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Coronavirus: UK tourism boss backs call for 'air bridges'

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Reuters: Business News

Visa sees recovery in U.S. payments volume in New! 2020-06-01 17:43:11Visa Inc's total U.S. payments volume fell at a much slower pace in May from the previous month, indicating that consumer spending was picking up as

U.S. court refuses to shield Volkswagen in diesel New! 2020-06-01 17:16:50A U.S. appeals court ruled on Monday that Volkswagen AG cannot escape potential financial penalties from two counties in Florida and Utah that may am

Facebook's Zuckerberg faces employee backlash over Trump protest New! 2020-06-01 17:09:13Facebook employees accusing Chief Executive Mark Zuckerberg of inadequately policing U.S. President Donald Trump's posts took to Twitter to praise th

U.S. companies issue shares at fastest rate ever, New! 2020-06-01 16:43:26U.S. public companies sold more than $60 billion in shares in May, the biggest monthly haul ever, as they capitalized on a stock market rally fueled b

World equities edge higher despite U.S.-China tensions New! 2020-06-01 16:38:00World stock markets hovered near three-month highs and safe-haven government bonds inched lower as risk appetite grew on signs that the global economi

Wall Street closes higher as recovery signs soothe New! 2020-06-01 16:22:54U.S. stocks posted gains on Monday as signs of U.S. economic recovery helped offset jitters over increasingly violent social unrest amid an ongoing pa

China buys U.S. soybeans after halt to U.S. New! 2020-06-01 16:03:39State-owned Chinese firms bought at least three cargoes of U.S. soybeans on Monday, even as sources in China said the government had told them to halt

Oil steady; U.S.-China tensions weigh, possible output cuts New! 2020-06-01 15:37:19Oil futures steadied on Monday as rising U.S.-China tensions weighed on sentiment, but prices drew support from reports that OPEC and Russia were clos

Volkswagen says ready to restart Mexico operations on New! 2020-06-01 15:23:15The Mexican unit of Germany's Volkswagen AG said on Monday the automaker was ready to restart operations in the states of Puebla and Guanajuato on Ju

Nestle to appeal ban on 'Incredible Burger' branding New! 2020-06-01 15:11:47Nestle said on Monday it would appeal a Dutch court's ruling that prohibits the Swiss food giant from selling its plant-based burgers in Europe unde

Marriott opens all hotels in China, sees steady New! 2020-06-01 14:33:43Marriott International has reopened all its hotels in China and is seeing a steady recovery in the United States, its biggest market, Chief Executive

U.S. Supreme Court rebuffs investors' bid to block New! 2020-06-01 14:26:54The U.S. Supreme Court on Monday refused to hear a bid by major banks and companies including Koch Industries Inc to prevent a trustee chasing money f

BBC News - Business

Make Covid-19 recovery green, say business leaders 2020-05-31 19:01:33Well-known firms such as Asda and Lloyds Bank are urging ministers to prioritise the environment.

Amazon UK website defaced with racist abuse 2020-05-31 12:51:23The online giant blames a "bad actor" for the language appearing alongside multiple product listings.

Mining firm Rio Tinto sorry for destroying Aboriginal 2020-05-31 09:50:51The caves in Western Australia sheltered prehistoric people in the Ice Age 46,000 years ago.

My Money: 'Our alternative quarantine holiday' 2020-05-30 19:19:09Alyssa Hulme from Utah in the US takes us through her weekly spending during the coronavirus pandemic.

Microsoft 'to replace journalists with robots' 2020-05-30 06:07:11Dozens working on the MSN site look set to be replaced by AI, media reports say.

Akinwumi Adesina: Why the US is targeting a 2020-05-29 19:11:40The US pushes for new inquiry into allegations of corruption against the African Development Bank boss.

Twitter hides Trump tweet for 'glorifying violence' 2020-05-29 18:45:00For the first time, Twitter has hidden a tweet on the president's profile behind a warning.

Coronavirus furlough scheme to finish at end of 2020-05-29 17:13:51Chancellor Rishi Sunak says employers must start sharing the cost of the scheme from August.

Coronavirus: How safe is it to get on 2020-05-29 17:13:08Many airlines are planning to resume flying, but they first need to reduce the risks of Covid-19.

Kylie Jenner: Forbes drops celebrity from billionaire list 2020-05-29 14:03:42The magazine says the Kardashian family misled the press about the value of Jenner's makeup business.

Virus-hit self-employed to receive second payment 2020-05-29 12:11:13Applications for a "second and final" grant of up to £6,570 will open in August, the chancellor says.

Renault cuts 15,000 jobs in major restructuring 2020-05-29 07:31:59The French carmaker announces a €2bn cost-cutting plan after seeing a collapse in sales.

Business

How big oil is trying to win back 2020-05-29 20:00:00Supermajors claim their prospects are not as bleak as they seem

Why Asian business dynasties struggle with succession 2020-05-29 20:00:00Stanley Ho, a Macau casino magnate, who died on May 26th, aged 98, offers clues

Working life has entered a new era 2020-05-29 20:00:00Farewell BC (before coronavirus). Welcome AD (after domestication)

The Renault-Nissan alliance hunkers down 2020-05-29 20:00:00The fraying Franco-Japanese carmaking union wants to give it another go

The e-commerce boom makes warehouses hot property 2020-05-29 20:00:00The warehouse king battles a master of the universe

South-East Asian tycoons’ high-wire act 2020-05-29 20:00:00Ethnic-Chinese business dynasties contend with competing demands from their adopted homes and their newly assertive ancestral land

The global grooming industry gets cut down to 2020-05-28 10:48:00Itinerant hair stylists and barbers are a rare bright spot in a clobbered business

Business lessons from the Pentagon 2020-05-28 10:48:00How to introduce advanced technology into a stodgy organisation

Farewell for now to a golden age of 2020-05-23 00:00:00The pandemic has hurt the booze business

Zoomers, zeros and Gen Z 2020-05-22 20:00:00The pandemic has widened two divides in the labour market

America’s latest salvo against Huawei is aimed at 2020-05-22 20:00:00It may push the industry out of America, too

Walmart ekes out an edge in groceries during 2020-05-22 20:00:00America’s biggest retailer has outshone Amazon when it comes to food

Economy

Trump projects a sense of normal, but West 2020-05-18 04:30:48The White House is struggling to keep its leaders and staffers safe while pushing for the reopening of America.

'Immunity passports' won't reopen America 2020-05-18 04:30:39Antibody apps may still find a niche in the workplace.

Fed’s Powell warns unemployment could reach Depression-level 25 2020-05-17 20:42:20The Fed chief expressed hope that the economy would come out of recession in the second half of the year.

IMF chief predicts 3-year economic hit from coronavirus 2020-05-15 18:55:43The fund's Managing Director Kristalina Georgieva is urging governments to spend more and guarantee salaries.

Job losses have now hit 40% of low-income 2020-05-14 13:03:15Thirteen percent of all U.S. adults, or 20 percent of people who were employed in February, were laid off or furloughed.

Trump vs. the skeptics: Reopening fight highlights polar 2020-05-13 04:30:21Reopening quickly could boost Trump and the economy. It could also spark catastrophe.

Trump sticks with positive messaging as coronavirus misery 2020-05-11 04:30:27With deaths mounting and unemployment at a record high, the president is focused on reopening the country.

Lamar Alexander warns 'not enough money' to help 2020-05-10 12:23:07"We have to let people go back to work and earn a living," the Tennessee Republican says.

Kudlow baffled by Obama’s criticism of Trump administration 2020-05-10 10:29:38He defends the White House response to the coronavirus pandemic.

‘They’re doing it for politics’: Trump says some 2020-05-08 14:27:02The president offered no evidence to support his claim.

Trump’s hopes for ‘tremendous rebound’ crash into grim 2020-05-05 19:55:57Corporate leaders are rushing to reshape their businesses to ensure they survive. Their caution could again devastate the president’s favorite g

Trump team plots tax cuts and regulatory suspensions 2020-05-04 04:30:38The president's team is looking to bolster the economy — and turn the page from concerns about testing shortfalls.


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