LONDON (UK) -The four nations of the United Kingdom have agreed to relax COVID-19 restrictions for Christmas to allow up to three households to meet at home for five days. England, Scotland, Wales and Northern Ireland have taken differing approaches to handling the pandemic so far but the
GENEVA (Switzerland) – A spokesman said on Tuesday that World Health Organization team in China to probe the origins of COVID-19 had “extensive discussions” with scientists in Wuhan where the outbreak was first detected. It included updates on animal health research, he said. China closed down a wildlife market in Wuhan at the start of […]
LONDON (UK) – The British government will effectively drop its air bridge plans and put an end to the coronavirus quarantine rules for the people arriving from 75 countries so that they can go on holiday, according to reports from The Daily Telegraph. The newspaper said the UK would soon remove a ban on non-essential […]
LONDON (Finance) – BlackRock’s Investment Institute said on Tuesday it was “warming up” to European assets following what it called the eurozone’s “impressive” efforts to tackle the coronavirus. The research arm of the world’s biggest fund manager said two factors would support Europe’s economy and financial markets in
LONDON (UK) – A poll of property market analysts has revealed that British home prices are likely to fall this year and there is little chances to recover those losses until the 2022 in the wake of high unemployment rates following the spread of coronavirus. . Britain’s economy shrank by a quarter over March and […]
BEIJING (Business) – China’s factories stepped up production for a second straight month in May, as the country shook off the economic torpor of the coronavirus, although the weaker-than-expected gain suggested the recovery remained fragile. Patchy data on Monday also showed sustained contractions in retail sales and investment, a sign many sectors were still
LONDON (UK) – Prime Minister Boris Johnson and the Education Minister Gavin Williamson are working to ensure the reopening of all schools in September. They are also working to provide support packages to aid students to catch up on lost learning. Schools, councils and unions are working to ensure all children can be back in […]
MOSCOW (World) – Russia reported 8,706 new coronavirus cases on Saturday, raising its cumulative tally above 520,000 as data showed that more than 2,700 people infected with the virus had died in April. With 520,129 cases, Russia has the third highest number in the world after the United States and Brazil. Its official death toll […]
MUMBAI (Asia) – For doctors and healthcare workers in India’s financial capital Mumbai who are grappling with surging coronavirus infections, the onset of the annual monsoon poses a serious threat – a new wave of patients with vector-borne diseases. Already stretched by a shortage of medics and critical care beds, the situation in Mumbai might […]
LONDON (Finance) – The coronavirus pandemic has had a devastating impact on companies around the world, but in poorer emerging economies where balance sheets and credit ratings were already weak, the damage is looking particularly widespread. Of the almost 1,800 rating cuts or downgrade warnings S&P Global has made since the virus exploded, 420 have […]