Coronavirus: Asian stocks rise as outbreak eases in Europe April 7, 2020 Asian stocks rose for a second day on signs that the coronavirus outbreak may be starting to recede in Europe and plateau in New York. Japan’s Nikkei rose 2.3 per cent, and this week has undone most of last week’s losses after prime minister Shinzo Abe promised a massive $991bn economic stimulus package due to [...]
Coronavirus: Boris Johnson moved to intensive care after condition worsens April 6, 2020 Prime Minister Boris Johnson has been moved to intensive care after his coronavirus condition worsened, Downing Street has said. The Prime Minister was admitted to St Thomas’ Hospital last night with persistent symptoms of Covid-19. His medical team made the decision to move him to intensive care at roughly 7pm this evening after his condition [...]
Pound plunges after Boris Johnson admitted to intensive care April 6, 2020 The pound fell sharply against the dollar and euro this evening after Prime Minister Boris Johnson was admitted to intensive care. The Prime Minister was permitted to St Thomas’ Hospital last night with persistent symptoms of coronavirus. He moved to intensive care at roughly 7pm this evening after his condition deteriorated, Downing Street confirmed. The [...]
UK coronavirus deaths hit 5,000 but daily rate slows April 6, 2020 The UK coronavirus death toll has risen past 5,000, but the daily rate of growth slowed for the second consecutive day. A total of 5,373 have now died after a further 439 deaths were recorded, the Department of Health has confirmed. However, it marks the second consecutive day that the number of daily deaths have [...]
Coronavirus and the economy: your questions answered April 6, 2020 | City Talk Chief Economist & Strategist Keith Wade chatted to us about coronavirus and its economic impact. Here are your nine questions answered. Q1: How do you think that the virus will affect the global economy? It is going to have a very significant impact. The virus could create a fall in GDP unlike anything that we [...]
Ocean Outdoor launches £10m media fund for virus-hit firms April 6, 2020 Advertising group Ocean Outdoor has launched a £10m fund offering free ad space to the retailers and small businesses hardest hit by the coronavirus crisis. The fund will give businesses and brands access to advertising space on the company’s network of screens in 12 UK cities. Ocean’s out-of-home sites in London include Piccadilly Lights and [...]
Coronavirus: The City is doing its part April 6, 2020 Two weeks of staying at home has taken its toll on all of us whether we know it or not. Yes, we may have all got used to living life through the lens of technology, but video conferencing can only partly make up for the activities and day-to-day interactions we all crave and take for [...]
Pressure builds on social media firms to stamp out ‘crazed’ 5G conspiracy theories April 6, 2020 Social media firms are under fierce pressure to stamp out misinformation about 5G amid fears the spread of conspiracy theories is putting lives at risk. Phone masts have been set alight in locations across the UK due to posts circulating online falsely claiming that there is a link between mobile phone technology and the coronavirus [...]
Apple to make 1m coronavirus face shields per week April 6, 2020 Apple has outlined plans to manufacture 1m face shields per week as it ramps up its efforts to tackle the coronavirus outbreak. Chief executive Tim Cook said the tech giant had so far sourced 20m face masks from its global supply chain to distribute to health workers around the world. Apple’s design and engineer teams [...]
Coronavirus: Banks ‘not stepping up to the plate’ in battle to protect business April 6, 2020 The London Chamber of Commerce has added its voice to calls for the UK’s banks to do more to help British businesses, saying lenders “are simply not stepping up to the plate” in the battle against coronavirus. Over the last week there have been major concerns that despite a hefty package of schemes implemented by [...]