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.
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.
3. The US Defense Department has determined that 20 top Chinese firms, including Huawei, are either owned by or backed by the Chinese military.
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.
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.
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Arix Bioscience discusses one of their portfolio company's Atox Bio, which plans a new drug application submission for Q3. Russ Mould talks about the FED. Paul Hill discusses Boohoo & Rosslyn Data Technologies.
Focusrite said in a trading update this morning that revenue and profits are likely to surpass market expectations for the financial year ending 31 August 2020 following strong demand for its audio products as e-commerce platforms continue to thrive globally.
Attraqt Group has announced the appointment of Paul Tough as Chief Product Officer with immediate effect. Tough previously co-founded eComp Consulting, a specialist digital strategy firm alongside Mark Adams, Attraqt's recently appointed CEO.
Genedrive has developed Genedrive® 96 Exporter, a new in-vitro diagnostic software module for automated results interpretation of its Genedrive® 96 SARS-CoV-2 Kit. In a separate announcement, the group said it closed the year with a stronger balance sheet and a lower level of debt following a successful £7 million equity fundraise in May 2020