Global rice exports severely disrupted following India lockdown

Indian rice traders have stopped signing new export contracts amid the nationwide lockdown to curb the spread of the coronavirus, industry executives said. “Shipments have stalled as transport has become very difficult because of the lockdown. Drivers are not coming and labour is not available at mills and ports”, the president of the Rice Exporters Association said. India is the world’s...

Fewer journalists killed this year, says report

The International Federation of Journalists said on 9 December that far fewer journalists are being killed this year compared to last year. The IFJ represents 600,000 media professionals from across the world. The group announced that 49 journalists have been killed so far this year, down from last year’s 95. This year’s countries with the most on-the-job slayings are Mexico with 10, the...

Italian bank UniCredit to cut 8000 jobs

Italy’s biggest bank, UniCredit, has announced its plans to cut 8.000 jobs and obtain regulatory approval for a €2 billion share buyback programme under its 2020-23 strategic plan. The bank’s chief executive officer, Jean Pierre Mustier, said the job cuts would be done in a “socially responsible way”. He is seeking to drive investor returns through cost cuts and greater efficiency. The...