Business

Coronavirus: Facebook to give staff $1,000 bonuses

Image copyright Getty Images Facebook is giving $1,000 (£825) bonuses to its employees to support them during the coronavirus pandemic. Mark Zuckerberg, Facebook’s chief executive, made the announcement in an internal note on Tuesday. The social media giant employs nearly 45,000 full-time staff across the globe, with thousands more contract workers. The firm is also

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New York: The city that never sleeps on lockdown

Image copyright Getty Images Crowds in downtown Manhattan thinned last week as officials sounded alarms about the spread of the coronavirus. By Monday morning, the city that never sleeps had become a ghost town. Museums, theatres and libraries were closed. Schools were shut. Plazas, typically packed with tourists and office workers, were deserted. Restaurants and

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Coronavirus: ‘We have gone from £140,000 a year to nothing’

Image copyright Urbanberry Image caption Caroline Wakil and Emma Gregory founded travel recruitment firm Urbanberry in 2017 “We don’t want the business to fail, we’ve worked really hard and we love it,” says Emma Gregory, who – together with Caroline Wakil – has built Urbanberry into a £140,000-a-year business. But since the coronavirus outbreak, all

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Coronavirus: No insurance cover for most virus-hit businesses

Image copyright Getty Images Most businesses do not have insurance cover to compensate them for coronavirus losses, a trade body and other experts have said. Small businesses, in particular, are unlikely to have such a policy. Business interruption cover is generally sold to compensate for damage to premises, following instances such as fire and flood.

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