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BUSINESS

Richard Branson agrees to sell part of Virgin Galactic to fund his empire

Digital Desk -
Richard Branson has agreed to sell shares worth around 500 million US dollars (£405 million) in his Virgin Galactic space business to raise funds...
US NEWS

Coronavirus: White House hopes for quick economic rebound

Digital Desk -
Trump administration officials spoke optimistically about a relatively quick rebound from the coronavirus on Sunday. It came as life within the White House reflected the...
BUSINESS

US House politicians want to grill Amazon boss over market dominance

Digital Desk -
US politicians investigating the market dominance of Big Tech are asking Amazon chief executive Jeff Bezos to give evidence to address possible misleading statements...
WORLD NEWS

Almost a quarter of UK firms halt trading due to coronavirus lockdown

Digital Desk -
Almost a quarter of UK firms have halted trading due to the coronavirus lockdown, according to the UK's Office for National Statistics (ONS). The ONS...
BUSINESS

First Facebook Oversight Board members confirmed

Digital Desk -
Facebook has announced the first members of its new Oversight Board, the independent body which will have the final say on content allowed on...
BUSINESS

Ryanair see 99.6% drop in passengers as flights grounded

Digital Desk -
Low-cost airline Ryanair flew just 40,000 passengers last month as the coronavirus crisis brought air travel to a standstill, and warned that operations will...
BUSINESS

J.Crew files for bankruptcy protection as pandemic chokes US retail

Digital Desk -
The owner of J.Crew is filing for bankruptcy protection, the first major retailer to do so since the coronavirus pandemic forced the closure of...
ECONOMY

Trump predicts ‘spectacular’ rebound as economy plunges

Digital Desk -
Trying to dispel economic gloom, President Donald Trump said on Thursday he is anticipating a major rebound in the coming months and a “spectacular”...
BUSINESS

Blow to pension savers as Shell cuts dividend for first time since 1945

Digital Desk -
A decades-long streak was brought to an end by the coronavirus on Thursday as oil giant Shell slashed its dividend for the first time...
ECONOMY

US economy shrinks by 4.8% as businesses shut down due to coronavirus

Digital Desk -
The US economy shrank by 4.8% in the last quarter as the coronavirus pandemic shut down much of the country and began triggering a...
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