COVID-19 Business News

Oil tanker at sea, platform in background

Oil price hits negative territory, Virgin ailing, firms need wage aid

CORONAVIRUS infections are dropping in many countries, but corporate and financial impacts are increasingly being felt. Virgin Australia is going into administration, the US oil...
shop door, open sign

A nation of shopkeepers? Entrepreneurs, more like!

ENTREPRENEURIAL Britain is a two-day initiative planned for 2021 and designed “to reignite the entrepreneurial spirit” of UK towns and cities. The outbreak of Covid-19...
US Federal Reserve building

Holdun Family Office finds serenity and growth amid pandemic chaos —...

Holdun’s uncorrelated Alternative Investment Funds provide shelter from the oscillations of the volatile equity market. MICHAEL O’CONNOR reports. THE FIRST half of 2020 has been...
EU flag coronavirus graphic

Fresh EU coronavirus recovery package has detractors up north

EU HEADS have agreed to set up a €540bn post-pandemic recovery fund, tied to the EU’s seven-year budget. European Council president Charles Michel, who chaired...
King's College London

King’s Business School co-ordinates study for embattled entrepreneurs

KING’S Business School in London is calling on entrepreneurs worldwide to participate in a study to help business owners survive the COVID-19 crisis. With livelihoods...
Farmed mink in cage

Covid mink stole the future of the despised fur industry

by Hal Williams THE EUROPEAN fur industry is reeling — to the dismay of fashion victims and the relief of animal rights supporters. Denmark's mass culling...
Hybrid event, TED Talk

New Normal, old thrills: do hybrid events cut it?

By JOE SHEPPARD SLOWLY but surely, the world is spinning back into a familiar rhythm. The gradual return to the office is gathering pace. Theatres and...
British Airways

Quarter of BA jobs going: 12,000 staff members face the axe

BRITISH Airways says it will be forced to make up to 12,000 staff redundant because of the global collapse of air travel. CEO Alex Cruz...
Shaking hands with blue latex gloves (Image by rawpixel.com)

PPE glove manufacturer to shut half its plants as Covid hits

By Hal Williams IN A BLEAK Covid irony, the world's largest manufacturer of personal protection latex gloves will shut 28 of its factories — because...
coronavirus, masks

World Bank commits £9.4bn aid to help poor countries fight virus

THE WORLD Bank has committed $12bn (£9.4bn) to help developing countries cope with the spread of coronavirus. The aid package includes technical assistance as well...