AST ñ IMS - [NewsOfTheTrade_ROS]

Job Retention Scheme may cost three times initial estimate

The UK's Job Retention Scheme may cost £30-40bn over three months, three times the size of initial estimates. That is according to analysis by the Resolution Foundation, using the latest figures on take-up of the scheme from the British Chambers of Commerce (BCC)....

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Oil slides as Saudi Arabia-Russia talks delayed

Global oil prices have dropped after Saudi Arabia and Russia postponed a meeting about a deal to cut output as the virus pandemic hits demand.The two countries have been locked in an oil price war for the last month.Traders are concerned that, with large parts of the...

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The iShield: Apple to design and make medical gear

Best-known for phones and computers, Apple has now turned its hand to making face shields for medical workers.Apple chief executive Tim Cook tweeted on Sunday that it has designed and is now making the protective gear.The tech giant plans to make more than one million...

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BA cabin crew contract virus on long-haul flights

A number of British Airways cabin crew have contracted the coronavirus when operating long haul flights over the past two weeks. Unions are calling on airlines to do more to minimise the exposure of staff.But BA pilots and cabin crew say the airline was slow to take...

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