DAZN: UK launch of ‘Netflix of sport’ at risk of being delayed March 19, 2020 The UK launch of sports streaming service DAZN is highly likely to be delayed beyond its scheduled date in May, City A.M. understands. DAZN, which has been billed as a “Netflix of sport”, had pencilled in a major global expansion that would increase the number of countries served from nine to more than 200. The [...]
Coronavirus: Easyjet and Lufthansa bosses warn that industry will need state aid March 19, 2020 Easyjet chief executive Johan Lundgren has warned that he expects to see “a lot of failures” in the global aviation industry due to the damage done by the coronavirus outbreak. Speaking to the BBC, Lundgren said: “I have been working in the industry for 30 years and I have never seen anything like this.” “If [...]
Police on standby to help supermarkets in London lockdown March 19, 2020 Police could be called in to support UK supermarkets to deter aggressive behaviour in the event of a London lockdown as part of measures to delay the spread of coronavirus. Politicians and supermarkets have both urged the public to stop panic buying. However, demand for groceries has continued to spike. Shelves have been stripped and [...]
School closures are the latest sign of just how much our society is going to change March 19, 2020 The past few weeks have been spent trying to understand and interrogate the coronavirus outbreak, initially at a distance but increasingly up close and personal. Friends and neighbours are now self-isolating, some with symptoms that sound almost certain to be Covid-19, others less so — but without sufficient tests, people aren’t willing to take the [...]
Sequoia Capital seeking $7bn to invest in US and Asian funds March 19, 2020 Sequoia Capital is seeking $7bn for its latest set of venture capital funds, with a focus on start-ups in the US and Asia, as global markets are rocked by the coronavirus outbreak. The Silicon Valley firm is seeking commitments for multiple funds in the US, China and India, according to the Financial Times. The fundraising [...]
Coronavirus bill: Government outlines emergency powers to curb coronavirus outbreak March 19, 2020 Doctors and police officers will be handed sweeping powers to detain people suspected of being infected with Covid-19, as part of measures being brought in with emergency legislation. According to the nearly 330-page Coronavirus Bill published this afternoon, a single doctor may be able to “impose such requirements and restrictions on the person as the [...]
Coronavirus will ‘accelerate the digital revolution’, says ad mogul Martin Sorrell March 19, 2020 The outbreak of coronavirus will “accelerate the digital revolution” as businesses and consumers become increasingly reliant on technology, ad boss Sir Martin Sorrell has said. Sorrell, who runs ad fim S4 Capital, today said the “bottom line” of the crisis was that digital transformation would move at a much greater pace. “Businesses that were probably [...]
Trevor Carlin interview: IndyCar and F2 team owner on the impact of coronavirus, developing F1 stars and which protege has world title potential March 19, 2020 They have played a crucial role in the development of a number of Formula One stars, from former world champions Sebastian Vettel and Nico Rosberg to rising stars such as Lando Norris and Carlos Sainz Jr. But that has not made celebrated motor racing outfit Carlin impervious to the financial difficulties that the coronavirus crisis [...]
TfL commissioner Mike Brown to stay on during coronavirus pandemic March 19, 2020 Transport for London’s (TfL) commissioner Mike Brown will put off his plans to resign and will stay on during the coronavirus crisis. Brown, who was due to quit in May, sent an email to TfL staff today to say he would stay on to “help lead us through the coming months”. “It has been a [...]
Britons least optimistic about economy since 2008 financial crash March 19, 2020 Britons are the least optimistic they have been about the economy since 2008’s financial crash, a new survey by pollster Ipsos Mori has found. The new poll, which was conducted between 13 and 16 March, shows that 69 per cent of people think that the economy will get worse in the next 12 months. In [...]