Economic News
UK company earnings in recession before Covid-19 crisis - survey
UK company earnings were in a prolonged earnings recession even before the Covid-19 crisis erupted, a survey showed.
UK's Johnson does not have pneumonia - spokesman
UK Prime Minister Boris Johnson did not have pneumonia and was breathing without the assistance of a ventilator, a Downing Street spokesman confirmed on Tuesday.
Fastjet warns on future as FedAir sheds jobs, cuts wages
African budget airline Fastjet warned that its future was under threat unless it raised fresh capital or sold its Zimbabwe operations as jobs and salaries were cut in response to the coronavirus.
Millions of jobs at risk as airlines running out of cash - IATA
At least 25 million jobs could be at risk around the world from the slump in passenger traffic caused by the coronavirus pandemic, the airline industry body warned on Tuesday.
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.
FCA warns scammers, firms trying to exploit Covid-19 crisis
Britain's financial regulator said it would clamp down on any market behaviour that tried to exploit the coronavirus crisis “with all relevant force”.
House prices flat in March before lockdown - Halifax
UK house prices were steady in March before the coronavirus lockdown came into effect but activity is set to fall "sharply" in the coming months, according to figures released by Halifax on Tuesday.
Shoppers defied Covid-19 lockdown during warm weekend
Retail footfall jumped at the weekend as warm weather tempted shoppers to flout social distancing measures introduced to restrict the spread of Covid-19, a survey showed.
German industrial production edged up before Covid-19 hit
German industrial output unexpectedly rose in February before the Covid-19 crisis spread to Europe's biggest economy, official figures showed.