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Wednesday, June 3, 2020
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CATEGORY

BUSINESS

Zuckerberg wants West to lead the way on internet laws before China does

Facebook boss Mark Zuckerberg has said he is worried that China-style regulation of internet platforms could be replicated in other countries, as leaders across...

Uber cuts 3,000 jobs as virus slashes payroll numbers by 25%

Uber has cut 3,000 jobs from its workforce, its second major wave of layoffs in two weeks as coronavirus slashed demand for rides. The San...

Ryanair boss O’Leary slams UK government’s quarantine plans

Plans to impose a 14-day quarantine on international travellers arriving in the UK are “idiotic” and “unimplementable”, the chief executive of airline Ryanair has...

Heathrow boss in plea for flights to restart between ‘low risk’ countries

Industry bosses are urging the British Government to begin planning flights between “low risk” countries in order to rebuild the economy. Heathrow Airport chief executive...

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...

Honda to resume car manufacturing in UK next month

Car giant Honda is to restart UK production next month in the latest move by motor manufacturers to resume work. The company announced it had...

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...

Coronavirus sees UK economy plunge 2% in first quarter after record March fall

The UK economy shrank by 2% in the first quarter of 2020 as the coronavirus crisis saw activity contract at a record pace in...

Latest news

Tens of millions join Blackout Tuesday in solidarity with George Floyd protests

Social media feeds went dark and quiet on Tuesday as tens of millions of people showed solidarity with the black community following the death...

Zoom booms as pandemic drives millions to video service

Zoom Video Communications is rapidly emerging as the latest internet gold mine as millions of people flock to its conferencing service to see colleagues,...

Paris police fire tear gas as George Floyd protests spread around the world

Riot police in Paris have fired tear gas as scattered protesters pelted them with debris and set fires during an unauthorised demonstration against racial...

US patients given first dose of coronavirus antibody treatment

Patients have been given the first dose of a potential antibody treatment designed to fight coronavirus. Scientists developed the antibody in just three months after...

EU accused of ‘wishful thinking’ over claims UK set to compromise in trade talks

Brussels has been accused of “wishful thinking” over claims that the UK could be prepared to compromise on fishing and demands for alignment with...
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