5 Things You Need To Know, Today, on Thursday 25th June 2020
Justin Waite
5 Things You Need To Know
04:56, 25th June 2020

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5 Things You Need To Know, Today, on Thursday 25th June 2020

Tail fins of Quantas planes

5. Qantas will axe 6,000 jobs as part of its plans to survive the coronavirus pandemic, the airline says.

The cuts equate to about a fifth of the airline's workforce prior to the Covid-19 crisis.

(Click here to read more)

 

A boarded up pub

4. Restaurants and pubs in England will be able to serve customers on pavements, terraces and even in car parks under a relaxation of planning laws due to be put before parliament on Thursday, as the government seeks to restart the stalled hospitality sector on July 4.

(Click here to read more)

 

Huawei Phone shop with customers

3. The US Defense Department has determined that 20 top Chinese firms, including Huawei, are either owned by or backed by the Chinese military.

(Click here to read more)

 

Disney Parks closed

2. Financial markets in the US dropped more than 2% on Wednesday as a rise in coronavirus cases raised the prospect of another round of lockdown measures.

New York and two nearby states announced a quarantine on visitors from some US hotspots, while Europe was said to be considering a ban on US visitors.

(Click here to read more)

 

London Skyline Canary Wharf

1. Britain’s economy is shrinking at its fastest pace in centuries as the devastation wrought by the coronavirus pandemic saps demand, but it’s likely to bounce back to growth next quarter as more businesses reopen, a Reuters poll found.

(Click here to read more)  

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The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.

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