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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...
BUSINESS

Nando’s reopens six UK restaurants for delivery

Digital Desk -
Nando’s has said it is reopening six of its UK restaurants for delivery from today. The peri-peri chicken chain said it will reopen the kitchens...
BUSINESS

Global aviation will be slow to recover post-coronavirus, says Boeing CEO

Digital Desk -
The impact of coronavirus on the aircraft manufacturing industry will be felt for years, Boeing’s chief executive has said. The Covid-19 pandemic has seen widespread...
MARKETS

Brent oil hits new 21-year low as coronavirus sends demand plummeting

Digital Desk -
Brent crude prices have hit 21-year lows as the oil price crash showed little sign of slowing in the face of plunging global demand...
WORLD NEWS

Fake closing-down sales back just one day after being banned by Facebook

Digital Desk -
A website that was booted off Facebook for breaking fraud and deception rules was able to set up a new page just a day...
BUSINESS

EasyJet to keep middle seats empty when flights resume

Digital Desk -
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...
ECONOMY

Infected countries discuss how to open their economies

Digital Desk -
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...
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