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Tuesday, July 7, 2020
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Economy

UK demand for new cars down almost 35% in June

Demand for new cars fell by 34.9% last month, an automotive industry body said. Only 145,377 new cars were registered in June compared with 223,421...

Japan’s economy takes delicate steps to reopening while balancing health risks

Japan’s economy is reopening cautiously with social-distancing restrictions amid the coronavirus pandemic. The delicate “new normal” balancing act playing out around the world is precarious...

Lufthansa warns 22,000 jobs at risk despite bailout

German airline Lufthansa has said 22,000 full-time jobs may need to be cut worldwide due to the drop in demand for flights caused by...

Jobs boost for US as lockdown easing sees millions back at work

The US unemployment rate fell unexpectedly in May to 13.3%, still on a par with what the nation witnessed during the Great Depression, as...

Socially distanced gatherings of six permitted under UK’s lockdown easing

Friends and family will be able to meet in parks and gardens in socially distanced groups of six under British Prime Minister Boris Johnson’s...

Nissan workers burn tyres at gate of Barcelona factory after closure announced

Angry workers burned tyres at the gates of the Nissan carmaking plant in northeastern Spain and prepared for more protests after the Japanese company...

Plans unveiled to manage London’s recovery from coronavirus impact

Plans to manage London’s recovery from the economic and social impact of the coronavirus pandemic have been unveiled. A new strategy has been set out...

India cuts interest rates to shore up Covid-19 ravaged economy

India’s central bank on Friday cut its key interest rate to 4% to revive the economy severely hit the Covid-19 outbreak and a two-month...

Trump considering hosting G7 leaders in US after initially cancelling summit

President Donald Trump has said he is considering holding a meeting of G7 leaders in the US after all, because it would be a...

UK unemployment claims surge after coronavirus hits labour market

UK unemployment claims soared by more than 69% in April after the coronavirus lockdown gripped the labour market, official figures revealed. Britain's Office of National...

Latest news

Macron removes French interior minister after police protests

French President Emmanuel Macron has removed his interior minister as part of a government shake-up on Monday following protests against police brutality. The reshuffle is...

UK demand for new cars down almost 35% in June

Demand for new cars fell by 34.9% last month, an automotive industry body said. Only 145,377 new cars were registered in June compared with 223,421...

Nemanja Matic signs new Manchester United contract

Nemanja Matic has signed a new contract with Manchester United which will keep him at the club until June 2023. The 31-year-old Serbia midfielder joined...

Beijing accuses UK of ‘gross interference’ over Hong Kong citizenship offer

Beijing has accused ministers of a “gross interference into China’s internal affairs” by offering Hong Kong residents a route to citizenship over a controversial...

Anger as social distancing keeps Grenfell victims from Inquiry

Victims of the Grenfell Tower fire have expressed anger at not being able to attend the inquiry into the disaster due to social-distancing measures. The...
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