‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Facebook Workplace takes on Zoom with video call rival during lockdown May 21, 2020 Caught out by the sudden success of Zoom as the world entered coronavirus lockdown, Facebook has introduced its own video conferencing tool on Workplace. The social network’s B2B business has seen its own jump in user numbers this year, as paid customers rose from 3m six months ago to 5m in March. By then coronavirus [...]
Manchester United revenue drops almost £30m due to Covid-19 May 21, 2020 Manchester United today said its revenue fell by almost £30m in the third quarter after the football season was brought to a halt due to the Covid-19 pandemic. The New York-listed football club reported total revenue of £123.7m in the three months to the end of March, down from £152.1m in the same period last [...]
Newspaper circulation figures to be kept private as sales crash due to Covid-19 May 21, 2020 UK publishers will no longer have to make their circulation figures public as the Covid-19 crisis continues to decimate newspaper sales and distribution. The Audit Bureau of Circulation (ABC), which publishes the official data, today said it will no longer publish its public monthly report, though the figures will still be available to advertisers. The [...]
Mark Zuckerberg: Facebook is in fake news ‘arms race’ against rival states May 21, 2020 Mark Zuckerberg has said that Facebook is in an “arms race” to prevent misinformation from state actors as he defended his company’s crackdown on fake news about the Covid-19 crisis. The social media boss said his firm was battling to prevent interference from countries such as Russia, Iran and China, and admitted it was “behind” [...]
Astrazeneca set to supply potential coronavirus vaccine in September May 21, 2020 Pharmaceuticals giant Astrazeneca has confirmed it is prepared to deliver the first 400m doses of its potential coronavirus vaccine from September. In total, the drugmaker, which is the delivery partner for the University of Oxford, has secured the capacity to manufacture 1bn doses of the treatment over the next two years. Of the doses, 100m [...]
Easyjet to restart flights from 15 June, passengers to wear face masks May 21, 2020 Easyjet today committed to restarting some domestic flights from 15 June, with all passengers and crew required to wear face masks. The budget airline will resume a “small number” of flights mainly on domestic routes in the UK and France where “there is sufficient customer demand to support profitable flying”. Easyjet said it plans to [...]
Global coronavirus cases surpass 5m as Latin America infections surge May 21, 2020 Global coronavirus cases have now topped 5m, with Latin America overtaking the US and Europe to report the highest number of daily cases. The milestone marks a new stage of the pandemic, following the first peak in China followed by an explosion in cases in the US and Europe. Johns Hopkins University’s data tracker has [...]
Trump ratchets up China tensions with coronavirus ‘propaganda’ claims May 21, 2020 President Donald Trump ramped up his war of words with China overnight, accusing his counterpart Xi Jinping of orchestrating a “disinformation and propaganda attack on the United States and Europe”. Saying “it all comes from the top”, Trump also said China was “desperate” for Democrat Joe Biden to beat Trump to win the 2020 presidential [...]
Revealed: The most applied-for jobs during the Covid-19 crisis May 21, 2020 Delivery drivers and warehouse workers are among the roles that have received the highest number of job applications during the Covid-19 crisis, a new report has revealed. Data published today by Linkedin showed that critical frontline jobs have been inundated with applications as companies respond to shifting demand during the lockdown. Delivery drivers were the [...]
Global coronavirus cases rise by largest ever daily amount May 20, 2020 The number of new coronavirus cases reported worldwide rose by the largest ever daily amount over the last 24 hours, according to new figures from the World Health Organization (WHO). A total of 106,000 new cases were reported — the highest since the pandemic began. Roughly two-thirds of these came from just four countries. “We [...]