Sir Richard Branson has said he will put his private Caribbean island up as a collateral in his attempt to persuade the UK government to save his Virgin Atlantic airline from going bust. Branson, who is the UK’s seventh richest person with an estimated £4.7bn fortune and lives on Necker […]
Read moreNovartis Joins Effort to Vet Malaria Drug Hydroxychloroquine for Coronavirus
Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. Novartis AG will run a U.S. study of the malaria drug hydroxychloroquine for Covid-19, the latest effort to determine whether the hyped medicine can […]
Read moreU.S. Stocks May Give Back Ground In Early Trading
Following the strong upward move seen last week, stocks may give back some ground in early trading on Monday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 108 points. Profit taking may contribute to initial weakness on Wall […]
Read moreHere's how Boeing and Airbus became a duopoly
New York (CNN Business)Boeing’s assembly lines will lurch to a start next week, building commercial aircraft for the first time since its Washington state assembly shut down a month ago. But the utter collapse of demand for air travel means its airline customers may not need those jets — and […]
Read moreJust How Big Is the Biggest-Ever Slump in World Oil Demand?
How low can you go? That seems to be the question bothering the world’s big-three oil forecasting agencies as they grapple to come to terms with the size of the slump in oil consumption triggered by the international response to the Covid-19 virus. The International Energy Agency, the Organization of […]
Read moreVirus Easing Allows Germany to Re-Open as Spain Deaths Slow
Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. The coronavirus pandemic showed signs of easing in Europe, with the number of new infections slowing in Germany, and Spain reporting the fewest fatalities […]
Read moreWho Gets to Work From Home?
LISTEN TO ARTICLE SHARE THIS ARTICLE Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. Two things are becoming clear about the U.S. economy in the not-so-distant future: it will be open and […]
Read moreRishi Sunak told to abolish business rates in desperate plea to save UK high streets
Esther McVey, the former work and pensions secretary and founder of the Blue Collar Conservative movement, has backed the Express Save Our High Streets campaign and warned that radical action will be needed once the disease is brought under control. The issue came up in Ms McVey’s latest Blue Collar […]
Read moreRelief Funds in Limbo for Freelancers and Self-Employed
LISTEN TO ARTICLE SHARE THIS ARTICLE If you’re one of the millions of people in the U.S. who work for themselves, and you’re not getting enough work because of the pandemic, relief money is available. At least, it’s supposed to be. Unemployment benefits were extended to you (whether you call yourself […]
Read moreGerman New Virus Infections Increase by the Most in Seven Days
Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. The number of confirmed coronavirus cases in Germany increased at a quicker rate for a third day and by the most in seven days […]
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