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A narrow EU trade deal is the most likely way forward

The UK should not agree to proposals to stagger the talks, with fish as part of the first course




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Nissan warns of nearly $900m loss as sales collapse

Pressure mounts on carmaker and alliance with Renault and Mitsubishi as groups burn through cash




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Bosch warns of ‘significantly’ steep recession for auto industry

Volkswagen and Daimler report billions of dollars in lost profits due to impact of coronavirus




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US stocks fall as investors weigh push towards reopening

Brent crude slips back below $30 a barrel after a six-day run of gains




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Apple awards $10 million to rapidly scale COVID-19 sample collection kit production

Apple has awarded $10 million from its Advanced Manufacturing Fund to COPAN Diagnostics, a company focused on producing sample collection kits for testing COVID-19 to hospitals in the U.S. The money comes from the fund that Apple established to support the development and growth of U.S.-based manufacturing, but is particularly notable because to date, the […]




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Culture wars are infecting the UK’s pandemic strategy

The attempt to set up gender equality and ethnic diversity as the enemies of prosperity is telling




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Apple brings its hardware microphone disconnect feature to iPads

Apple has brought its hardware microphone disconnect security feature to its latest iPads. The microphone disconnect security feature aims to make it far more difficult for hackers to use malware or a malicious app to eavesdrop on a device’s surroundings. The feature was first introduced to Macs by way of Apple’s T2 security chip last […]




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Amazon worker-activists form international organization to demand change in warehouses

Amazon workers across the world are formalizing their activism with the creation of the Amazon Workers International. Its first action is a letter to Amazon CEO Jeff Bezos and Amazon Director of UK Customer Fulfillment Stefano Perego in which the group demands the company makes permanent certain steps Amazon has implemented amid the COVID-19 pandemic. […]




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Nine senators — including Warren and Sanders — pen open letter to Amazon about worker firings

A group of nine Senators led by Massachusetts Democrat Elizabeth Warren penned an open letter to Amazon CEO Jeff Bezos this week, seeking more information about recent employee firings. The statement cites the terminations of four employees who were vocally critical of the company’s policies pertaining to both COVID-19 and climate change. Cosigned by Bernie […]




war

Apple awards $10 million to rapidly scale COVID-19 sample collection kit production

Apple has awarded $10 million from its Advanced Manufacturing Fund to COPAN Diagnostics, a company focused on producing sample collection kits for testing COVID-19 to hospitals in the U.S. The money comes from the fund that Apple established to support the development and growth of U.S.-based manufacturing, but is particularly notable because to date, the […]




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Apple awards $10 million to rapidly scale COVID-19 sample collection kit production

Apple has awarded $10 million from its Advanced Manufacturing Fund to COPAN Diagnostics, a company focused on producing sample collection kits for testing COVID-19 to hospitals in the U.S. The money comes from the fund that Apple established to support the development and growth of U.S.-based manufacturing, but is particularly notable because to date, the […]




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US and China: edging towards a new type of cold war?

Trust between the countries has deteriorated during the pandemic and is close to its lowest point since 1979




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It may be too soon to make a big move toward ‘value’ stocks

Cheaper parts of the market can lag a lot more before the current global downturn ends




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A saint among the sinners of the Afghan war

The death of a doctor who transformed Afghan lives contrasts with revelations of US ignorance




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How politics thwarted the UK’s Covid-19 response

Ministers failed to grasp the threat as Boris Johnson tried to swerve a tough response




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Thyssenkrupp warns on proceeds from lifts unit sale

Group says virus will hit restructuring, while private equity seeks to offload risk




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EU industrial supply lines need strengthening, commissioner warns

Thierry Breton says coronavirus crisis shows vital supplies are vulnerable to disruption




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VW warns of rising costs as car market faces deep recession

Carmaker says profits are under pressure as suppliers pass on increased expenses




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The Europas Awards goes virtual: Votes, workshops, pitches, networking, live awards & DJs

The Europas Awards for European Tech Startups is doing what everyone in tech has done before: pivoting! Given the COVID-19 pandemic, we will be ‘going virtual’ on an amazing new platform, to be unveiled. (OK, but not VR – just yet!). A percentage of proceeds from the event will be donated to charities helping to […]




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Vote for Europe’s hottest startups in The Europas Awards + workshops, pitches, networking

The Europas Awards — which have been recognising the hottest European tech startups in since 2009 — are now open for the public voting stage, prior to the formal judging process. The entries have been sorted and sifted by journalists to compile an editorially-driven ‘long list’ of some of Europe’s most exciting startups and investors. […]




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Tumblr’s next step forward with Automattic CEO Matt Mullenweg

After months of rumors, Verizon finally sold off Tumblr for a reported $3 million — a fraction of what Yahoo paid for the once mighty blogging service back in 2013. The media conglomerate (which also owns TechCrunch) was clearly never quite sure what to do with the property after gobbling it up as part of […]




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Warburg to raise stake in Chinese car rental company

US private equity firm plans further share in group shaken by fallout from Luckin Coffee scandal




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Warren Buffett held the wrong stocks as the music stopped

Few investors went into this crisis with a portfolio they were entirely happy with




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Schneider Electric warns of €300m hit from coronavirus

French group braced for revenue losses this quarter despite reopening most of its China factories




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Porsche chief warns battery costs will hit carmaker profits

Blume says industry faces supply constraints because of production ‘bottleneck’




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UK privacy and security experts warn over coronavirus app mission creep

A number of UK computer security and privacy experts have signed an open letter raising transparency and mission creep concerns about the national approach to develop a coronavirus contacts tracing app. The letter, signed by 177 academics, follows a similar letter earlier this month signed by around 300 academics from across the world, who urged […]




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Meet EventBot, a new Android malware that steals banking passwords and two-factor codes

Security researchers are sounding the alarm over a newly discovered Android malware that targets banking apps and cryptocurrency wallets. The malware, which researchers at security firm Cybereason recently discovered and called EventBot, masquerades as a legitimate Android app — like Adobe Flash or Microsoft Word for Android — which abuses Android’s in-built accessibility features to […]




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Original Content podcast: Netflix’s ‘Middleditch & Schwartz’ might change your mind about improv

We’ll admit it: Some of your Original Content podcast hosts are a little skeptical about improvised comedy. Of course, we can enjoy improv when it’s done well. It’s just that we’ve seen it done less well, often by friends who are so enthusiastic without being particularly funny. And our friends aside, live improv has rarely […]




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Original Content podcast: Netflix’s ‘Middleditch & Schwartz’ might change your mind about improv

We’ll admit it: Some of your Original Content podcast hosts are a little skeptical about improvised comedy. Of course, we can enjoy improv when it’s done well. It’s just that we’ve seen it done less well, often by friends who are so enthusiastic without being particularly funny. And our friends aside, live improv has rarely […]




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‘Thor: Ragnarok’ director Taika Waititi is making a Star Wars movie

Taika Waititi already reinvigorated the Thor franchise. Now he’s looking to do the same for Star Wars. Waititi is probably best-known for directing “Thor: Ragnarok” — easily the best of the Thor movies and one of the most delightful films in the Marvel Cinematic Universe. More recently, he wrote and directed the Nazi comedy “Jojo […]




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Elevated U.S. natural gas working inventories puts downward pressure on prices

Henry Hub natural gas spot prices averaged $2.02 per million British thermal units in January according to the U.S. Energy Information Administration. Typically, January natural gas prices are among the highest of the year; however, warmer-than-normal January temperatures across much of the northern hemisphere contributed to the lowest average January spot price in many years. After beginning 2018 and 2019 with low U.S. working natural gas inventories, EIA forecasted that normal winter temperatures in the first quarter of 2020, along with production growth, would bring total inventories back over the five-year average this winter. So far this winter, temperatures have actually been warmer than normal, and EIA estimates that in January there were 18% fewer heating degree days in the United States than the prior ten-year average. As a result of reduced space heating demand, U.S. natural gas working inventories ended January 9% above the five-year average, higher than previously forecasted. In its February Short-Term Energy Outlook, EIA forecasts that at the close of the April-October injection season, working inventories will reach almost 4.1 trillion cubic feet on October 31, which would be the highest end-of-October inventory record on level. Expecting inventories to remain elevated as winter heating season winds down, EIA forecasts that Henry Hub natural gas prices will average $2.21 per million British thermal units in 2020, down from $2.57 per million British thermal units in 2019. In 2021, EIA expects natural gas prices to increase, reaching an average annual price of $2.53 per million British thermal units.




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More OPEC supply and less global liquid fuels demand puts downward pressure on prices

In its March 2020 update, the U.S. Energy Information Administration (EIA) significantly revised its Short-Term Energy Outlook for global oil supply, demand, and prices compared with the February Short-Term Energy Outlook. These updates largely resulted from updated data and assumptions about the effects of the 2019 novel coronavirus disease (COVID-19) on global oil demand and assumptions regarding the Organization of the Petroleum Exporting Countries (OPEC) crude oil production following its meeting on March 6. EIA now forecasts that OPEC will target market share instead of a balanced global oil market. As a result, EIA expects that OPEC crude oil production will increase to an average 29.1 million barrels per day in the second and third quarters of 2020. EIA forecasts that global demand for liquid fuels will grow by 0.4 million barrels per day from 2019 to 2020, down from the 1.0 million barrels per day increase EIA previously forecasted in February. The revised March estimate is driven by EIA's expectations of slowing economic growth, primarily related to the effects of the coronavirus outbreak. EIA expects the decline in global liquid fuels demand, combined with the increase in OPEC production, to result in significant global oil inventory builds in the first half of 2020-putting continued downward pressure on prices. EIA forecasts Brent oil prices will average 43 dollars per barrel in 2020 and 55 dollars per barrel in 2021.





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Tumblr’s next step forward with Automattic CEO Matt Mullenweg

After months of rumors, Verizon finally sold off Tumblr for a reported $3 million — a fraction of what Yahoo paid for the once mighty blogging service back in 2013. The media conglomerate (which also owns TechCrunch) was clearly never quite sure what to do with the property after gobbling it up as part of […]




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The 5:30 A.M. Warrior Call: The FDA Approves Phase 2 Testing of Coronavirus Vaccine (5/8/2020)

Biotech company Moderna said it plans to start phase 2 trials with 600 participants shortly.




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UK privacy and security experts warn over coronavirus app mission creep

A number of UK computer security and privacy experts have signed an open letter raising transparency and mission creep concerns about the national approach to develop a coronavirus contacts tracing app. The letter, signed by 177 academics, follows a similar letter earlier this month signed by around 300 academics from across the world, who urged […]




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UK’s NHS COVID-19 app lacks robust legal safeguards against data misuse, warns committee

A UK parliamentary committee that focuses on human rights issues has called for primary legislation to be put in place to ensure that legal protections wrap around the national coronavirus contact tracing app. The app, called NHS COVID-19, is being fast tracked for public use — with a test ongoing this week in the Isle […]




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Rada director Edward Kemp blames 'Downton Abbey effect' for working-class actors being side-lined

Edward Kemp claims that middle and upper class actors are being cast because of a rise in the success of British TV shows such as The Crown and Downton Abbey.




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British Fashion Awards 2019: Tom Cruise dines with stunning Michelle Dockery at ceremony

The actor, 57, was in good company as he joined by stunning Downton Abbey star Michelle Dockery at Monday evening's British Fashion Awards, held at the Royal Albert Hall in south-west London.




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Downton creator Julian Fellowes' Belgravia is set among London's elite. LISA SEWARDS meets the cast

Lisa Sewards met the cast of new ITV 19th-century period drama Belgravia on set. Tamsin Greig, an Olivier-winning stage actress, appears as Anne Threnchard.




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Coronation Street's Katie McGlynn joins Hollyoak's Steph Waring

She is nominated for her first ever NTA in the category of Serial Drama Performance for her portrayal of Sinead Tinker in Coronation Street. 




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Jacqueline Jossa and Gabby Allen will come face to face at the National Television Awards

Gabby Allen risked a run-in with Jacqueline Jossa at the National Television Awards on Tuesday after being accused of having an affair with her husband.




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NTAs 2020: Caitlyn Jenner dazzles in a silver dress as she makes her first appearance at the awards

The Olympic champion, 70, ensured all eyes were on her in a plunging silver gown which highlighted her athletic physique on the red carpet.




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NTAs 2020: Michael Palin dedicates his Special Recognition Award to 'dear friend' Terry Jones

Michael Palin dedicated his Special Recognition Award to his late friend Terry Jones during Tuesday night's National Television Awards.




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NTAs 2020: Strictly Come Dancing's Mabuse sisters look stunning as they present receive an award 

Strictly Come Dancing stars Oti and Motsi Mabuse dazzled on stage at the National Television Awards on Tuesday night.




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NTAs 2020: Roman Kemp reveals Caitlyn Jenner and Ricky Gervais had 'most awkward encounter ever'

The radio DJ, 27, who starred with Caitlyn, 70, on the latest series of I'm A Celebrity, made the confession on his show on Wednesday - something which Ricky, 58, has since denied.




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Jesy Nelson shares snaps from her celebrations following her awards win

The Little Mix star, 28, shared snaps on Instagram from the fun-filled evening as she brushed off the drama from her beau Chris Hughes' spat at the awards ceremony.




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Billie Faiers and Ferne McCann reveal they SWAPPED dresses during the National Television Awards  

One stunning ballgown just wasn't enough for Billie Faiers and Ferne McCann as the pair revealed they swapped dresses during the National Television Awards.




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TOWIE's Yazmin Oukhellou sets pulses racing in tight black dress at the British Photography Awards

The full length frock barely contained the 25-year-old's gravity defying assets and a knee high split gave a glimpse of the stunning star's toned legs.




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TALK OF THE TOWN: David Walliams bows out of the National Television Awards

TALK OF THE TOWN: Friends of the star have revealed: 'David is a very sensitive soul and was all too aware of the negative feedback. He doesn't want to put himself through that again.'