Coronavirus Australia update: national cabinet releases plans for return of international students – politics live | Australia news

Anthony Albanese asks Scott Morrison about the VC for Tasmanian Teddy Sheean, again, and Morrison is NOT impressed: Albanese: the prime minister has received a recommendation from the defence honours and awards appeals tribunal that Tasmania’s Teddy Sheean be awarded a Victoria Cross for “the most conspicuous act of valour in the presence of an […]

European airline industry on the verge of breakdown

The coronavirus pandemic is reshaping the future of airlines in Europe. A prolonged travel ban is adding deep industry-wide uncertainty for the upcoming months as millions of passengers are demanding refunds for cancelled flights. Several countries across the EU have pledged massive bailouts for their aviation industry to prevent catastrophic repercussions from the grounding of […]

Germany heads for deep recession as EU leaders fail to agree Covid-19 rescue – business live | Business

10.24am BST10:24 Together the dividend cuts from Aviva, RSA (which we had previously missed), Direct Line and Hiscox today add up to £1.3bn, according to AJ Bell. The spotlight is very much on Phoenix Group, Admiral and Prudential, none of whom have yet reacted to the Bank of England’s strong-arm tactics. Russ Mould, investment director […]

Morning electricity usage drops as less people face early rise and rush hour during Covid-19 pandemic

Peak morning electricity usage has dropped by about 200MW on average as a result of the Covid-19 pandemic, as hundreds of thousands of home workers with no commutes or school runs rise later. he reduction is the equivalent of the electricity needed to power about 150,000 homes, according to EirGrid, the semi-State company that manages […]

Saudi Aramco float: oil giant becomes world’s biggest listed company – business live | Business

A screen advertising Saudi Arabia’s state-owned oil company Aramco with Arabic reads, “promising future” in Riyadh, Saudi Arabia, this week Photograph: Amr Nabil/AP Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. It’s a massive day on the Saudi stock market as oil giant Aramco […]

How The #Brexit Fallout Could Impact On The British #Gambling Industry

The UK was officially set to leave the European Union on Thursday 31st October 2019. However, at the time of writing, the country is in the midst of a General Election with the earliest date of exit now earmarked for Friday 31st January 2020. This monumental once in a lifetime political event is set to […]

Donald Trump tariff threat hangs over global stock markets – business live | Business

9.19am GMT09:19 An hour into trading, and blue-chip shares in London are down by 0.9%, accelerating losses from initial exchanges. The mid-cap FTSE 250 has lost 0.6%. Kingfisher is the biggest faller, down by 6.9%, while accounting tech company Sage Group and insurer Aviva have lost 3.6% and 3.3% respectively. On the latter two, from […]