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FDA policy change takes aim at coronavirus test shortages

Bloomberg Qualified labs will be able to develop and use their own coronavirus screening tests without waiting for an FDA authorisation, under a policy change that aims to address test-kit shortages that have come under heavy criticism. The Food and Drug Administration announced the move, hours after the Centres for Disease Control and Prevention announced four new cases of the ...

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Property world summit postponed on virus fears

Bloomberg The world’s biggest property event held on the French Riviera has been pushed back to June over concern about the coronavirus epidemic, the summit organisers said. The four-day event, known as MIPIM, will now take place June 2-5 in Cannes instead of its usual March slot. “The well-being of our clients and staff is our priority,” Paul Zilk, chief ...

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Sajid Javid planned tax cut before resignation

Bloomberg Sajid Javid was planning to reduce the basic rate of income tax, cut the tax on home sales and offer relief on capital investments in the budget he was expecting to present as Boris Johnson’s finance minister. In an interview with the Times conducted two weeks after he quit the government in a dispute with the prime minister, Javid ...

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