Blog Layout

Coronavirus: Boris Johnson has zero margin for error

Uk prime minister's questions in london

The instruction given by Boris Johnson to the British people on March 23 was dead simple: “You must stay at home.” The pithiness and urgency of that message, the alarming rise in deaths, and the UK prime minister’s subsequent hospitalisation with Covid-19 all reinforced the instruction. People got it. Some say it was too successful. Many Britons don’t seem to ...

Read More »

US risks recession 2.0 during Covid-19

Anti lockdown protest in california

As states relax shelter-in-place orders, the economy should bounce back a bit this month and next. Continued fears among consumers and businesses mean the US won’t be back to February’s levels any time soon, but the early April collapse might mark a low as we adjust to our new pandemic normal. The bigger worry might be July, as three key ...

Read More »

Government staff should be able to sue over Covid-19

Ppe production in northern ireland

05 May 2020, Northern Ireland, Magherafelt: Workers manufacture Personal protective equipment (PPE), including face shields, for health workers at the Bloc Blinds factory. Photo: Peter Morrison/PA Wire/dpa[/caption Suppose you’re working in an essential industry and your employer hasn’t provided you with adequate personal protective equipment. Maybe you say to yourself, “Okay, there’s a shortage, they’re trying.” Then you discover that ...

Read More »

Pompeo: US delays report on Hong Kong’s autonomy

Labour day in hong kong

Bloomberg The US delayed an annual report to Congress assessing Hong Kong’s autonomy, Secretary of State Michael Pompeo said, amid signals that China’s top agency in the city could take a more hands-on role. The postponement will “allow us to account for any additional actions that Beijing may be contemplating in the run-up to the National People’s Congress that would ...

Read More »

11 dead, thousands evacuated in gas leak at India plant

Top dc india seven dead, thousands evacuated in india gas leak copy

Bloomberg An overnight gas leak at an LG Chem Ltd polymer plant in southern India has killed at least 11 people and forced the evacuation of thousands in the city of Visakhapatnam after the company tried to restart operations following the partial easing of the country’s coronavirus lockdown. “The unfortunate event took place past midnight when they tried to restart ...

Read More »

Virus origin search heats up as WHO seeks China mission

Coronavirus outbreak in china

Bloomberg The World Health Organization (WHO) is considering a new mission to seek the source of the coronavirus in China, amid growing controversy over the origin of a pandemic that has killed more than a quarter of a million people. “Without knowing where the animal origin is, it’s hard to prevent it from happening again,” Maria Van Kerkhove, a WHO ...

Read More »

Covid-19: France set to ease lockdown

Coronavirus crisis in france

Bloomberg France will lay out its plan to roll back lockdown measures, joining countries including Germany, Italy and the Netherlands in easing restrictions as the economic pain from the fallout of the coronavirus intensifies. French Prime Minister Edouard Philippe was expected to unveil final details of his plan to end curbs on public life on Thursday. The country is preparing ...

Read More »

Japan set to approve remdesivir for virus

Japanese prime minister shinzo abe press conference in japan

Bloomberg Japan was set to approve on Thursday the antiviral drug remdesivir for use against the novel coronavirus, Prime Minister Shinzo Abe said, without giving details. The relatively quick move by Japan’s usually conservative authorities is expected days after the US authorised Gilead Sciences Inc’s drug for emergency use on virus patients. Abe did not indicate in an interview earlier ...

Read More »

Prudential expects $200m earnings cut

Prudential copy

Bloomberg Prudential Financial Inc. expects coronavirus deaths to cut earnings by about $200 million this year after it swung to a net loss in the first quarter. The life insurer’s earnings will be hardest hit in the second quarter, by an estimated $135 million, company executives told analysts on a conference call. That assumes 100,000 fatalities in the US and ...

Read More »

Virgin Media, O2 combine to create $38 billion heavyweight

Lead pix copy

Bloomberg Telefonica SA and Liberty Global Plc have agreed to create the UK’s largest phone and internet operator, threatening their rivals and marking another industry-defining deal for billionaire John Malone. The deal values the new company at 31 billion pounds ($38 billion), with Telefonica’s O2 being valued at 12.7 billion pounds and Liberty’s Virgin Media valued at around 18.7 billion ...

Read More »
Send this to a friend