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30/04/20 COVID-19 Global News Update

30 April 2020

Overview of the latest developments on Coronavirus (COVID-19).

International

Australian businesses borrow big to weather coronavirus storm

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's stock markets soar on coronavirus treatment hopes

Apr 29th, 2020viaGuardian UK - Business

Investors shrug off US growth gloom after promising data from remdesivir drug trial Coronavirus

France falls into recession as Covid-19 lockdown hits economy - business live

Apr 30th, 2020viaGuardian UK - Business

France’s economy shrank even faster than economists predicted

Shares jump on coronavirus drug hopes, oil surges

Apr 29th, 2020viaReuters UK - Top News

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.


UK

Coronavirus: Why the fashion industry faces an 'existential crisis'

Apr 29th, 2020viaBBC - Front Page

"No-one wants to buy clothes to sit at home in," as Next's chief executive Simon Wolfson puts it.

Big insurers face fresh coronavirus claim threat from UK hospitality sector

Apr 29th, 2020viaReuters UK - Business News

Coronavirus slashes UK car output as industry warns of big hit

Apr 29th, 2020viaReuters UK - Top News

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.

Mastercard sees spending return as economies open after coronavirus gloom

Apr 29th, 2020viaReuters UK - Business News


General UK News

Coronavirus: Northern Ireland universities face losing ''more than £140m'

Apr 30th, 2020viaBBC World - Northern Ireland

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.

Major home testing programme for coronavirus will track levels of infection in the community

Apr 29th, 2020viaHM Government (gov.uk) - Coronavirus Updates

100,000 people will be sent self-testing kits to determine if they are currently infected.

UK to test 100,000 people for COVID-19 to check spread

Apr 29th, 2020viaReuters UK - Health News

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.

Coronavirus 'could affect football calendar for two or three years'

Apr 29th, 2020viaBBC - Front Page

Coronavirus could impact on the international football calendar for "two or three years", says a member of Uefa's executive committee.


Global Situation

Trump administration to speed coronavirus vaccine development: official

Apr 29th, 2020viaReuters UK - Health News

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 records biggest daily rise in coronavirus cases

Apr 29th, 2020viaReuters UK - World News

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.

Coronavirus: Japan's low testing rate raises questions

Apr 29th, 2020viaBBC - Front Page

Japan's relatively low rate of virus testing raises questions about how it has tackled the pandemic.

Yemen records multiple coronavirus cases for first time; U.N. fears more

Apr 29th, 2020viaReuters UK - World News

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.


Legal Developments

Coronavirus: Jury trials face 'biggest change since WW2'

Apr 29th, 2020viaBBC - Front Page

Measures last seen in World War Two will be needed to allow jury trials to resume, says top judge.

To read more from DWF on COVID-19 visit our insights hub >

Further Reading

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