Thursday, April 30, 2020

California beaches and parks to close

California Governor Gavin Newsom is expected to announce the closure of all beaches from May 1st to prevent thousands flocking to the coastline in warm weather.

There are also plans to close all state parks with the announcement expected on Thursday.

Danielle Robertson reports from Los Angeles

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BORIS JOHNSON: UK IS PAST THE PEAK

UK Prime Minister Boris Johnson says Britain is 'past the peak' of the coronavirus outbreak.

But he says he won't set out detail of how the country's lockdown might be eased until next week.

Olly Barratt reports from London.

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Further 3.8 million Americas file for unemployment benefits

Nearly four million Americans filed for unemployment benefits last
week as the coronavirus continues to cripple the U.S. economy.

That figure is down compared to recent weeks but indicates layoffs are
reaching sectors that weren't initially impacted by shutdown
measurers.

William Denselow reports from New York.

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BRITISH AIRWAYS MAY NOT RESTART OPERATIONS AT GATWICK AIRPORT

UK flag carrier, British Airways, may not restart operations at Gatwick Airport after the COVID-19 pandemic.

The airport serves London but is only a fifth as big as BA's hub at Heathrow.

Stuart Smith has more from London.

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Eurozone economy suffers record contraction

The eurozone economy contracted at a record rate in the first three months of this year, with inflation slowing as much economic activity ground to a halt due to COVID-19. 

Italy has joined France in recession - after suffering its worst slump in decades

Lucy Hough has more from Brussels: 

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QUEEN PROMOTES NATIONAL HERO & WAR VETERAN TO MARK 100th BIRTHDAY

A British World War Two veteran who became an international star by raising millions of pounds for the country's National Health Service - is celebrating his 100th birthday. 

To mark the occasion the Queen has promoted Captain Tom Moore to the rank of honorary colonel. 

Holly Hudson has more. 

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AUSTRALIA: Canberra down to zero COVID-19 cases

The Australian Capital Territory is celebrating zero active cases of coronavirus for the first time in almost two months.
The daily update on the territory's response to the virus revealed no new cases had been reported and no cases were active.
The ACT was the last Australian state or territory to record a case of coronavirus, the first infection coming on March 12.
Arthur Stevens has more

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'Most' EU countries said to support suspension of flight refund rules

Most EU states are said to support the temporary suspension the law on refunded cancelled flights to reduce pressure on the struggling airline industry. 

Twelve governments have urged the European Commission to suspend rules which offer full refunds instead of vouchers for future travel. 

Lucy Hough has more from Brussels. 

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Coronavirus pandemic plunges French economy into worst slump since WWII

France is officially in the worst recession since the Second World War, according to data from the national statistics agency released on Thursday.

GDP shrank 5.8% in the first quarter of 2020, as Ross Cullen reports from Paris.

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Europe mulls school reopening post-COVID

As many countries in Europe announce their exit strategies from COVID-19 lockdowns, different approaches are being taken to the reopening of schools. 

Italy is keeping its schools closed until September, with Spain likely to follow. 

France, Belgium and Germany plan to reopen theirs over the next few weeks 

Lucy Hough has more from Brussels. 

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UK PM CHAIRS CABINET AFTER RETURN TO WORK

UK Prime Minister Boris Johnson is chairing his first cabinet meeting later (on Thursday) since he was hospitalised with coronavirus.

He and his partner also had a baby on Wednesday, but he's deferring paternity leave.

Mr Johnson will also lead the UK's daily covid19 press conference for the first time since coming back to work.

He's expected to set out Britain's next steps in the pandemic, but resist signalling an easing of lockdown measures.

Justice Secretary Robert Buckland says reports of pub chains preparing for June re-opening should be met with caution.

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Russia extends entry ban for foreigners

Russia has extended a ban on foreigners entering the country as its coronavirus situation continues to worsen. Russia's is now the eighth-largest outbreak in the world, with more than 100,000 confirmed cases. Julia Chapman reports.

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S. Korea records zero domestic cases of Covid-19

South Korea has reported no new domestic cases of the coronavirus for the first time in over two months. This, in a country that once had the second largest outbreak in the world.


Bruce Harrison reports from Seoul

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India's national air carrier prepares to resume operations

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India's state-owned airline, Air India is reportedly planning to resume operations by mid-May.

India's lockdown is due to end on May 3rd, with many hoping that the government may allow domestic air travel in the next few weeks.

Ishan Garg has more from New Delhi.

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Bollywood actor Rishi Kapoor passes away

Veteran Bollywood actor Rishi Kapoor has passed away following a battle with cancer. He was 67.

This comes just a day after the death of Indian actor Irrfan Khan.

Our correspondent Rebecca Bundhun reports from Mumbai.

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Free coronavirus testing for all in Los Angeles

The Los Angeles Mayor has announced that all residents can now get free coronavirus testing. 

Mayor Eric Garcetti said those with symptoms will have priority, but they have the capacity to test everyone for free.

Danielle Robertson reports from Los Angeles.

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Wednesday, April 29, 2020

SBA Temporarily Restricting Loan Applications

The Small Business Administration in the United States is  temporarily restricting applications for emergency loans.

The program was created to help small businesses keep people on the payroll during the coronavirus pandemic. 

Rachel Silverman has details. 



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Big gains on Wall Street despite GDP figures

Wall Street posted major gains on Wednesday despite the U.S. economy
posting its worst quarterly contraction since 2008.

The U.S. markets were buoyed by a promising Covid-19 drug trial and
comments from the chair of the Federal Reserve.

The Dow Jones and S&P closed up over two percent with the Nasdaq
ending up over 3.5 percent.
William Denselow reports from New York.

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Top U.S. health official "optimistic" about Covid-19 drug trials

Top U.S. health official Anthony Fauci says trials of an experimental
drug to treat coronavirus are "optimistic".

The US Food and Drug Administration plans to approve the emergency use
of remdesivir for patients who need it.

Nick Harper reports from Washington.

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Covid-19 drug shows promising signs

The maker of an experimental drug used to fight Covid-19 says it has
seen promising signs from a recent study.

Gilead Sciences has announced its antiviral drug remdesivir helped
improve symptoms of coronavirus patients, especially if they were
treated early.

William Denselow reports from New York.


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