covid_19

The COVID-19 crisis creates an opportunity to step up digitalisation among subnational governments

Recent decades have seen rapid growth of advanced digital technologies, including high-speed computing, big data, artificial intelligence, the internet-of-things and blockchain. This “digital revolution” creates significant opportunities for all levels of government to improve the delivery of public goods and services, and to raise more and better revenue.




covid_19

Consumption tax revenues under COVID-19: Lessons from the 2008 global financial crisis

As a result of COVID-19, public life has come to a sudden halt and consumer spending is plummeting. How will this crisis and the policy actions taken in response affect tax revenues? And what lessons can be learned from the previous global financial crisis?




covid_19

New OECD data provides a baseline for measuring the impact of COVID-19 on labour taxes

Labour taxes on the average worker across OECD countries continued to decline for the sixth consecutive year in 2019, according to a new OECD report.




covid_19

Database: Tax Policy Measures in Response to Covid-19 Pandemic

Latest data on tax policy measures taken by governments so far in response to the coronavirus pandemic.




covid_19

Tax and fiscal policies central to governments’ responses to Covid-19 crisis

With global economic activity facing a historic drop and government spending rising dramatically, the implications of the Covid-19 crisis on public finances and tax revenues are significant.




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UK regulators delay two-thirds of new measures in response to Covid-19

Rules concerning Brexit preparations prioritised over tougher environmental standards




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How Covid-19 is escalating problem debt

Threat of redundancies and business failures means higher earners need help with their finances




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Covid-19 and the generational divide

My household’s Corona Protocol has provoked eye-rolling from my two teenage children  




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Covid-19 lays bare managers’ efficiency obsession

The pandemic will prompt new rules insisting on better margins for error and will embed more safety-first habits




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Covid-19 has revolutionised the NHS

The crisis exposed the system was on a knife edge, but the emergency changes are for the better




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Obesity dangers make Covid-19 a rebuke to unequal societies

Excess body fat seems to matter more than heart or lung disease, or smoking, when it comes to catching the virus




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Libyans suffer water and gas shortages as they confront Covid-19 

Worsening conditions in the capital increase threat posed by the virus




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Tech consultants join Gulf’s fight against Covid-19

Demand for tech services expected partly to counter pandemic downturn




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Elmhurst: neighbourhood at centre of New York’s Covid-19 crisis

Funeral homes are full in working class section of Queens where immigrants pursue American dream




covid_19

China-Africa relations rocked by alleged racism over Covid-19

Africans in Guangzhou evicted from hotels and had passports confiscated, officials say




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Africa’s scientists learn from past epidemics to fight Covid-19

Experience with other outbreaks could compensate for poor healthcare infrastructure




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Covid-19 focus threatens precarious malaria progress

Pandemic could set back the fight against malaria by 20 years, with Africa hit worst




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Low Covid-19 death toll raises hopes Africa may be spared worst

Continent has limited confirmed virus fatalities but experts warn it is too early to draw conclusions




covid_19

Africa’s Covid-19 response is a glimpse of how things could be different

Leaders acted swiftly as they watched richer countries’ health systems crumple




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Covid-19 and consolidation

Silver Lake’s Jio stake, Amazon VP quits in protest, new MacBook Pro




covid_19

Cost of vaccinating billions against Covid-19 put at more than $20bn

Sum far exceeds $8bn fundraising target at upcoming EU-led donors’ conference




covid_19

Finding a Covid-19 vaccine needs a global effort

Countries should avoid turning to nationalism and share the burdens




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How Big Tech got even bigger in the Covid-19 era

Lockdowns have elevated the sector that some analysts thought would fall furthest in a recession




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Uranium enters bull market after Covid-19 hits supply

Prices rebound from March lows after miner Kazatomprom slashes production




covid_19

Virgin Atlantic to cut third of staff to survive Covid-19 crisis

Airline to axe up to 3,150 jobs and close London Gatwick operations as it scales back to save business




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Coronavirus: Pence aide tests positive for Covid-19 — as it happened




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Hiscox/Covid-19 cover: red flag

If the courts rule against the UK-listed insurer, there will be a fresh flood of claims




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The old are not equally vulnerable to Covid-19

Reducing pensioners to ‘old dears’ ignores their wisdom and physical vitality




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Robots/Covid-19: automation rations

Pandemic may spur greater use of robotics in food industry to cater for virus-wary customers




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How Covid-19 tore through global markets in first quarter

Every major asset class has been disrupted




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On front-loading economic Covid-19 underperformance

Why, from an investment perspective, Covid-19 suppression is the equivalent of kicking the can down the road.




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Even Covid-19 cannot damp partisanship

As the human and economic damage mounts, old political divides are likely to re-emerge




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Can we tackle both climate change and Covid-19 recovery?

Two experts debate whether shift to low carbon can push forward amid economic stress




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Renters and self-employed hit hard by Covid-19 lockdown

A third of self-employed reported working reduced hours during the first two weeks of lockdown




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Coronavirus: US tops 1m Covid-19 cases — as it happened

Deaths in England and Wales are highest on record in mid-April while cases in the US surpass 1m

Read more




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Coronavirus: Pence aide tests positive for Covid-19 — as it happened

Germany's dominant export sector in record decline, South Korea may be forced to close bars and nightclubs after partygoer is found to have infected at least 14 people

Read more




covid_19

UK investors band together to survey Angels on their strategy during COVID-19

A number of UK entrepreneurs have banded together to survey Angels about their investment strategy. The initiative comes in the wake of the UK government’s “Future Fund” for startups, which has been criticized as being inadequate for the needs of Angel and Seed-stage startups. The group hopes the survey will give the UK early-stage investment […]




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Big data shows Covid-19 reshaping ESG; UN PRI’s long-term crisis plan; sustainable funds stand tall

Your guide to the investment and business revolution you can’t afford to ignore




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Covid-19 to boost worker pay; Soros chips in; BRT sinners; Shell’s carbon pledge

Your guide to the investment and business revolution you can’t afford to ignore




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Covid-19 casts pall over Earth Day; Green bonds stand strong; Shake Shack does the ‘other’ right thing

Your guide to the investment and business revolution you can’t afford to ignore




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US lawyers and insurers must face Covid-19 liability

Private lawsuits are a vital tool for upholding standards in the free market system




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A Covid-19 supply chain surprise? Exxon and Barclays face proxy battles; challenging data on ESG fund growth




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Covid-19 shows why ESG matters; Barclays’ big climate vote; UK impact investors’ legal hurdle; your questions answered

Your guide to the investment and business revolution you can’t afford to ignore




covid_19

Facebook to add gift cards, jobs and donation tools to its COVID-19 Community Help hub

Facebook is expanding its Community Help hub to better serve local communities amid the COVID-19 pandemic. The hub has already seen significant usage by those requesting food, supplies and information about local resources, as well as use by volunteers and groups willing to lend a hand. Now, Facebook is adding more features to the hub […]




covid_19

Samsung expects COVID-19 to hurt smartphone and TV sales, but increase demand for memory

In its first-quarter earnings report today, Samsung said it expects the COVID-19 pandemic to continue impacting its business for the rest of the year, cutting into sales for smartphones and TVs, but increasing demand for PCs, servers and memory chips as people continue to work or study from home. Samsung’s results for the first-quarter of […]




covid_19

Cheetah, a restaurant wholesale app that pivoted to consumers for COVID-19, nabs $36M

A lot of restaurants have shuttered in the wake of stay-at-home guidance and government orders for non-essential businesses to close down, so a startup called Cheetah that provided a wholesale delivery service for them pivoted to selling to consumers, and now it’s raised a round of funding, both to expand its business and to help […]




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Lyft is laying off 982 employees, furloughing a further 288 due to COVID-19 pandemic

Less than 24 hours after it was reported that Uber was considering layoffs of 20% of staff, its big rival Lyft is announcing its own cuts. Today the company said it would be reducing employee count by 17%, working out to 982 employees, and furloughing an additional 288, due to the effects of the COVID-19 pandemic […]




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eBay Q1 reports sales of $2.374B, active buyers up to 174M in wake of COVID-19

After a quarter in which eBay, tussling with an activist investor, completed the sell-off of its ticketing business StubHub for $4 billion and saw appointed a new CEO after its previous one departed, while also weathering waves of surging demand and dodgy supply resulting from the COVID-19 pandemic, today the e-commerce company reported its Q1 […]




covid_19

Twitter Q1: sales up 3% to $808M as it swings to a loss on COVID-19, mDAUS hit record 166M

Despite traffic for many online properties being at an all-time high, advertising has fallen off a cliff because of the downturn in consumer activity outside the home and the wider economic pressures resulting from the COVID-19 pandemic. And today, Twitter reported quarterly earnings that bore this trend out. The ad-based social networking and media company said that […]




covid_19

The next round of Covid-19 fundraisings will not be as smooth

Contrary to some fears, equity calls on the London market have been relatively orderly