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Netflix boosts global subscription numbers by more than 10 million

Netflix boosted its total number of global subscriptions by more than 10 million in the last quarter amid the coronavirus pandemic. The streaming giant has...

Demand for flights ‘will not recover until 2024’

Demand for air travel will take longer to return to pre-pandemic levels than initially expected, according to the latest industry forecast. Trade body ACI Europe,...

US to hit Huawei employees with visa bans

The Trump administration has said it will impose travel bans on employees of Huawei and other Chinese companies the US determines are assisting authoritarian...

BBC to reduce pool of presenters and make more job cuts in news

The BBC has announced plans to reduce its pool of presenters and make further job cuts in its news division. The broadcaster, which celebrates its...

Burberry to cut 500 jobs as sales plunge after lockdowns worldwide

Around 500 jobs are being cut at luxury fashion firm Burberry globally as it axes office space and makes cuts across stores after lockdown...

Boeing sells just one plane in June amid crisis in aviation

Boeing reported that customers cancelled orders for 60 of its grounded 737 Max jets in June, and the aircraft maker removed another 123 planes...

Chinese firm Huawei to be stripped out of UK 5G networks by 2027

Boris Johnson risked deepening tensions with Beijing after telecoms firms were ordered to strip Chinese tech giant Huawei’s equipment from 5G networks by 2027. The...

Ryanair to axe up to 1,000 flights between UK and Ireland

Ryanair has announced it will remove up to 1,000 flights from its UK-Ireland routes in August and September as Ireland “maintains a defective quarantine...

Britain heads for sharpest economic slump of major economies in Covid-19 storm

Britain will suffer the sharpest peak-to-trough economic slump of any major economy this year, rating agency Moody’s has warned, and ramp up national debt...

Amazon bars video app TikTok on workers’ phones, reports say

Amazon has told employees to delete the video app TikTok from phones on which they use company email, claiming security risks from the China-owned...

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