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Stretched British supermarkets step-up hiring to ride out health crisis

With food flying off the shelves as fast as exhausted shop assistants can replenish them, British supermarkets have stepped up their hiring to see them through the coronavirus crisis.



4 years ago

Spain to treat thousands of coronavirus patients in conference hall as toll tops 1,000

Spanish authorities said on Friday they would turn a Madrid conference center into a giant makeshift military hospital for thousands of coronavirus patients, as Europe's second-worst outbreak claimed another 235 lives.



4 years ago

Lyft offers drivers to sign up for delivery services, founders donate salaries during coronavirus

Lyft Inc on Friday told drivers they could sign up for delivery services for healthcare, government services and groceries as ride-hailing demand plummeted during the rapid spread of coronavirus in the United States.



4 years ago

Uber suspends taxi service in Saudi Arabia until further notice: statement

Uber Taxi suspended its operations in Saudi Arabia until further notice due to measures announced by interior ministry, a company statement said on Friday.



4 years ago

Coronavirus leaves 300,000 EU citizens stranded abroad - Borrell

As many as 300,000 European Union citizens are seeking repatriation due to the coronavirus outbreak, with Latin America and Southeast Asia two regions from where it is proving tough to get people home, the EU's top diplomat said on Friday.



4 years ago

Coronavirus death toll in England rises to 167

A further 39 people have died in England after testing positive for the coronavirus, bringing the total number of confirmed deaths in the country to 167, the National Health Service said on Friday.



4 years ago

Steep capacity cut leaves airlines with overhedged jet fuel headache

The collapse in global passenger flights has left airlines with fresh challenges: how to manage overhedged jet fuel positions as oil prices crashed to just a third of some contracts agreed in anticipation of rising prices and solid air travel demand.



4 years ago

French nuclear plants tighten hygiene procedures over coronavirus worries

French utility EDF is introducing stricter hygiene procedures at its nuclear plants after walk-outs by a small number of workers who feared getting infected with coronavirus during radiation screening, union and industrial sources said on Friday.



4 years ago

Poland donates 430 thousand litres of confiscated spirits for disinfectant

Nearly half a million litres of confiscated vodka and rectified spirit will be sent to Polish public institutions in need of disinfectant amid the coronavirus outbreak, Poland's prosecutor's office said on Friday.



4 years ago

Here's how your coronavirus rescue check from the government could be taxed

As Washington haggles over how much money to send to Americans in the wake of the coronavirus epidemic, there could be one more side effect: taxes. Here's how much the government is currently thinking about sending you, and how much of a cut it may or may not take.

4 years ago

Junk bond default rate to triple within 12 months, S&P says

S&P Global Ratings said the default rate for high-yield, or junk, bonds is heading to 10% over the next 12 months, more than triple the rate of 3.1% that closed out 2019.

4 years ago

Education Dept. says borrowers can now pause student loan payments amid pandemic. They already could

U.S. Department of Education Secretary Betsy DeVos announced on Friday that student loan borrowers could put their monthly payments on pause for at least 60 days during the coronavirus outbreak. But this option was already available.

4 years ago

How the UK economy can survive the coronavirus

Ten | Sam Bowman and Sam Dumitriu | March 20, 2020 The UK is shutting down, and a recession is inevitable. Rishi Sunak has vowed to do ‘whatever it takes’ to protect incomes, businesses, and jobs. But what should he actually do? It is essential that he, and the British public more widely, realise that

4 years ago

Covid-19: Resources and Guides for Businesses

NCFA | March 20, 2020 Resources and Guides for Businesses Canada’s COVID-19 Economic Response Plan: Support for Canadians and Businesses Business Development Bank of Canada - Business continuity plan and templates for entrepreneurs Business Development Bank of Canada – Support for entrepreneurs impacted by coronavirus Coronavirus disease (COVID-19): Resources for Canadian businesses Export Development Canada

4 years ago