Full List Of Stories
Airlines call for amendment of carbon deal due to coronavirus crisis
Airlines are lobbying to amend the recently agreed carbon scheme designed to bring down the aviation sector's emissions as the Covid-19 coronavirus crisis makes it harder for carriers to meet their agreed targets.
UK government launches inquiry into potential Chinese interference in UK hi-tech
The Commons have opened an inquiry into potential asset-stripping of UK high-tech firms on Wednesday.
Tesla to cut pay after production suspended
Tesla announced on Tuesday that it will cut all salaried employees’ pay and furlough hourly workers after the coronavirus pandemic forced the manufacturer to shut production down.
Wednesday broker round-up
Travis Perkins: JP Morgan downgrades to underweight with a target price of 920p.
Trump lashes out at WHO and threatens to withdraw funding
US President Donald Trump lashed out at the World Health Organization late on Tuesday over it’s handling of the coronavirus pandemic and threatened to withhold US funding.
Twitter CEO donates 28% of personal fortune to coronavirus fight
Twitter CEO Jack Dorsey is donating 1$bn, which equates to 28% of his personal fortune, to fund the global Covid-19 relief.
Whatsapp to introduce limit on message forwards to fight against misinformation
Whatsapp is restricting the frequency of messages forwarded to a group of people on its platform to fight against the spread of misinformation.
Wellcome Trust calls on firms to donate $8bn for coronavirus research
The Wellcome Trust London-based charity is calling on big businesses to donate $8bn for research to attempt to develop tests, therapies and vaccines to fight the ongoing coronavirus pandemic.
Tuesday broker round-up
United Utilities: RBC Capital Markets upgrades to outperform with a target price of 975p.
Boeing suspends 787 production at South Carolina plant
Boeing said late on Monday that it will suspend production of 787 jets at its South Carolina factory as the coronavirus pandemic spreads across the US.
Monday broker round-up
Anglo American: RBC Capital Markets downgrades to sector perform with a target price of 1,500p.
EU probes Facebook's online classifieds service
The European Union’s probe into media giant Facebook will now focus on whether the social media network is distorting the classified advertising market by promoting its own Marketplace.
Court rules Volkswagen guilty of installation of unlawful 'defeat devices'
The High Court has ruled that carmaker Volkswagen installed unlawful “defeat devices” in thousands of its diesel vehicles in England and Wales in emissions litigation.
Global car industry revenue hit $100bn by pandemic
The Covid-19 coronavirus is severely impacting consumer and business behaviour and threatens to erase around $100bn in global full-year revenues from the automotive industry with UK car sales having already fallen 44. 4% in the key month of March.
Ford to maintain lockdown at European factories until at least 4 May
Ford Motor said on Friday that it would extend the halt on activity at its European factories until at least 4 May.
Brazilian president lashes out at 'dictatorial' Rio beaches ban
Brazilian President Jair Bolsonaro lashed out at the “dictatorial” move to stop citizens from going to the beach in his latest tirade against efforts to tackle the coronavirus disease.
Friday broker round-up
National Grid: Deutsche Bank downgrades to hold with a target price of 910p.
Airbnb internal valuation drops 16% to $26bn
Apartment rental site Airbnb lowered its internal valuation compared to its latest funding round by 16% to reach $26bn.
UK cough and cold medicine prices rise 10.7%
The price of cough and cold medicine rose by 10. 7% last week as retailers take advantage of the rise in demand due to the coronavirus outbreak.
Richard Branson defers Virgin brand payments over coronavirus crisis
Richard Branson will defer tens of millions of pounds in fees owed in brand licensing by Virgin branded companies in response to the coronavirus crisis.