Left Menu
Development News Edition

PRESS DIGEST-Financial Times - April 7

Reuters | Updated: 07-04-2020 05:11 IST | Created: 07-04-2020 05:11 IST
PRESS DIGEST-Financial Times - April 7

The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines

- Airbnb raises $1bn from new investors https://on.ft.com/2V9t5vs - GSK buys $250m biotech stake in hunt for Covid-19 treatment https://on.ft.com/2JGt64S

- BT, Verizon and Virgin Media raise pay for frontline workers https://on.ft.com/2VdIUS6 Overview

- Airbnb said it has raised $1 billion in debt and equity from new investors as its plan of a public listing is disrupted by the coronavirus outbreak. - GlaxoSmithKline Plc will invest $250 million in Vir Biotechnology Inc and collaborate with it to develop potential antibody treatments for COVID-19.

- Telecom groups including BT Group Plc, Verizon Communications Inc and Virgin Media will be raising salaries and also hiring more employees in some cases. (Compiled by Bengaluru newsroom)



Renewables in focus to revive energy sector as economies ease lockdowns

A sudden slump in energy consumption due to worldwide lockdown caused by the COVID-19 had threatened the energy transition due to a plunge in oil prices. However, as predicted by COE-EDP clean energy and inward-looking policies are the focu...

Socio-economic Impact of Covid-19 on Women

Today, women and girls are facing a double whammy - their sources of income have dried up but the workload has increased. There is a great need for gender-sensitive policies to recover from the pandemic. ...

Tracking Cybersecurity: Laying the groundwork for tougher regulations post-COVID 19

The changes indicate that the tech industry is moving towards a paradigm shift over how it operates and, more importantly, how it is regulated....

Tax dodging in rich and poor countries alike, wealthy taxpayers often outwit the taxman

... ...


Latest News

Will do better to honour actors of colour: 'Riverdale' showrunner apologises to Vanessa Morgan

Riverdale showrunner Roberto Aguirre Sacasa has apologised to Vanessa Morgan after she said she was the least-paid actor on the show and the only person of colour on the popular CW series. In the wake of the Black Lives Matter protests over...

Cargo volume at major ports drops 22 pc to 93 MT in Apr-May; Chennai, Cochin among severely hit

Cargo volume handled by the countrys major ports dropped 22 per cent during the first two months of the ongoing fiscal to 92.82 million tonnes MT amid the coronavirus lockdown, as per industry data. These 12 ports had together handled 11...

2 youths die in bike accident

Two youths died after their speeding motorcycle apparently lost balance while descending from a flyover in west Delhi, police said on Sunday. The incident occurred near Vikaspuri flyover on Saturday night when the two men were coming from t...

Three more COVID-19 deaths in Rajasthan

The death toll due to COVID-19 rose to 234 in Rajasthan on Sunday, with the state recording three more deaths. The number of cases climbed to 10,385 as 48 more people tested positive for the disease, officials said.Two deaths were reported ...

Give Feedback