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South Korea seeks to import anti-viral remdesivir as new coronavirus cases emerge

SEOUL (Reuters) - South Korean health authorities said on Friday they would request imports of Gilead Sciences Inc’s anti-viral drug remdesivir to treat COVID-19, as new outbreaks of the disease flare as social distancing restrictions are eased. FILE PHOTO: A delivery man for Coupang Jung Im-hong wearing a mask to prevent contracting the coronavirus, checks an address as he works in Incheon, South Korea, March 3, 2020. Picture taken on March 3, ... Full story

Volkswagen pumps 2 billion euros into China electric vehicle bet, buys stakes in two firms

BEIJING/HONG KONG (Reuters) - Volkswagen AG (VW) ( VOWG_p.DE ) said on Friday it has agreed to invest 2.1 billion euros ($2.33 billion) in two separate Chinese electric vehicle players, upping its bet on the world’s biggest auto market as international rivals seek to muscle in. FILE PHOTO: A new logo of German carmaker Volkswagen is unveiled at the VW headquarters in Wolfsburg, Germany September 9, 2019. REUTERS/Fabian Bimmer. VW said it will ... Full story

China says will counter any U.S. actions over Hong Kong bill

FILE PHOTO: Chinese Foreign Ministry spokesman Zhao Lijian attends a news conference in Beijing, China April 8, 2020. REUTERS/Carlos Garcia Rawlins/File Photo. BEIJING (Reuters) - China said on Friday it will take any necessary countermeasures if the United States insists on interfering in Beijing’s internal affairs and taking action in response to the Hong Kong security bill ratified by China’s parliament on Thursday. Foreign ministry ... Full story

German retail sales fall far less than expected in April

FILE PHOTO: A sign with distancing rules is seen in the sport store PUMA, as the spread of the coronavirus disease (COVID-19) continues, in Berlin, Germany, April 25, 2020. REUTERS/Annegret Hilse/File Photo. BERLIN (Reuters) - German retail sales fell at their fastest pace since 2007 in April, data showed on Friday, but the drop was not as steep as expected in a sign of the relative resilience of Europe’s largest economy during the coronavirus ... Full story

What you need to know about the coronavirus right now

(Reuters) - Here’s what you need to know about the coronavirus right now:. FILE PHOTO: An Emergency Medical Technician (EMT) dons personal protective equipment before going into Elmhurst Hospital during the ongoing outbreak of the coronavirus disease (COVID-19) in the Queens borough of New York, U.S., April 20, 2020. REUTERS/Lucas Jackson. Suicide concerns. Health workers in Japan are worried the economic shock caused by the coronavirus ... Full story

Wrecked WW2 aircraft discovered on Cleethorpes beach News

Image caption Graham Holden and his partner found the wreck while walking their dog on Cleethorpes beach. The remains of a crashed World War Two aircraft have been discovered on a beach by dog walkers. Graham Holden and his partner found the wreckage after shifting sands uncovered the site at Cleethorpes. According to the Grimsby Telegraph , the aeroplane is believed to be an RAF Bristol Beaufighter which crashed soon after take-off from nearby ... Full story

Japan's consumer mood higher in May but still 'extremely severe': government

FILE PHOTO: A woman wearing a protective face mask walks past a luxury brand store at a shopping district amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 25, 2020. REUTERS/Kim Kyung-Hoon. TOKYO (Reuters) - Japan’s consumer confidence index rose slightly in May but stayed near a record low as the new coronavirus pandemic took a heavy toll on the economy, a Cabinet Office survey showed on Friday. The survey’s sentiment index ... Full story

Volkswagen says it will have full control of JAC-VW Chinese venture

FILE PHOTO: The logo of German car maker Volkswagen is seen on a car outside a garage in Vienna, Austria, Sept. 29, 2016. REUTERS/Leonhard Foeger. BEIJING/SHANGHAI (Reuters) - German automaker Volkswagen ( VOWG_p.DE ) will have full management control of its JAC-VW joint venture, the company’s China CEO said on Friday. Stephan Wollenstein told a media briefing that production of electric vehicles based on the MEB platform will start at the ... Full story

Japan finance minister sees fiscal situation worsening as virus hits tax revenue

FILE PHOTO: Japanese Finance Minister Taro Aso takes questions from reporters at the annual meetings of the International Monetary Fund and World Bank in Washington, U.S., October 18, 2019. REUTERS/James Lawler Duggan. TOKYO (Reuters) - Japan’s fiscal situation will further deteriorate following the compilation of stimulus budgets as tax revenue will likely fall due to the impact of the coronavirus on economic activity, Finance Minister Taro ... Full story

Go-go bars gone as coronavirus hits Bangkok's sex district

BANGKOK (Reuters) - The black leather party masks that performers May and Som wear for their fetish shows in Bangkok are definitely not the sort to stop the coronavirus. An 18+ sign is seen inside the Patpong museum at the nightlife and sex trade district, during the coronavirus disease (COVID-19) outbreak in Bangkok, Thailand, May 26, 2020. REUTERS/Athit Perawongmetha. Behind closed doors, they practise for the day when health restrictions are ... Full story