British Airways Facing Crisis

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COURTESY BY: https://www.bolnews.com/ According to the media reports, due to the financial crisis caused by the coronavirus pandemic, British Airways has cut its staff by 13000 employees. The airline has re-contracted the remaining of its employees. The state-run airline, British Airways, is facing the worst financial crisis in its history due to the lockdown caused by the long going coronavirus pandemic. According to the details, the Chief executive officer of British Airways has told the parliamentary committee in a meeting that the airlines is facing its worst-ever financial crunches.  The…

How the pandemic has temporarily overthrown the tyranny of box office

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COURTESY BY: https://www.hindustantimes.com/ The box office has always been the great leveller in Bollywood. A producer once told me that any polarisation within the industry on religious lines would necessarily be superficial because the deity they worship is success. On the flip side, you could be the biggest name, the most adored face, but fail back-to-back and you’d quickly see your star begin to dim. Years ago, I was talking to Farah Khan about gender politics in the business and she jokingly added that industrywallahs didn’t care who was behind the camera,…

India’s coronavirus count crosses 3 lakh mark but doubling rate improves

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COURTESY BY: https://www.hindustantimes.com/ India on Friday reported a total Covid-19 tally of over three lakh cases, barely two weeks after the Centre announced lifting of the nationwide lockdown in phases and billed it Unlock-1. The country recorded over 10,000 new coronavirus cases in its highest single-day spike taking the tally to 3,01,579, according to data from Worldometer. Maharashtra has the highest Covid-19 positive cases in India with 1,01,141 patients, followed by Tamil Nadu with 40,698 and national capital Delhi with 34,687. Maharashtra, accounting for almost one-third of the total coronavirus cases…

US employers laid-off 7.7 million workers in April

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COURTESY BY: https://www.hindustantimes.com/ US employers laid-off 7.7 million workers in April — a sign of how deep the economic hole is as offices, restaurants, stores and schools are re-opening after being shuttered because of the coronavirus. The Labor Department also said in a Tuesday report that job openings plummeted and hiring all but disappeared in April. The number of available jobs fell 16% from March to 5 million. Hires declined 31% to 3.5 million. The grim April — which followed an bleaker March with 11.5 million layoffs — suggests that…

Covid-19: Late lockdown in UK cost lot of lives, says expert

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COURTESY BY: https://www.hindustantimes.com/ As the UK registered the second highest toll of 40,465 last week, an epidemiologist on a key government committee said on Sunday that ‘a lot of lives’ have been lost because the lockdown was imposed as late as March 23. John Edmunds, who is on the Scientific Advisory Group for Emergencies (SAGE) that provides scientific inputs to government decisions, believes that the lockdown in the UK should have been announced earlier. There have been 284,868 cases in the country so far. Edmunds said: “We should have gone…

Donald Trump says US ‘largely through’ coronavirus pandemic

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COURTESY BY: https://www.hindustantimes.com/ President Donald Trump asserted Friday that the United States has made it through the worst of the coronavirus pandemic. “We had the greatest economy in the history of the world. And that strength let us get through this horrible pandemic, largely through, I think we’re doing really well,” Trump said at a news briefing called after the release of surprisingly good US job numbers. “We’ve made every decision correctly,” Trump said of his handling of the pandemic, which has claimed more than 108,000 lives in the United…

1.9 million in US seek jobless aid even as reopenings slow layoffs

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COURTESY BY: https://www.hindustantimes.com/ Nearly 1.9 million people applied for US unemployment benefits last week, the ninth straight decline since applications spiked in mid-March, a sign that the gradual reopening of businesses has slowed the loss of jobs. The diminishing pace suggests that the job market meltdown that was triggered by the coronavirus may have bottomed out as more companies call at least some of their former employees back to work. The total number of people who are now receiving jobless aid rose only slightly to 21.5 million, suggesting that rehiring…

Covid-19: PM Johnson’s lockdown message under fire as UK death toll crosses 32,000

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Britain’s Prime Minister Boris Johnson leaves from 10 Downing Street in central London on May 11, 2020(AFP) COURTESY BY: https://www.hindustantimes.com/ The Boris Johnson government on Monday came under fire from the opposition Labour, leaders of Scotland, Wales and members of the public for allegedly confusing messages on easing lockdown curbs, as the UK-wide death toll reached 32,065. Johnson dropped the hitherto core message to ‘stay home’ in a widely watched televised address on Sunday evening, but Scotland first minister Nicola Sturgeon pointed out that his announcement applied only to England…

China warns of countermeasures after US tightens visa rules for Chinese journalists

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US President Donald Trump meets with China’s President Xi Jinping (Reuters file photo) COURTESY BY: https://www.hindustantimes.com/ China on Monday warned that it will take countermeasures in response to the US decision to tighten visa rules for Chinese journalists, urging Washington to immediately correct its mistakes. The US last week announced it was limiting the visa-period for Chinese journalists to 90 days with the option to extend it. The Chinese foreign ministry said Washington to correct its mistakes against Chinese journalists immediately or it will face countermeasures. Opposing the US move,…

Delhi slaps ‘special corona fee’ on alcohol as Covid-19 cases near 5,000 mark

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People stand in a queue to buy alcohol after authorities allowed opening of wines shops with certain restrictions during ongoing Covid-19 nationwide lockdown at Krishna Nagar in East Delhi. (PTI Photo) COURTESY BY: https://www.hindustantimes.com/ Delhi registered another big spike of 349 new cases of Covid-19 that took the national capital’s tally to 4,898, the health department said in a statement Monday night. There are 3,403 active cases while 1,431 people have recovered from Covid-19. There was no casualty in the last 24 hours which remained at 64. Late Monday night,…