Apr 30th, 2020viaReuters UK - Financial Services News
Australian business borrowing surged by the most in three decades in March as firms stockpiled cash to see them through a widespread economic lockdown that is only now being eased slightly in some states.
World stock markets surged on Wednesday following encouraging news for an experimental COVID-19 treatment and some positive earnings reports, while beaten-up oil prices soared.
The British car industry faces losing output worth more than 8 billion pounds due to the coronavirus outbreak, which cut production in March by a third, falling to its lowest level since 2009, an industry body said on Thursday.
Universities in Northern Ireland face multi-million-pound losses due to the coronavirus pandemic. Queen's University (QUB) could face up losses of up to £80m in a worst case scenario.
Britain plans to test a randomly chosen group of 100,000 people for COVID-19 as part of its efforts to understand infection rates better before loosening restrictions on the public, its health ministry said on Thursday.
The Trump administration is planning to speed up development of a coronavirus vaccine with the goal of having 100 million doses ready by the end of 2020, a senior administration official said on Wednesday.
South Africa reported another 354 cases of the coronavirus on Wednesday, the most new cases recorded in one day and bringing the total in the country to 5,350, the health department said in a tweet.
Yemeni authorities reported multiple coronavirus infections for the first time on Wednesday after the United Nations said it feared the disease could be spreading undetected in a country where millions face famine and lack medical care.
On 5 January 2021, the Gulf Cooperation member states and Egypt signed the "Al-Ula Declaration" at the 41st GCC Summit (the "Declaration"). This ended a three year dispute, which began on 5 June 2017, and confirms that political and economic ties between signatory nations will be restored.
DWF has advised AIM listed software specialist K3 Business Technology plc on the sale of its managed services business, Starcom Technologies Limited, which will become part of Node4 Limited.
In this article, our EU and UK Retail Sector teams review the resumption of trade in shopping centres, challenges for each market and the key legal issues they expect to face.
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