5. The US economy shrank at a 32.9% annual rate between April and June.
It was the deepest decline since the government began keeping records in 1947 and three times more severe than the prior record of 10% set in 1958.
4. Jet2 is contacting some customers on Spain's Balearic and Canary Islands to ask them to end their package holidays early.
The UK Government is advising against all non-essential travel to Spain, including the Islands.
3. Travel company Tui is set to shut 166 High Street stores in the UK and Ireland, affecting up to 900 jobs.
The decision was made after changes in customer behaviour, including a shift to online, the firm said in a statement.
2. Charities are calling on the chancellor to protect the jobs of workers who have been shielding during the pandemic.
A total of 15 charities have warned in an open letter that workers will be forced to choose between health and their jobs, when restrictions ease.
1. The coronavirus crisis might be causing widespread economic upheaval around the world, but the world's biggest tech firms are thriving.
Amazon sales soared 40% to $88.9bn (£67.9bn) in the three months ending June, whilst their quarterly profit rose to $5.2bn (£4bn) the biggest since the company's start in 1994 and double the $2.6bn it earned for the same period in 2019.
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(Sharecast News) - Stocks in London finished in the green on Monday, helped by the release of a much better than expected reading on euro area factory activity last month, and similarly upbeat survey results overnight in China.
Seeing Machines said total income, revenue and cash are ahead of market expectations for the period ended 30 June 2020. The driver monitoring system technology company said it continues to deliver its products across several industries despite the effects of the COVID-19 pandemic.
Union Jack Oil has a further 12.5% interest in PEDL180 and PEDL182 from Humber Oil & Gas, which the group says will have ‘an immediate positive by increasing its reserves and resources at Wressle by 45.5% to 1.24 million barrels of oil equivalent.
Versarien has today announced the launch of its first Graphene Enhanced Protective Face Mask, which utilises Polygrene, Versarien's graphene enhanced polymer to protect against airborne bacteria and minimise the spread of viral infection.
(Sharecast News) - Stocks in London are on the back foot at the start of August, weighed down by a retreat in lenders' shares and reports pointing to increasing odds that stricter Covid-19 restrictions were in the pipeline, both in the UK and the US.
New "life-saving" 90-minute tests which can detect coronavirus and flu will be rolled out in care homes and laboratories from next week. The "on-the-spot" swab and DNA tests will help distinguish between Covid-19 and other seasonal illnesses, the government said.