Business

Drones in Africa: How they could become lifesavers

Image copyright Lake Kivu Challenge Image caption Rwanda is an attractive market for drone companies Death comes fast, says Temie Giwa-Tubosun, as we sit in the scorching sunshine of Rwanda’s capital Kigali. She’s talking about post-partum haemorrhage – women bleeding after childbirth. “I’m always amazed that more attention isn’t paid to this – it’s the […]

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Coronavirus: Twitter boss pledges $1bn for relief effort

Image copyright Getty Images Jack Dorsey, the founder of Twitter and payment app Square, has said he will donate $1bn (£810m) towards efforts to tackle the coronavirus pandemic. According to Mr Dorsey, the donation represented approximately 28% of his wealth. He made the announcement on Twitter, writing that the “needs are increasingly urgent”. Mr Dorsey

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Investors warned not to rush into travel and leisure stocks

Image copyright Getty Images Investors are being warned about piling money into the travel and leisure sectors after their recent surge. Travel and leisure stocks including airlines and cinema chains have been hit hard by the coronavirus lockdowns and travel restrictions. While their valuations have plummeted across the board, some stocks have seen their share

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Coronavirus: ‘The money isn’t coming in quick enough’ to pay wages

Image copyright DW Fitness First Image caption Martin Long says his firm’s income has fallen to zero, overnight. DW Fitness First has 120 gyms across the country, all closed due to the coronavirus lockdown. His and other gyms and leisure centres employ about 100,000 people across the UK. Because of the closures, his company has

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They Asked For Masks. McDonald’s Said They Could Have ‘Crazy Sock Day.’

Last month, workers at a Los Angeles McDonald’s went on strike to draw attention to unsafe working conditions and to demand basic personal protective equipment as they continued doing their jobs amid the coronavirus pandemic. While McDonald’s has pledged to provide gloves and cleaning supplies and to implement social distancing in some restaurants, some workers

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Job Retention Scheme may cost three times initial estimate

Image copyright Getty Images 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). While initial Treasury estimates suggested a 10% take-up,

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