Daily Archives: July 14, 2020

China’s trade rises as economy recovers from coronavirus slump 

China’s global imports rose 3 per cent to USD 167.2 billion, rebounding from May’s 3.3 per cent decline, customs data showed Tuesday.

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UK economic output rises 1.8% in May after historic April plunge 

‘Disappointing’ rebound in GDP was much weaker than the 5.5 per cent forecast by economists

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Coronavirus global report: restrictions return around world as cases pass 13m 

Hong Kong, California and Manila tighten rules; WHO warns there are no shortcuts out of a pandemic; Australia passes 10,000 casesCoronavirus – latest updatesSee all our coronavirus coverageCities and states around the world returned to tighter coronavirus restrictions to battle recurring outbreaks, as global infections passed 13 million and the World Health […]

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Luckin Coffee replaces chairman Charles Lu 

Luckin Coffee has replaced co-founder and (now ex-) chairman Charles Zhengyao Lu, despite his efforts to maintain control over the troubled Beijing-based coffee chain. The company disclosed in an SEC filing on Monday that Jinyi Guo, another co-founder, board member and former acting chief executive of Luckin, has been appointed as its new chairman and […]

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UK coronavirus live: Johnson U-turns on masks as experts fear up to 120,000 Covid-19 winter deaths 

Boris Johnson announces face coverings are to be mandatory in shops from 24 July with £100 fines for non-compliance Global coronavirus live: latest updates 9.42am BST The number of deaths in England and Wales when Covid-19 was citing on the death certificate has exceeded 50,000 according to the latest weekly statistics from the ONS.A total of 50,548 deaths i […]

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Delta may avoid furloughs after demand for buyouts, other U.S. airlines sound alarm 

The deadline for most Delta employees to accept early departure or early retirement packages was Monday

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In Pictures: China faces worst floods in 30 years 

As many as 33 rivers rise to record highs as regions across the country brace for another ‘grim’ week of rains.

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UK economy shrinks by one-fifth during lockdown 

GDP grew much slower than forecast in May as output remained 24.5 per cent below pre-pandemic levels

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WPI inflation falls 1.81 per cent in June, but food prices rise 

“The annual rate of inflation, based on monthly WPI (Wholesale Price Index), stood at (-1.81 per cent) (provisional) for the month of June, 2020, as compared to 2.02 per cent during the corresponding month of the previous year,” the Commerce and Industry Ministry said in a statement.

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Domestic Passenger Vehicle Sales Tank By 78.4% In Q1FY21 

The domestic Passenger vehicle sales fell to 1.05 lakh in June, dropping by 49.6% from 2.09 lakh units in the year-ago period, data released by the Society of Indian Automobile Manufacturers (SIAM) showed on Tuesday, according to media reports. Passenger car sales were down 58% at 55,497 units while three-wheeler sales fell 80% to 10,300 units. Two-wheeler s […]

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The ten cheapest cars to insure revealed 

The model in question is the Mazda MX-5 – the best-selling affordable sports car of all time. Admiral says the average premium paid by motorists over the age of 25 is less than any other car.

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Small businesses worldwide fight for survival amid pandemic 

As economies around the world reopen, legions of small businesses that help to define and sustain neighborhoods are struggling

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‘And The Monkey Flips The Switch’ – Are Pilots At Risk Of Becoming ‘De-Professionalised’? 

Is the status and prestige of the professional pilot about to be challenged like never before?

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UAE’s Mars orbiter launch from Japan delayed by weather 

The liftoff of the United Arab Emirates’ Mars orbiter has been postponed until Friday due to bad weather at the Japanese launch site

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Mythbusters host Grant Imahara dies at 49 

Photo by Albert L. Ortega/Getty Images Grant Imahara, the engineer who co-hosted Mythbusters for Discovery and White Rabbit Project on Netflix, has suddenly died at the age of 49. “We are heartbroken to hear this sad news about Grant,” Discovery said in a statement to The Hollywood Reporter and Variety. “He was an important part of our Discovery family and a […]

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