Business

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Coronavirus: Six things that are booming in sales
Posted on March 29, 2020 at 12:47 am

Amid the virus, some retailers are seeing trade collapse, but others are overwhelmed by demand. […]

Dairy farmers 'could go under' despite milk demand rise
Posted on March 29, 2020 at 12:02 am

Main UK milk processor Freshways says its price cut was forced by a drop in pub and coffee shop trade. […]

Coronavirus: Calls for better workplace social distancing guidance
Posted on March 28, 2020 at 6:33 pm

Hundreds of people raise concerns about workers being too close together at more than 150 companies. […]

Coronavirus: OneWeb blames pandemic for collapse
Posted on March 28, 2020 at 9:00 am

OneWeb, the high-profile London-based satellite start-up, files for bankruptcy protection in the US. […]

‘My dream home hangs in the balance’
Posted on March 28, 2020 at 5:54 am

Government advice to "postpone a move if at all possible" amid the coronavirus outbreak has left many plans in flux. […]

Coronavirus: A visual guide to the economic impact
Posted on March 28, 2020 at 12:37 am

Key maps and charts explain how the virus has impacted markets and businesses around the world. […]

Drop in consumer confidence sends US stocks lower again
Posted on March 27, 2020 at 8:47 pm

A closely watched survey finds US consumer confidence at the lowest level in three years. […]

Coronavirus: Virgin Atlantic to seek bailout in coming days
Posted on March 27, 2020 at 8:31 pm

The airline is to ask the government for cash to keep going after coronavirus leads to travel slump. […]

Coronavirus: 2,000 jobs at risk as Carluccio's faces collapse
Posted on March 27, 2020 at 5:50 pm

The food chain is in talks with administrators after previously warning of coronavirus impact. […]

John Menzies axes 17,500 jobs amid travel slump
Posted on March 27, 2020 at 5:28 pm

The aviation services firm says it is cutting costs to mitigate the effects of the coronavirus outbreak on its business. […]

Food wholesalers offer online orders to sell stock
Posted on March 27, 2020 at 4:41 pm

After trade from business stops, food and drink wholesalers are launching online home deliveries. […]

Coronavirus: People urged not to move house
Posted on March 27, 2020 at 4:34 pm

Buyers and renters should delay moving while emergency measures are in place, the government says. […]

Rent-to-own firm Brighthouse calls administrators
Posted on March 27, 2020 at 4:03 pm

Some 2,400 staff face the loss of their jobs as the company is expected to fall into administration. […]

Coronavirus: Key workers allowed to carry over holiday
Posted on March 27, 2020 at 3:25 pm

"Use it or lose it" annual leave rules scrapped for essential workers needed to combat coronavirus. […]

Coronavirus: Minister defends wait for self-employed bailout
Posted on March 27, 2020 at 12:52 pm

Some people who fall outside the terms of the rescue grants say their hopes have been dashed. […]

Coronavirus: Sports Direct boss 'deeply' sorry for virus blunders
Posted on March 27, 2020 at 11:28 am

Mike Ashley admits it was a mistake to lobby the government to keep his shops open. […]

Coronavirus: Tesco restricts online orders to 80 items each
Posted on March 27, 2020 at 11:11 am

It is the latest in a series of measures to safeguard people and supplies during the coronavirus pandemic. […]

Coronavirus: Asia shares up on multi-trillion dollar stimulus hopes
Posted on March 27, 2020 at 2:25 am

Investors are betting that measures by the US and G20 will ease the economic impact of the pandemic. […]

Designer brand Ralph Lauren to make masks and gowns
Posted on March 27, 2020 at 1:49 am

Luxury fashion brands are shifting manufacturing to make vital medical wear for the coronavirus effort. […]

The uncertain future for China's electric car makers
Posted on March 27, 2020 at 12:02 am

China is the biggest market for electric vehicles, but the coronavirus is the latest blow to shake the industry. […]

US stocks rally despite record unemployment claims
Posted on March 26, 2020 at 10:35 pm

The gains cap the best three-day streak for the Dow and S&P 500 since the Great Depression. […]

Coronavirus: Next makes U-turn on shutting warehouses
Posted on March 26, 2020 at 10:18 pm

Next said it had "listened carefully" to its staff who "increasingly felt" they should be at home. […]

‘I’m devastated there’s no support for me’
Posted on March 26, 2020 at 9:38 pm

Some self-employed workers will fall through the net, while others say they need the help sooner. […]

Coronavirus: UK government unveils aid for self-employed
Posted on March 26, 2020 at 8:30 pm

The self-employed will be paid up to £2,500 a month to help them cope with the coronavirus crisis. […]

Coronavirus: Wages, sick pay and time off explained
Posted on March 26, 2020 at 7:49 pm

What is happening to workers' wages and sick pay during the coronavirus outbreak? […]



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Mexico's President says will comply with public vote to halt brewery project
Posted on March 29, 2020 at 1:27 am

Mexico's President Andres Manuel Lopez Obrador on Saturday said his government will comply with a public consultation to halt the construction of U.S. brewer Constellation Brands Inc's more than $1 billion brewery project in the border city of Mexicali. […]

Clothing rental service Rent the Runway lays off workers amid coronavirus outbreak
Posted on March 29, 2020 at 1:21 am

U.S. clothing rental firm Rent the Runway said on Saturday it had laid off retail employees following temporary store closures amid the ongoing coronavirus outbreak. […]

Pence says virus taskforce soon to deliver recommendation on whether to re-open economy
Posted on March 29, 2020 at 1:06 am

Vice President Mike Pence, heading the Trump administration's response to the coronavirus outbreak, said on Saturday that he would deliver a recommendation to the president on whether to re-open the U.S. economy in the coming week. […]

Airbnb hosts to provide free rooms for British health workers
Posted on March 29, 2020 at 12:56 am

Airbnb hosts will provide free rooms for workers in Britain's National Health Service (NHS) to support their work during the coronavirus outbreak, the company said on Sunday. […]

UK broadband providers lift data caps during coronavirus crisis
Posted on March 29, 2020 at 12:36 am

Britain's big telecoms providers have agreed to remove all data caps on fixed-line broadband services that have become a lifeline for people isolated at home during the coronavirus crisis, the government said on Sunday. […]

Ackman says Pershing Square no longer has hedges on stocks
Posted on March 28, 2020 at 10:46 pm

William Ackman's Pershing Square Capital Management no longer has hedges on its stock portfolio, but still has some cash to invest if equities decline further as the United States battles the coronavirus outbreak, the billionaire investor said on Saturday. […]

Exclusive: Amazon entices warehouse employees to grocery unit with higher pay
Posted on March 28, 2020 at 3:32 pm

Amazon.com Inc is offering higher pay to recruit its own warehouse employees to pick and pack Whole Foods groceries amid rising demand and a worker shortage, according to an internal document reviewed by Reuters. […]

As virus threatens, U.S. embraces big government, for now
Posted on March 28, 2020 at 12:44 pm

It may, as House Majority Leader and Maryland Democrat Steny Hoyer said on Friday, be out of love that the United States agreed to shut down much of its economy to stop a viral epidemic and save lives. […]

Condom shortage looms after coronavirus lockdown shuts world's top producer
Posted on March 28, 2020 at 4:12 am

A global shortage of condoms is looming, the world's biggest producer said, after a coronavirus lockdown forced it to shut down production. […]

Factbox: Carmakers churn out machines, masks to help fight coronavirus
Posted on March 28, 2020 at 1:30 am

Auto companies and suppliers around the world are ramping up production of critical healthcare products and machines - everything from cloth face masks to sophisticated ventilator systems - to meet a critical shortage of those items at hospitals and care facilities in North America, Europe and Asia. […]