Tesla: Workers in Shanghai must sleep on factory floor as China restarts production in 600 companies amid draconian Covid measures April 19, 2022 Shanghai’s Tesla factory workers have to sleep on the floor of the factory, as Elon Musk’s company restarts production and China continues a draconian covid policy. With hundreds of firms restarting operations across China, workers have to abide by a strict policy of living on site, in line with the country’s ‘closed loop’ restrictions, according [...]
Apple faces union challenge amid Amazon’s warehouse success April 19, 2022 Following Amazon's lead, workers at Apple's Grand Central Station store in New York are gearing up to start a union.
Chinese economy to spiral south amid battle with Covid-19 April 19, 2022 China’s economic growth is forecast to slow, according to top analysts, as the country continues its battle with Covid-19. The country’s GDP growth for the first quarter of this year was “moderate”, economists at ING have said, “but more pain will come” in the months ahead. More Chinese cities are facing tighter controls, it was [...]
WH Smith: Orders from Funky Pigeon website suspended after cyber attack hits cards firm April 19, 2022 WH Smith has said Funky Pigeon, its greetings card subsidiary, fell victim to a cyber security incident last week. In an update on the London Stock Exchange, the stationary giant said orders from the Funky Pigeon website have been temporarily suspended. The online retailer was affected by an incident on Thursday 14 April. Customer payment [...]
Asda buyer TDR Capital marks 20-fold return on supermarket takeover with £1.4bn stake April 19, 2022 One of Asda’s owners has valued its stake in the supermarket at almost 20 times the sum it paid in a blockbuster takeover last year. According to The Financial Times, private equity firm TDR Capital informed investors it has placed its stake at 19.8 times the orginial investment in the grocer. The US firm, alongside [...]
Jacob Rees-Mogg: Civil servants must ‘rapidly return’ to offices April 19, 2022 Ministers are reportedly being told to send a “clear message” to civil servants for a “rapid return” to offices. Up to three quarters of staff are still working from home, according to The Telegraph, as Whitehall sources accuse a “silent majority” of officials of not “pulling their weight. Jacob Rees-Mogg, the minister for government efficiency, [...]
Commuter belt office space surges in popularity as workers flex hybrid options April 19, 2022 The commuter belt has become the new worker hub as people opt for co-working spaces rather than longer commutes. New data from office space provider IWG, which manages brands Regus and Spaces, found that there was a 91 per cent rise in attendance in Maidenhead in March compared with the month before. Meanwhile, homely towns like Hemel Hempstead [...]
Cristiano Ronaldo hit by family tragedy as devastated Manchester United forward announces death of baby son April 19, 2022 Manchester United star Cristiano Ronaldo has lost his baby son, the footballer and his partner Georgina Rodriguez announced late last night. The sad news was revealed in a message from the couple that appeared on Man U and Portugal forward Ronaldo’s social media accounts on Monday evening. It read: “It is with our deepest sadness [...]
Zelensky says the Kremlin is embarking on latest phase of war targeting region of Donbass April 19, 2022 Ukraine’s president has warned that the Kremlin is embarking on the latest phase of its war, targeting the eastern Donbass region. Volodymyr Zelensky made his comments in a video message to his country, saying: “The Russian troops have begun the battle for the Donbas, for which they have been preparing for a long time.” “A [...]
Millions of Brits cancel streaming services as cost of living crunch sets in April 19, 2022 More than 1.5 million people have cancelled streaming platform memberships in the first quarter of 2022, as the cost of living crunch closes in on entertainment firms.