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January 23, 2020

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Crisis

US pharma boss gets 5 years jail time for fueling opioid crisis

US pharma boss gets 5 years jail time for fueling opioid crisis

John Kapoor, the founder of US drug maker Insys, was sentenced to five and a half years in prison on Thursday for helping fuel America's deadly opioid crisis.The 76-year-old became the first owner of a pharmaceutical company to go to prison over the crisis th

Strong flying demand cushions MAX earnings hit at US carriers

Strong flying demand cushions MAX earnings hit at US carriers

Continued strong demand for travel boosted airline earnings Thursday even as US carriers struggle with the grinding Boeing 737 MAX crisis that has clouded their outlook.American Airlines said a strong flying public helped it to notch record revenues in the fou

UN court orders Myanmar to prevent Rohingya genocide

UN court orders Myanmar to prevent Rohingya genocide

The UN's highest court ordered Myanmar on Thursday to do everything in its power to prevent the genocide of Rohingya Muslims,rex as international justice stepped into the crisis for the first time.In a unanimous ruling, the International Court of Justice reje

New CEO stands by 737 MAX, eyeing reset at troubled Boeing

New CEO stands by 737 MAX, eyeing reset at troubled Boeing

Boeing Chief Executive David Calhoun sought to pivot from a bruising period of crisis and scandal on Wednesday, pledging a renewed commitment to safety and transparency and endorsing the long-term viability of the 737 MAX plane."I commit to you to be more acc

SARS lessons hang over China's fight against new virus

SARS lessons hang over China's fight against new virus

China's lockdown of an entire city to contain a virus outbreak stands in contrast to its handling of the deadly SARS crisis two decades ago, when it was criticised for being secretive and indecisive.The new virus has killed 17 and infected more than 500 other