As of early April, the number of flights globally was down 80 per cent compared to 2019, largely due to severe travel restrictions imposed by governments to fight the spread of the virus, according to Iata. "Several governments have stepped up with new or expanded financial relief measures but the situation remains critical. Airlines could burn through US$61 billion of cash reserves in the secon... [Full Article...]
Sanofi said it will use its genetics technology and antigen and GSK will contribute its unproven pandemic technology, which theoretically includes the ability to measure dosage and effectiveness. But she also said that they were uniquely placed to bring expertise, complementary science and - perhaps most importantly - manufacturing muscle to produce a desperately needed vaccine in the quantities ... [Full Article...]
The conversation also touched on the debate around reopening schools. "Unless they can demonstrate that the regulations, the health and safety measures, are so strict that they can completely cut off the risk factors, they're going to have to shut them down", he said. [Full Article...]
Negotiations regarding workers' pay during the shutdown are now ongoing. "Kia Motors is now reviewing the suspension of some of its plants in Korea in response to declining global demand due to Covid-19". Imports also dropped 13.0%, compared to a 14.5% rise in the previous month, according to Korea Customs Service data on Monday. KIA and Hyundai Motors both have postponed their operations in m... [Full Article...]
Each person who comes up with the right solution can use the Burger King app to get a promo code, the news release said. Students are also limited to getting one free Whopper per day, according to the king's rules . An image of the sign for Burger King as photographed on March 16, 2020, in Wantagh, New York. Millions of kids are now learning from home, so Burger King is trying to make stude... [Full Article...]
The OBR reported that the United Kingdom economy will contract by 12.8% for the year as a whole, before returning to its pre-crisis growth trend by the end of 2020. Businesses are desperate for access to cash to stay afloat, with only a small fraction of the money promised making it into the bank accounts of struggling companies. [Full Article...]
Described by Sunak as one of several "steps to make the scheme deliverable and fair", the SEISS will only be open to self-employed with trading profits up to £50,000. "My worry is that if people can not get access to the scheme until June it will simply be too late for millions". He said the remaining 5% had average annual earnings of more than £200,000 per year, so would not be covered by the s... [Full Article...]
Following the all-you-need-in-one-place principle, this residential space boasts a lavishly landscaped territory that accommodates all the entertainment, leisure, and hobby facilities you will need all within a few steps from your beautifully finished residence. [Full Article...]