Coronavirus: Asian stocks follow US into the red as infections near 100,000 March 6, 2020 Coronavirus cases approached the 100,000 mark today as volatility sparked by the global spread of the Covid-19 disease hurt Asian stocks and Wall Street. Asian stocks endured a torrid day of trading as Japan’s Nikkei plunged 2.7 per cent and Hong Kong’s Hang Seng index sank 2.3 per cent overnight. Asian stocks slumped as traders [...]
Number of UK coronavirus cases hits 115, with 25 in London March 5, 2020 UK coronavirus cases rose again today from 85 to 115, with London counting 25 Covid-19 infections. Included in today’s figures were 25 new cases in England, and 30 new cases since yesterday’s total. “All are being investigated and contact tracing has begun,” the Department of Health tweeted. A total of 18,083 people in the UK [...]
Flybe collapse: Passengers told not to travel as 2,000 jobs at risk March 5, 2020 British airline Flybe has collapsed into administration to leave 2,000 jobs at risk after it failed in its bid to secure a £100m government loan. The budget regional carrier blamed 2020’s coronavirus outbreak for draining customer demand for flights, and warned passengers not to travel to airports. Administrator EY has taken charge of the business [...]
Covid-19: Northern Ireland records two new cases as UK total hits 87 March 4, 2020 Two more cases of coronavirus have been confirmed in Northern Ireland, which brings the total number of UK cases to 87. The Public Health Agency said that one test result is confirmed positive and two further results are “presumptive positive” It said it is “continuing to work with partners across the UK including Public Health [...]
UK coronavirus: Brits don face masks (and Tesco bags) on public transport March 4, 2020 British commuters are taking the UK coronavirus threat seriously, it appears, donning heavy duty face masks – and Tesco bags – on Tube trains and buses. A man on a London Underground train appeared to decide to keep himself safe on his commute to work by donning a serious-looking gas mask, along with thick rubber [...]
Hostelworld shares fall as it warns of £3.5m coronavirus blow March 4, 2020 Hostelworld warned the coronavirus outbreak has hurt 2020 bookings today as the virus ravages the travel sector, after slashing its 2019 dividend to invest in expansion. The Covid-19 outbreak prompted Hostelworld to warn it will take a €3m (£2.6m) to €4m (£3.5m) hit to earnings before interest, tax, depreciation and amortisation (Ebitda) in the first [...]
No longer Biden his time: Joe Biden delivers Super Tuesday sweep March 4, 2020 Joe Biden emerged from the shadows to win the votes of nine states in the race to become the Democrats’ US presidential candidate on Super Tuesday. The former vice-president’s campaign was in the doldrums just last week, but he posted victories in Minnesota, North Carolina, Tennessee, Alabama, Virginia, Arkansas and Oklahoma last night. Wins in [...]
Asian stocks mixed after Fed rate cut fails to lift Wall Street March 4, 2020 Asian stocks posted a mixed day of trading overnight after Wall Street dropped in dramatic fashion despite an interest rate cut intended to give the economy a break from the coronavirus fallout. Japan’s Nikkei eked out a 0.08 per cent rise today but Hong Kong’s Hang Seng index slipped 0.12 per cent over the course [...]
Robert Walters shares fall on coronavirus profit warning March 3, 2020 Economic bellwether recruiter Robert Walters’ shares sank today as it warned 2020 profit will miss expectations due to the coronavirus outbreak. The recruitment agency’s shares fell seven per cent to 494p after the coronavirus profit warning compounded a dire 2019 filled with Brexit and economic uncertainties. Profit before tax slipped three per cent to £47.4m [...]
UK coronavirus cases surge to new total of 51 March 3, 2020 The number of UK coronavirus cases rocketed to 51 today, a climb of 12 new cases, the government revealed today. Health secretary Matt Hancock confirmed the climb in parliament today after the UK recorded four more cases yesterday to take the total to 39. The government today outlined worst-case scenario measures if the UK coronavirus [...]
