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Tuesday, August 4, 2020
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CATEGORY

ECONOMY

AstraZeneca agrees to make Covid-19 vaccine for Europe

Pharmaceutical giant AstraZeneca has struck a deal with Europe’s Inclusive Vaccines Alliance to supply up to 400 million doses of an experimental Covid-19 vaccine,...

Lufthansa warns 22,000 jobs at risk despite bailout

German airline Lufthansa has said 22,000 full-time jobs may need to be cut worldwide due to the drop in demand for flights caused by...

Jobs boost for US as lockdown easing sees millions back at work

The US unemployment rate fell unexpectedly in May to 13.3%, still on a par with what the nation witnessed during the Great Depression, as...

Businesses in UK told to start paying furlough bill from August

A final self-employment coronavirus grant is to be made available and businesses must start paying towards the worker furlough scheme from August, the British...

Plans unveiled to manage London’s recovery from coronavirus impact

Plans to manage London’s recovery from the economic and social impact of the coronavirus pandemic have been unveiled. A new strategy has been set out...

UK unemployment claims surge after coronavirus hits labour market

UK unemployment claims soared by more than 69% in April after the coronavirus lockdown gripped the labour market, official figures revealed. Britain's Office of National...

New three trillion dollar US relief bill passes first stage

Democrats pushed a massive three trillion dollar (£2.48 trillion) coronavirus relief bill through the US House of Representatives on Friday, an election-year measure designed...

Germany’s economy goes into recession as lockdown measures inflict pain

The German economy shrank by 2.2% in the first quarter compared with the previous three-month period as shutdowns in the country and beyond started...

Jerome Powell calls for united response and warns of prolonged recession

Federal Reserve chairman Jerome Powell warned of the threat of a prolonged recession resulting from the viral outbreak and urged Congress and the White...

UK moving sharply into recession, says Bank of England governor

Britain is very sharply moving into recession due to the coronavirus crisis, Bank of England governor Andrew Bailey has said. Mr Bailey’s comments echoed those...

Latest news

NHS Test and Trace needs scaling up to reopen schools safely – study

The NHS Test and Trace programme needs to be scaled up in order to reopen schools safely, researchers have said. A new modelling study has...

TikTok planning London headquarters, according to reports

TikTok is planning to open a headquarters in London, according to reports, as the social media app continues to try and distance itself from...

David Attenborough and rapper Dave collaborate for Planet Earth special

David Attenborough and rapper Dave will attempt to “lift viewers’ spirits” with a TV special featuring animals overcoming adversity. Planet Earth: A Celebration will air...

Rochelle Humes: I tried to scrub skin off as a child after racist comments

Rochelle Humes has said she would scrub her legs until they were red to try to get her skin off after she was subjected...

US Navy investigates video of ‘dog attack’ on man in Kaepernick shirt at event

The US Navy is investigating an incident in which dogs attacked a “Colin Kaepernick stand-in” during a K-9 demonstration during a 2019 fundraiser at...
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