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BUSINESS

Carluccio’s administrators receive bids after dining chain’s collapse

Bids have been made for parts of the Carluccio’s business after the dining chain collapsed into administration, as it appears increasing unlikely a buyer...

Debenhams to shut seven UK stores with loss of 422 jobs

Debenhams has confirmed the closure of seven stores in England with the loss of 422 jobs after sliding into administration last week. The department store...

EasyJet to keep middle seats empty when flights resume

EasyJet expects to keep its middle seats empty when it resumes flying to enable social distancing. Chief executive Johan Lundgren said the measure is aimed...

Shell reveals ambition to be emissions-neutral by 2050

The boss of one of the world’s biggest oil producers has said it is vital to look to the long term amid the coronavirus...

Infected countries discuss how to open their economies

Governors across the US are devising plans to gradually reopen their economies without prompting a strong second wave of coronavirus. In Italy, Spain and other...

Coronavirus: IMF cancels £400m of debt repayments to help poor countries

Debt payments for the world’s most impoverished countries totalling £400 million have been cancelled to allow them to focus on dealing with coronavirus. The International...

Next reopens online sales after boosting Covid-19 safety measures

Next bosses say they will begin selling online again on Tuesday after putting extra safety measures in place to ensure warehouse staff can work...

IMF approves debt relief for 25 members; WHO cautions against rapid reversal of restrictions

US university researchers have received US government clearance for the first saliva test to help diagnose Covid-19, a new approach that could help expand...

Global deal to cut oil output in sight after Mexico signs up

Opec and nations including Russia have agreed to boost oil prices by cutting as much as 10 million barrels a day in production. Even more...

Disney says its streaming service has hit 50 million paid subscribers

Disney’s streaming service has achieved 50 million paid subscribers around the world within five months of launching, the entertainment giant has said. Disney+, which arrived...

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