Full List Of Stories
Uber UK launches app to find workers other gig jobs
Uber UK has launched an app called Work Hub for its drivers to view other gig work opportunities in a move to help them supplement pandemic-hit ride-hailing earnings.
EU proposes €15bn fund to support strategic firms
The European Commission proposed setting up a €15bn fund to invest in strategic companies that have been especially affected by the coronavirus crisis.
Friday broker round-up
Admiral Group: Barclays downgrades to equal weight with a target price of 2,304p.
Renault to cut 14,600 jobs in factory restructuring
Renault announced on Friday that it would be slashing 14,600 jobs as part of a restructuring of its factories in France to reduce costs.
Jack Dorsey stands by fact-check on Trump tweet
Twitter chief executive officer Jack Dorsey said he stands by the company’s decision to fact-check two tweets by President Donald Trump despite the White House’s intense criticism.
SpaceX delays first astronaut launch
SpaceX’s first manned launch scheduled for Wednesday was delayed after a storm hit with just 17 minutes left on the countdown.
Thursday broker round-up
Provident Financial: RBC Capital Markets reiterates sector performer with a target price of 195p.
IKEA delays expansion into South America until 2022
IKEA has delayed its expansion into South America until 2022 due to the Covid-19 pandemic which has slowed construction work.
GSK to produce 1bn doses of vaccine boosters
Pharmaceutical company GlaxoSmithKline announced it will produce 1bn doses of coronavirus vaccine booster in preparation for an eventual immunisation drive.
Huawei CFO denied right to immediate release in extradition fight with US
Huawei finance director Meng Wanzhou lost a major battle in her fight against extradition to the US with Canadian authorities refusing to immediately release her and ensure her return to China.
Coronavirus crisis pushes more than half of US parents into debt
Around 56% of US parents have had to go into debt in these past few months in order to cope with the economic fallout of the coronavirus crisis, a survey found.
HBO plans cheaper streaming services for 2021
AT&T’s Warner Media plans to release an ad-supported version of the HBO Max streaming service in 2021.
Tesla cuts prices by as much as 6% in North America
Tesla announced a cut of up to 6% in the price of its vehicles in North America with the aim of boosting demand.
Wedneday broker round-up
Hurricane energy: Canaccord downgrades to speculative buy with a target price of 16p.
Google plans to get employees back to offices
In a blog post, Google and Alphabet CEO Sundar Pichai wrote about company plans to return some of its workforce to its offices.
Italian research claims 96% of Covid-19 victims suffered pre-existing illnesses
Research into Covid-19 infections in Italy found that 96% of fatalities suffered from pre-existing medical conditions.
WHO pauses hydroxychloroquine trials to fight coronavirus due to health concerns
The World Health Organization on Monday decided to temporarily suspended its trial of hydroxychloroquine to combat the deadly coronavirus over safety concerns.
UN calls for support for developing countries hit by pandemic
UN officials said they will meet with over a dozen world leaders on Thursday to discuss shoring up financial support for developing countries struggling with the coronavirus pandemic.
Hong Kong leader claims new security law will not hurt freedoms
Hong Kong leader Carrie Lam said on Tuesday that Beijing’s proposed national security law for the city will not hurt citizens' freedoms.
NASA and SpaceX confirm first astronaut launch
NASA and SpaceX confirmed on Tuesday that they are readying their first astronaut launch since the beginning of their Commercial Crew program in 2010.