Both North and South Korea violated the armistice agreement that governs their shared border when their troops exchanged gunfire on May 3, the U.S.-led United Nations Command (UNC) said on Tuesday.
Dozens of Australian journalists and publishers are set to face trial in November over coverage of ex-Vatican treasurer George Pell's child sex abuse conviction in 2018, facing charges that they breached an Australia-wide gag order in the case.
Rolling coverage of the latest economic and financial news, as coronavirus lockdown easing measures push equity markets higher 8.53am BST Consumer stocks have also been boosted by Prime Minister Boris Johnson’s announcement yesterday that non-essential retailers will start re-opening over the coming weeks. As my colleague Rowena Mason reports, outdoor markets and car showrooms will be allowed to reopen in England from Monday next week, while other non-essential retail premises will be allowed to open in three weeks’ time. Related: Outdoor markets and car showrooms can open next week in England 8.49am BST Consumer and travel stocks are surging ahead in Europe, and are among the best performers on the FTSE 100 this morning.Investors seem to be warming back up to companies like British Airways owner IAG and cruise ship operator Carnival, following news that Germany had agreed to a €9bn bailout for airline Lufthansa. The deal still needs to get the nod from the European Commission, who might impose a number of conditions in return for its approval, including the surrender of key flight slots. These types of rescue usually come with strings attached as UK bank Royal Bank of Scotland found when it was bailed out by the UK government in 2008. The bank was forced to sell a number of assets at fire sale prices including Worldpay, Direct Line, as well as spending years to try and sell off Williams and Glyns branches at a significant cost. The EU Commission will certainly feel the heat from Ryanair CEO Michael O’Leary if they do wave this bailout through without extracting a heavy price from Lufthansa, which has been badly run for several years now. Continue reading...
Using data from the COVID Tracking Project, we’re following how each state is responding to COVID-19.
Andy Palmer, who had been head of car firm since 2014, will be replaced by Tobias MoersLuxury carmaker Aston Martin Lagonda confirmed on Tuesday that it has sacked its chief executive Andy Palmer as part of a wider board overhaul, following a collapse in its share price and a slump in sales due to the coronavirus pandemic.Palmer’s replacement, Tobias Moers, will join on 1 August from Mercedes-AMG, where he is currently the boss of the German carmaker’s high-performance division. Continue reading...
Macau gambling king Stanley Ho, who built a business empire from scratch in the former Portuguese colony and became one of Asia's richest men, died peacefully at the age of 98, his family confirmed on Tuesday.
Macau gambling king Stanley Ho, who built a business empire from scratch in the former Portuguese colony and became one of Asia's richest men, died on Tuesday at the age of 98.
After putting a coronavirus patient onto a ventilator to help him to breathe, Dr. Zafia Anklesaria noted to herself that her baby never kicked during emergency procedures.