Zoom vows to fix security issues as daily user numbers surge to 200m April 2, 2020 Zoom has vowed to focus its resources on fixing a string of security issues as the video conferencing app reported a surge in user numbers during the coronavirus crisis. The popular video service has faced fierce scrutiny over its security and practices in recent weeks after a number of bugs were exposed. The company today [...]
Spain’s coronavirus death toll passes 10,000 after another record day of deaths April 2, 2020 Spain’s coronavirus death toll exceeded 10,000 today after a record 950 people with the virus died overnight, the country’s health ministry said. The number of cases rose by about eight per cent from yesterday to 110,238, the health ministry said. The rate of growth of cases numbers has slowed in recent days. Spain’s total coronavirus [...]
Coronavirus: Online prices rise for medicines and stockpiled goods April 2, 2020 The online prices of essential household products and long-life food increased as demand soared due to the coronavirus outbreak. The latest data showed that online prices for high-demand products increased 1.1 per cent on average between the weeks ending 22 March and 29 March as consumers faced restrictions on visiting physical stores. According to the [...]
WHO could alter coronavirus mask advice based on new evidence April 2, 2020 Official advice on wearing masks in public could change after new evidence suggested the measure could help protect people from coronavirus. The World Health Organisation (WHO) has so far advised only people with coronavirus symptoms should wear masks in public. Those caring for people with coronavirus should also wear masks, official guidance has maintained. But [...]
MPs call for clarity over coronavirus support for film and TV workers April 2, 2020 MPs have urged the government to clarify what support it will offer to people in the UK’s entertainment sector who are unable to work due to the coronavirus outbreak. The Digital, Culture, Media and Sport (DCMS) Select Committee warned there was a loophole in government measures that meant many workers could be excluded from existing [...]
Coronavirus: Carnival shares sink as cruise operator raises equity April 2, 2020 Cruise ship owner Carnival saw its shares sink over 8 per cent this morning after the firm said it had raised new equity at a higher cost than expected as the firm covers itself against the coronavirus disruption. Although its cruise ships are currently moored due to extensive restrictions on travel, the firm managed to [...]
Formula One’s 2020 outlook downgraded to negative by Moody’s April 2, 2020 The outlook for Formula One has been downgraded by Moody’s to negative in light of the disruption caused by the coronavirus pandemic to its 2020 race calendar. Formula One has cancelled its Australia and Monaco grand prix races and postponed six races scheduled between March and early June 2020. Moody’s said the disruption would lead [...]
Coronavirus: Saga seeks debt holiday and warns cruises could be suspended for six months April 2, 2020 Saga, the cruise operator and insurance provider for over-50’s, said this morning it plans to ask for a debt holiday as it warned that it could be forced to postpone holidays for up to six months. Saga’s share price dropped more than five per cent after it said full year revenue could be down around [...]
Wework threatens to sue Softbank over ditched $3bn share buyout April 2, 2020 Wework has threatened to sue Softbank after the Japanese investment giant abandoned plans to buy $3bn (£2.4bn) worth of additional shares in the company. Softbank, which owns a controlling stake in the coworking firm, agreed to the share tender last year as part of a rescue package following Wework’s botched public listing. The company said [...]
Calls grow for coronavirus loans rethink as almost half of UK firms see revenues sink April 2, 2020 Nearly half of all UK businesses have seen their revenue fall due to the coronavirus pandemic, a new survey has shown, amid calls for government to make it easier for struggling businesses to access loans critical to their survival. Office of National Statistics (ONS) data found 45 per cent of UK businesses saw revenues drop [...]
