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Shares in workplace messaging app Slack tumbled 15 per cent in after-market trading on Thursday as the company revealed that its revenue growth had barely been lifted in the latest quarter by the global shift to working from home.
The Lancet has retracted a study that questioned the effectiveness of hydroxychloroquine after it emerged that the company behind the data, Surgisphere, would not provide its data for peer review.
Passengers will be ordered to wear face coverings on public transport in England under new instructions issued by transport secretary Grant Shapps.
The contraction in the eurozone construction sector eased in May as restrictions were lifted and most building sites start up again in all major economies of the currency union.
New York governor Andrew Cuomo said New York warned of a coronavirus “boomerang” like other states that have seen new cases pick up since they started reopening.
Global donors on Thursday pledged more than $8.8bn to fund vaccination programmes for children in low income countries over the next five years, in a move projected to save up to 8m lives from diseases such as measles and cholera, after programmes were interrupted due to coronavirus.
The UK’s furlough scheme will cost less than expected because employers have been concentrating its use on part-time and low-paid workers.
The Czech Republic is poised to reopen its borders with Germany, Austria and Hungary, as European nations start to remove the limitations on free movement put in place to contain the coronavirus pandemic.
Virgin Atlantic has confirmed its plans to restart passenger flights as lockdown measures ease, with five international routes taking off from Heathrow in mid-July.
The European Central Bank has added an extra €600bn to the bond-buying programme it launched to support the eurozone’s pandemic-stricken economy as it steps up its efforts to stop the region sliding into a deflationary spiral.
Aston Martin is to cut 500 jobs as the carmaker overhauls its business in response to falling sales of its signature sports cars.