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Nissan is considering moving the manufacturing of two Renault SUV models from Barcelona to its Sunderland plant, it is reported. Such a move could secure thousands of British manufacturing jobs at Nissan, which committed £400m in extra funding to the factory in March. The Japanese car manufacturer is reportedly in talks with its strategic partner [...]
Prime Minister Boris Johnson yesterday claimed we are “past the peak and on the downward slope” of the coronavirus outbreak. And he has promised to release a “comprehensive plan” next week that outlines how to end the UK lockdown. “I will be setting out a comprehensive plan next week to explain how we can get [...]
Moderna and Swiss contract drugmaker Lonza have today announced a deal aimed at manufacturing 1bn doses a year of a potential Covid-19 vaccine. The experimental vaccine, called mRNA-1273, is being tested in an early-stage trial by the US National Institutes for Health. The US drug developer expects to start a mid-stage trial in the second [...]
President Donald Trump has claimed to see evidence coronavirus originated in a Wuhan laboratory, and said the outbreak could have been contained “relatively easily” by China. At Thursday’s White House press briefing, the US President was asked if he had seen “anything that gives you a high degree of confidence” the Wuhan Institute of Virology [...]
Dettol and Lysol maker Reckitt Benckiser has issued advice telling people not to ingest its products “under any circumstances” after President Donald Trump suggested injecting disinfectants to treat coronavirus. Reckitt Benckiser said: “As a global leader in health and hygiene products, we must be clear that under no circumstance should our disinfectant products be administered [...]
Boris Johnson is intent on returning to work as soon as Monday to continue tackling the coronavirus crisis, it is reported. Earlier this month, the Prime Minister was discharged from St Thomas’ Hospital following his own battle with coronavirus. He has since been recovering at Chequers, his countryside residence. But Johnson – who spent three [...]
The UK government was “too slow” in dealing with the coronavirus outbreak and 40,000 people could die, a leading public health professor warned MPs today. “Where were the system errors that led us to have probably the highest death rates in Europe?” Anthony Costello, professor of International Child Health and director of the UCL Institute [...]
Uber has withdrawn its 2020 financial guidance and plans to write down around $2bn in investments amid the Covid-19 lockdown. The ride-hailing firm had expected to book adjusted net revenue of up to $17bn and an adjusted loss of between $1.45bn and $1.25bn. But Uber yesterday said Covid-19 made it “impossible” to predict future financial [...]
Netflix has become a more valuable company than both US oil giant Exxo Mobil and rival Disney as demand for home entertainment booms amid the coronavirus lockdown. Shares in the streaming company climbed five per cent on Thursday to a new record high of $448, taking its market value to $196bn. At the same time, [...]
Defence firm BAE Systems today said it expects “significant disruptions” due to coronavirus as it moves into the second quarter of the financial year. It comes after an opening three months where the Covid-19 pandemic had a minimal impact on the London-listed company. The firm today said it was assessing the situation and would update [...]
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