Global Business News - From BBC

Job Retention Scheme may cost three times initial estimate
The UK's Job Retention Scheme may cost £30-40bn over three months, according new analysis

Coronavirus: What’s life like when you're on furlough?
With growing numbers of people being furloughed, how is this affecting them and their employers?

Coronavirus: 'The money isn’t coming in quick enough' to pay wages
The boss of DW Fitness First, Martin Long, says he's worried about paying his monthly wage bill

Lufthansa makes 'permanent' cuts as travel plunges
The German airline will close its Germanwings service and de-commission more than 40 aircraft.

Coronavirus: Twitter boss pledges $1bn for relief effort
Jack Dorsey said he would give 28% of his wealth towards efforts to "disarm" the pandemic.

Coronavirus: Holland & Barrett keep stores open despite staff pleas
Staff have set up a petition, pleading with management to close stores over safety concerns.

Coronavirus: Four out of five people's jobs hit by pandemic
The global economic impact of coronavirus could leave nearly 200 million people jobless, a UN agency says.

Coronavirus: Six industries crying out for help
With the UK economy in crisis, many sectors are still demanding further help from the government.

Investors seize on positive news but rally fades
US shares shed gains after a global stock market rally.

Coronavirus: Why is the petrol price nearing £1 a litre?
An oil price war and Covid-19 travel restrictions are cutting fuel costs but it is not good news for everyone.

Coronavirus: 'I was asked for £430 a month for my shut nursery'
Many nurseries are closed, but some are still asking parents to continue to pay a monthly fee

WeWork sues SoftBank after withdrawal of $3bn deal
The office sharing firm is taking its biggest investor to court in an escalation of a row between the firms.

Coronavirus: Property sales down 70% since lockdown, says Zoopla
Homes are still being listed for sale as people adopt a wait-and-see policy over coronavirus.

Coronavirus: Cineworld directors waive salaries as virus impact hits
The world's second largest cinema chain is in talks with lenders and film studios about the virus impact.

Calls for debt relief for world's poorest nations
More than 100 global organisations want debt payments to be waived for developing countries this year.

Waitrose in U-turn on virus pay policy
The firm said it no longer expects staff to recover time they take off for sick family members.

Coronavirus: US car insurers refund drivers stuck at home
Major US insurer Allstate is paying out $600m in refunds to drivers in quarantine and through discounts.

Short-form streaming app Quibi launches to rival Netflix
BBC's technology reporter tests if Quibi's platform with 10-minute or shorter videos could get viewers hooked.

Coronavirus: Don't bail out airlines, say climate campaigners
Climate change: Use crisis to turn aviation green, say campaigners

UK drivers win first round in VW 'dieselgate' case
The High Court rules that the German firm installed 'defeat devices' in vehicles to cheat emissions tests.

Coronavirus: You can't just stop paying rent, tenants told
Landlords say the government should make it clear that rent must be paid unless a landlord agrees to a pause.

Coronavirus: Debenhams to file for administration
The department store chain, which employs 20,000 people, says the move will allow it to keep trading.

Coronavirus: Defence firm Babcock to make 10,000 ventilators
The move comes as tech giant Apple says it will start making face shields for medical workers.

Top bosses agree pay cuts as thousand more staff suspended
More executives agree pay cuts, as firms continue to suspend thousands of staff and slash wages.

Coronavirus: 'Under-25s and women financially worst-hit'
A "concentration" of workers under 25, women and the low-paid will be hit by the virus lockdown.

Coronavirus: New UK car registrations plunge by more than 40%
Motor industry records the worst March for two decades as the Covid-19 outbreak keeps buyers at home.

Oil jittery as Saudi Arabia-Russia talks delayed
The two major crude producers had been scheduled to hold talks on Monday but meeting has been delayed.

Drones in Africa: How they could become lifesavers
Rwanda's President Paul Kagame says drones will become important for his nation, but can they really deliver?

The shop where you can still buy huge bags of pasta
Wholesalers are opening their doors to members of the public keen to buy supplies in bulk.

'We all have resilience... You've got to make it grow'
Professional explorer Mike Horn reflects upon his daredevil career so far.

Madam CJ Walker: 'An inspiration to us all'
How an African-American orphan and single mother founded a business empire - 114 years ago.

My Money: 'People have started leaving their houses again'
As part of a BBC blog series, Jen Smith talks us through one week as pandemic restrictions ease in Shenzhen.

Coronavirus threatens the next generation of smartphones
The latest smartphones might be delayed due to disrupted supply chains and shoppers staying at home.

What does it mean to declare insolvency?
What does it mean when firms declare themselves insolvent?

Will coronavirus reverse globalisation?
Could Covid-19 permanently change how the global economy works?

Coronavirus career pivots: 'I now work in a supermarket'
An actress and a commercial sales leader talk about making the switch to working in a supermarket.

Big splash: The world's largest designer of water parks
Geoff Chutter is the founder of Whitewater West, the world's largest water park design firm.

Coronavirus meant we had to delay our wedding
The coronavirus outbreak means big weddings are currently impossible. Here's one couple's experience.

'The phone slipped into the bath': Conference call tales
How to avoid some of the pitfalls of teleconferencing and how it is changing the way we meet and do business.

'My $60m weight-loss app cured my personal pain'
Victoria Repa has created an app to help people lose weight, an issue she struggled with growing up.

The uncertain future for China's electric car makers
China is the biggest market for electric vehicles, but the coronavirus is the latest blow to shake the industry.

How are food supply networks coping with coronavirus?
As the pandemic puts pressure on food supplies, how are the delivery systems holding up?

Marini Naturals: The haircare business that reaches 12 countries
Michelle Ntalami couldn't buy the products she wanted for her hair, so she set up a company to sell them.

Could synthetic fish be a better catch of the day?
Start-ups are growing fish "meat" in labs and say it will be competitive with fish from the sea.

'I bought a winery and it caused a US-French row'
When US entrepreneur Michael Baum bought a famous French vineyard it caused a trans-Atlantic spat.

Coronavirus: Robots use light beams to zap hospital viruses
Demand has surged for robots equipped with powerful ultraviolet lights that can kill viruses.

Singapore has moved all its hawkers indoors, and other big Asian cities are following suit
Singapore has moved all its street food vendors indoors. Could that be a model for other cities?

'It was never my plan to be the boss of a huge company'
Why Swiss drugs giant Novartis was prepared to take a chance on a young American.

How do you work out what something is worth?
Auctions have been around for centuries, but underpin the success of many internet giants today.

Reducing brain damage in sport without losing the thrills
Sports like NFL and rugby are taking head injuries much more seriously and employing technology to help.

The Boss: Male investors didn't get my billion-dollar idea
How fashion boss Katrina Lake was able to succeed despite having to battle sexism.

Mark Carney: What legacy will he leave the Bank of England?
The first non-British governor to lead the Bank in its 325-year history steps down this weekend.

Are female urinals the answer to queues at the loos?
Clever designs are trying to tackle queues for female loos, but will the innovations catch on?

Coronavirus: Three perspectives on furloughing
Three people react to the furloughing scheme put in place in response to the coronavirus outbreak.

Coronavirus: Flower grower donates blooms to key workers
Horticulturalist Ben Cross is working with supermarkets to donate flowers to NHS workers.

Coronavirus lockdown: Clubbers go online for music
With the coronavirus lockdown bringing normal nightlife to an end, some enterprising DJs are going online.

Coronavirus: The struggle of being a ride-share driver
Julie Davis is a ride-share driver in the virus hotspot of Seattle - watch her emotional video diary.

Remote working: Seven tips for successful video meetings
Workplace consultant Guenaelle Watson gives seven tips for better video meetings.

The Prodrive Motorsport company it switching its factory to ventilators
The Prodrive Motorsport company it switching its factory to ventilators

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