Business News

Newest coronavirus: Dozens examined as new clusters emerge within the Malaysian state

Bar owners and restaurateurs in Marseille took to the streets to protest a two-week hospitality ban that went into effect on Saturday. The first deputy mayor of the southern city, Benoît Payan, described the curbs as an "affront", but French health minister Olivier Véran said the "health situation in Marseille was" severely deteriorated”.

Spain's response to Europe's worst coronavirus resurgence has been in chaos when the Madrid regional authorities defied a call by the national government to put new restrictions on the entire capital. The dispute lifts the Governance crisis that accompanied the pandemic in Spain.

US home loan debt collectors have been on a hiring frenzy to deal with a barrage of defaults – one alarming omen for owners of commercial mortgage-backed securities. The onset of coronaviruses and global lockdowns have put a large number of commercial properties at risk and demanded from these companies.

Chinese sovereign debt is slated to be included in the FTSE Russell World Government Bond Index, paving the way for $ 140 billion in the country's capital markets. Low yields as central banks provided monetary policy stimulus to fight the coronavirus pandemic have done so enticed investors in the Chinese market.

Two of the UK's largest supermarkets have been reintroduced Shopping limits on staple foods. Tesco has set a purchase limit of three items for flour, pasta, toilet paper, baby wipes and antibacterial wipes from Friday morning. His move follows a similar decision by smaller rival Wm Morrison, which restricted various products, including toilet paper and bleach.

Apple will temporarily cut its controversial App Store fees for businesses forced by the pandemic to focus on online events unexpected concession after increasingly loud complaints. The exception, which runs through the end of the year, will affect sales made through the iPhone apps of companies like Facebook, Airbnb, and ClassPass.

Andrew Neil leaves the BBC to run a competing news channel supported by US group Discovery. GB News, a right-wing station With Neil as chairman and top moderator, the launch plans to start early 2021 with the goal of improving UK broadcasting norms for current affairs. GB News has yet to raise the $ 55-65 million to fund the station.

The German industrial group Bosch has developed a Covid-19 test which, according to its own information, can deliver a result in just under 40 minutes and can be processed with a portable device. Partly financed by the federal government, the test could be taken at Airports and sporting eventsBosch said on Friday, allowing people to wait for the results.

Related Articles