United News of Bangladesh

Smartphone company Vivo has extended warranty of its smartphones until May 31, amid the coronavirus or COVID-19 outbreak.   The warranties of smartphones were scheduled to expire on March 25.   Vivo will provide hotline service from 9am to 6pm while its service centers will remain closed, said a press release.   Hotline numbers are- 01318563993 and 01318563995.   Customers will be also able to contact Vivo by its facebook page, website and email.

Saudi Arabia sharply criticized Russia on Saturday over what it described as Moscow blaming the kingdom for the collapse in global energy prices, showing the tensions ahead of an emergency meeting of OPEC and other oil producers.

Trade in medical products which have now been described as critical and in severe shortage during the COVID-19 crisis totalled about US$ 597 billion in 2019, accounting for 1.7 percent of total world merchandise trade, according to a new report.

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Friday related to the global economy, the work place and the spread of the virus.

Coronavirus deaths mounted with alarming speed in Spain, Italy and New York, the most lethal hot spot in the United States, while the outbreak has thrown 10 million Americans out of work in just two weeks and by Friday had sickened more than a million people.

World Trade Organisation (WTO) Director General Roberto Azevêdo and International Chamber of Commerce (ICC) Secretary-General John Denton on Thursday called for more dialogue with business to maximise the effectiveness of public policies to mitigate the economic damage resulting from the COVID-19 pandemic, particularly with regards to trade.

As the new coronavirus spreads across Europe, ravaging economies and killing thousands, governments and the European Union are focusing much of their economic rescue efforts on containing a boom in joblessness, particularly by helping companies not fire workers.

President Donald Trump said Thursday that he expects Saudi Arabia and Russia will end an oil war and dramatically cut production.

Wall Street's major averages tumbled on Wednesday amid deepening concerns over the rapid spread of COVID-19 in the country.

A Canadian company said Tuesday it plans to start construction of the disputed Keystone XL oil sands pipeline through the U.S. Midwest in April, after lining up customers and money for a proposal that is bitterly opposed by environmentalists and some American Indian tribes.