cornavirus | ABS-CBN News

Florida surpasses half a million COVID-19 cases

Agence France-Presse
Posted at Aug 06 07:17 AM

Florida, the epicenter of the novel coronavirus pandemic in the southeastern US, has surpassed half a million cases and now has a death toll of more than 7,600, state health authorities said Wednesday.   Read more »

Global virus vaccine race heats up, but not without controversy

Susan Stumme, with Danny Kemp in The Hague and AFP bureaus
Posted at May 15 11:15 AM

Scientists are working at breakneck speed to develop a vaccine for COVID-19 Read more »

Construction recovery from lockdown may take 1-2 months: Megawide

ABS-CBN News
Updated as of Apr 14 10:31 PM

Construction in the Philippines will take 1 to 2 months to fully recover from the coronavirus lockdown that shut most businesses and required people to stay at home, builder Megawide said Tuesday.  Read more »

Philippines looks to restart economy under 'new normal' from COVID-19

ABS-CBN News
Updated as of Apr 14 10:10 AM

The Philippines is looking for ways to restore the public's confidence in the economy, once it restarts under a "new normal" due to the COVID-19 pandemic, the country's deputy social economic planning chief said Tuesday. Read more »

Asian stocks outlook: Economic woes seen to cap gains

Reuters
Posted at Apr 14 08:16 AM

Asian stocks were set for a modest bounce on Tuesday as US stock futures edged higher, although fears the coronavirus could drag on the global economy for months are likely to temper investor confidence. Read more »

World Bank sees 'huge willingness' to suspend debt payments for poorest countries

Andrea Shalal, Reuters
Posted at Apr 14 08:05 AM

The World Bank is seeing "a huge willingness" on the part of official bilateral creditors to suspend debt payments by the world's poorest countries so they can focus on fighting the coronavirus pandemic, a top Bank official said on Monday. Read more »

DOTr to use Lopez Group's P100-M donation for quarantine center for seafarers, OFWs

ABS-CBN News
Updated as of Apr 13 10:55 PM

(UPDATED) The Department of Transportation (DOTr) is set to start retrofitting a passenger terminal at the Manila South Harbor into a COVID-19 quarantine facility following a P100-million donation from the Lopez Group's First Philippine Holdings (FPH). Read more »

Evolve or perish: Virus reshaping art auction market

James Pheby with Thomas Urbain, Agence France-Presse
Posted at Apr 13 08:50 AM

The coronavirus pandemic poses a huge global challenge to auction houses large and small, but those that have embraced technology could prosper as nervous investors seek a safe haven, according to experts. Read more »

Oil, equities slip as OPEC+ cut fails to lift confidence

Hideyuki Sano, Reuters
Posted at Apr 13 08:40 AM

Oil prices and US stock futures dipped in early Monday trade as a landmark agreement by OPEC and its allies to slash output by a record amount failed to give investors any cause for lasting optimism about the economic outlook. Read more »

Regine Tolentino reflects on family milestones amid quarantine

ABS-CBN News
Posted at Apr 11 09:31 PM

Tolentino manages to be grateful for two reasons: welcoming another baby to her family, and her eldest graduating college. Read more »

Duterte to address nation as lockdown reaches halfway point

Arianne Merez, ABS-CBN News
Updated as of Mar 30 04:57 PM

President Rodrigo Duterte will address the Filipino nation on Monday, Malacañang said as the lockdown of Luzon reaches its halfway point and as Congress awaits his report on the government's response to the COVID-19 pandemic. Read more »