Business

Coronavirus: 4 out of 5 people’s jobs affected by outbreak

[ad_1] Image copyright EPA The impact of the coronavirus outbreak on the economy is being felt globally.Restrictions on daily life have led to the closure of many companies and the laying off of staff - either permanently or temporarily.The International Labour Organization (ILO), an agency of the United Nations, has been looking at the global impact with a series of charts.A total of 81% of the global workforce of 3.3
Business

WeWork sues SoftBank after withdrawal of $3bn deal

[ad_1] Image copyright Getty Images Image caption Softbank chief executive Masayoshi Son WeWork has taken its biggest investor to court after the collapse of a key part of a multi-billion-dollar rescue deal for the troubled co-working firm.In a lawsuit, WeWork accused SoftBank of putting "its own interests" first when it abandoned a plan to buy up to $3bn of shares from other investors.SoftBank said last week it would not move
US & World

George Pell: Cardinal says he holds ‘no ill will’ over abuse claim

[ad_1] Media playback is unsupported on your device Media captionAustralian court frees Cardinal PellCardinal George Pell has said he “holds no ill will” towards his accuser after Australia's highest court overturned his conviction for child sexual abuse. The former Vatican treasurer, 78, was the most senior Catholic figure ever jailed for such crimes. In 2018, a jury found he abused two boys in Melbourne in the 1990s. But the High
Health

The incredible battle against a vicious disease

[ad_1] Stay at home; protect the NHS; save lives. We have all heard it so often in recent weeks. But with the weather improving and Easter coming, many will be tempted to bend the guidance a little.A few hours in an intensive care unit, though, would end any lingering doubts social distancing is not really that important.With cameraman Adam Walker, I spent a day with medical staff at University College
Business

Coronavirus: Six industries still crying out for help

[ad_1] Image copyright Getty Images As the coronavirus pandemic continues, more and more sectors of the economy are feeling the strain.And with banks under fire for denying emergency loans to some firms, it's hardly surprising that the UK's government is facing more calls for direct intervention.The list covers big chunks of the country's infrastructure and vital transport links, but also other, less obvious economic areas that are no less important
UK News

Coronavirus in Scotland: Sturgeon says ‘all of Scotland’ willing Johnson on

[ad_1] Image copyright Getty Images Image caption Boris Johnson met Nicola Sturgeon in Edinburgh after he became Conservative Party leader Scotland's first minister has said that all of Scotland is willing on Prime Minister Boris Johnson in his battle with coronavirus.Nicola Sturgeon said the virus had made things that divide people in normal times now seem much less important.She added that she and everyone else in the country was sending
Business

Investors seize on positive news for share markets

[ad_1] Image copyright EPA European shares joined a rally on Wall Street and in Asia as investors seized on signs that the spread of coronavirus in some hotspots may be easing.In London, Paris and Frankfurt stocks traded about 3% up, following a 7.7% rise for New York's Dow Jones index."Equities are still racing higher, as the news from key countries like Spain and Italy remains positive," said IG analyst Chris
US & World

Coronavirus: Paris bans daytime outdoor exercise

[ad_1] Image copyright Getty Images Image caption Paris residents face further restrictions on exercise Authorities in Paris have banned exercise outside during the day, as the fight against the coronavirus outbreak continues. The new rules are in force between 10:00 and 19:00 local time, and come into effect on Wednesday.Mayor Anne Hidalgo and the chief of police said this would restrict people to exercise "when the streets are generally at