Business

Coronovirus fears push stocks to 2-week low

By The Frontier Post | January 28, 2020

Monitoring Desk LONDON: World shares slipped to their lowest in two weeks on Monday as worries grew about the economic impact of China’s spreading coronavirus, with demand spiking for safe haven assets such as Japanese yen and Treasury notes. The death toll from the coronavirus outbreak in China rose to 106 and the virus spread…

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Tearing down the wall: Saudi restaurants adjust to the abolishment of gender segregation

By The Frontier Post | January 28, 2020

Monitoring Desk RIYADH: Saudi diners are still chewing over the Kingdom’s move to end the long-standing legal requirement for restaurants to have separate entrances for males and families. As a result of reforms — involving 103 rules and regulations, manuals, models, and standards aimed at making life easier for citizens and visitors — men and…

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GM to spend $2.2 billion on making electric trucks and SUVs at Detroit factory

By The Frontier Post | January 28, 2020

Monitoring Desk DETROIT: General Motors Co will invest $2.2 billion in its Detroit-Hamtramck assembly plant to build electric trucks and sport utility vehicles, the No.1 US automaker said in a statement on Monday. Reuters reported last year that GM plans to build a new family of premium electric vehicles at the plant beginning late 2021,…

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