A recession following the COVID-19 pandemic could lead to job losses and an increased use of robots in the workplace.
Boris Johnson, in his latest address, announced that his government plans to ease restrictions of the lockdown as it gears up to face the mammoth task of rejuvenating the national economy. Offices, however, are expected to remain shut even as the lockdown is lifted partially.
Financial Times reporter, Mark Di Stefano, has been suspended following allegations of infiltrating and listening into private Zoom meetings. These meetings were held by senior managers of the Independent and the Evening Standard to discuss the steps that would be taken to combat the financial impact of the coronavirus pandemic.
British Airways (BA) prepares for a second round of staff cuts, raising questions about the certainty of its future.
The British make-up and skincare brand Charlotte Tilbury is up for sale at a selling price rumoured to be over the £1bn mark. With a deal to be agreed imminently, global beauty giants, including Unilever, L’Oréal and Estée Lauder, are amongst those who have expressed significant interest.
The US House Judiciary Committee is leading an investigation into the e-commerce giant Amazon for antitrust allegations that have previously been denied by company representatives. On 1 May 2020, the Committee stressed that they are within their rights to “resort to compulsory process” and subpoena Amazon’s CEO, Jeff Bezos, if he fails to testify on a voluntary basis. A subpoena is a written order to compel an individual to give testimony before a court.