Huawei partners with Discover Film to embed streaming service on devices March 27, 2020 Huawei has signed a deal with Discover Film to embed the streaming service’s app in 100m mobile devices worldwide. The tie-up means the streaming platform will be pre-loaded onto Huawei Video alongside a selection of other video providers such as the BBC and Rakuten TV. Discover Film, which describes itself as the “Netflix for short [...]
Morrisons directors quit in corporate governance row March 26, 2020 Two Morrisons non executive directors have quit, reportedly due to a disagreement over corporate governance at the supermarket. Neil Davidson, chair of the corporate compliance and responsibility committee, and Tony van Kralingen, remuneration committee chair, have stepped down and will cease to be directors from 26 and 29 April respectively. The grocer said today that [...]
Coronavirus: P&O Ferries temporarily lays off workers March 26, 2020 P&O Ferries will reportedly temporarily furlough more than 1,000 workers, using the government’s recently announced job retention scheme to pay staff during the coronavirus crisis. Workers will be paid their basic salaries, with the government funding 80 per cent and P&O topping up the rest. The English Channel operator said on Wednesday that it will [...]
International Energy Agency chief warns oil demand could sink 20 per cent March 26, 2020 Global demand for oil could fall by 20 per cent as 3 billion people around the world live in lockdown. Head of the International Energy Agency Fatih Birol, who made this prediction, also called on Saudi Arabia to rectify the situation. Brent crude, currently at $26 a barrel, has been driven to record lows because [...]
Dyson to make ventilators to bolster NHS supply in fight against coronavirus March 26, 2020 The government has ordered 10,000 ventilators from household appliance firm Dyson. The company said it has designed a new ventilator from scratch with engineers working “round the clock.” The government had earlier called for manufacturing firms in the UK to use their production capacity to make ventilators to counter a national shortage. However, the provision [...]
Apple could delay iPhone 12 launch ‘by months’ due to coronavirus March 26, 2020 Apple could be forced to delay the launch of iPhone 12 by up to two months as a result of the coronavirus outbreak, analysts have warned. In a note published yesterday, JP Morgan said the launch could be pushed back by one or two months due to disruption to the firm’s supply chain. Travel restrictions [...]
Mitsubishi considers Renault investment to prop up Nissan alliance March 26, 2020 Japanese conglomerate Mitsubishi is considering investing in Renault in one of a number of schemes being discussed to prop up the French carmaker’s alliance with Nissan. French media reported today that Mitsubishi was considering taking a 10 per cent stake in Renault, with other options including restructuring and cost savings plans. Sources told Les Echos [...]
Coronavirus: Retailers pause online shopping over safety fears March 26, 2020 Retailers have started to close down their online operations as well as physical stores in response to the coronavirus outbreak, citing concerns over the safety of their warehouse workers. High street chains Next, Moss Bros and River Island have today temporarily closed their internet shopping services, despite government guidance that online retailers can continue to [...]
UK athletes facing financial uncertainty after postponement of the Tokyo 2020 Olympic Games March 26, 2020 When the announcement finally came it provoked a mixture of reactions. Thousands of athletes around the world had been waiting for the news that the Tokyo Olympic Games would be postponed due to the coronavirus pandemic. After weeks of doubt, speculation and mounting pressure, the International Olympic Committee made the call on Tuesday to postpone [...]
Self-employed coronavirus stimulus: Rishi Sunak to pay Britain’s freelancers up to £2,500 a month March 26, 2020 The government will pay 80 per cent of self-employed workers’ wages, up to £2,500 a month, to deal with the economic fallout from coronavirus. The package was announced by chancellor Rishi Sunak today, giving self-employed workers the same support announced for traditional workers last week. It will be available for any self-employed person who has [...]
