Markets
UK plans cut in Huawei's 5G network involvement
Huawei did not comment so far on the development. PM Boris Johnson is considering minimizing the role of Huawei in U.K.'s 5G network. According to the Telegraph , the new plans come in light of growing opposition against Chinese investment from members of Johnson's own party and a lack of transparency over Beijing's handling of the coronavirus pandemic. [Full Article...]
COVID-hit Burberry scraps the dividend payment
Britain's Burberry said the luxury fashion industry would take time to recover from the profound impact of the coronavirus outbreak that lowered its comparable sales by 27 per cent in the final quarter and led it to scrap its final dividend. [Full Article...]
Marston's to merge brewing arm with Carlsberg UK in £780m deal
The new Carlsberg Marstons Brewery Company will create "synergies and productivity" benefits, Marston's said. The combined brand portfolio will include iconic brands such as Marston's Pedigree, Hobgoblin, Poretti and Wainwright as well as world beers and regional ales. [Full Article...]
Oxford University includes children and seniors in vaccine trials
Now scientists want to recruit more than 10,000 people across the country for phases two and three, which involve vastly increasing the number of volunteers and expanding the age range to include older adults and children. The novel coronavirus strain was isolated and characterised at the Indian Council of Medical Research " s National Institute of Virology, Pune, and the vaccine candidate has bee... [Full Article...]
Air France retires Airbus A380 in coronavirus response
In what appears to be a growing list of "aircraft we're unlikely to see in the sky after Coronavirus" the A380 is seemingly cementing its place as Air France (AF/AFR) becomes the latest airline to retire its fleet of Super Jumbos. The airline already has four Airbus A350-900 aircraft and nine Boeing 787-9 Dreamliners, and it also has an additional 34 A350s on order, which will likely help re... [Full Article...]
It's Official, You Should Never Keep Your Chocolate In The Fridge
But people were having none of his claim that chocolate should be kept out of the fridge, prompting Bruno to head to Twitter , to ask Cadbury for answers. Cadbury's Australia confirmed the correct chocolate storage etiquette on Twitter . "Chocolate is very susceptible to temperature changes, more specifically getting too warm". [Full Article...]
BC announces 12 new COVID-19 cases, death toll rises to 152
Bonnie Henry, B.C.'s provincial health officer, have today (May 23) issued the following joint statement regarding updates on the novel coronavirus (COVID-19) response in British Columbia. There are now five people associated with that outbreak who have tested positive for COVID-19. So far, 2,057 people have recovered from their illness, meaning there are only 303 active infections in the provin... [Full Article...]
US charges ousted Hollywood executive with defrauding pandemic loan program, BlackRock fund
He allegedly did this after falsely telling JPMorgan Chase and the Small Business Administration the funds were meant for his former company Aviron Group, which had terminated him in December and where he has no current role. 'I can't tell you that he made the decision purely because his daughter was in the movie, but I can tell you BlackRock approved that financing after turning down the opportun... [Full Article...]