia since 1935, and it is tragic that it will come to an end," Davidson said. The newswire will close at the end of June while its subediting business Pagemasters is set to close at the end of August. In a statement, the company's closure was attributed to the "unprecedented impact" of digital platforms taking content and distributing it for free. "We have reached the point where it is no longer viable to continue...