More than 70,000 UK restaurants and pubs have signed up to the
government’s Eat out to Help Out scheme but how much of a difference
will it make to the crisis-hit hospitality industry?
In this live
Q&A with the FT's personal finance editor Claer Barrett and Andy
Bounds, the FT's Enterprise editor, we answer your questions on whether
tempting customers back with cut-price meals will make enough of a
difference as higher costs start to bite.
Sky News host Andrew Bolt says claims coronavirus came from a Wuhan
exotic animal market were beginning to fall apart with a Chinese
academic pointing the finger at dangerous virology labs.
A scholar from the South China University of Technology wrote a report
casting doubt on the claim revealing “bat was never a food source in
Wuhan” and bat was never sold at the infamous wet market.
Instead, the author theorised that “a nearby laboratory just 300 metres
from the market” was responsible for the outbreak.
He said a researcher who worked coronaviruses and bats was quarantined
for 14 days after being splashed with infected blood and urine.
The scholar has since withdrawn his paper, a decision Mr Bolt said may
have been due to pressure “to shut up” from Chinese leadership.
Mr Bolt also revealed on his show that another nearby lab, the Wuhan
Institute of Virology, bragged about discovering and identifying “a
large number of new bat and rodent viruses” in a job ad posted in 2019.
Chinese journalists have shed light on their country’s deadly
coronavirus cover-up which has led to tens of thousands of deaths and
sent global economies crashing to a halt.
Sky News Australia presents COVID-19: Ground Zero – an investigation
into what caused the killer coronavirus and how China managed to bury
the truth for so long.
South China Morning Post news editor Josephine Ma told Sky News her
government covered up more than 200 cases of coronavirus in 2019,
delaying global warnings and allowing the spread of the virus to leak
into other countries.
Ground Zero also details the incredible steps nations around the world
are taking to minimise the impact of the COVID-19 pandemic.
Image: Getty
Provincial and municipal leaders are criticizing U.S. President Donald Trump for attempting to halt exports of N95 masks to Canada.
To read more: http://cbc.ca/1.5522003
Illinois's Democratic Gov. J. B. Pritzker slams President Trump for not making greater use of the Defense Production Act.
"We've had to go out onto the open market to find masks... gowns, goggles, face shields, et cetera. We are competing against the federal government." pic.twitter.com/PoLhvqcM7H
BREAKING: President Trump has been tested a second time for the coronavirus and the result came back negative, the White House says, adding that the president is “healthy and without symptoms.” https://t.co/OCnAJDqC5a
US Center for Disease Control: All Americans should wear face masks.@realDonaldTrump: I just don't want to wear one. I don't see it for myself. pic.twitter.com/laSvyr9W6k
The United States industrial giant is the maker of Post-It notes, Scotch Tape, and one of the most desperately needed medical supplies in the world right now: N95 facial masks.
The $32 billion Minnesota conglomerate 3M is one of the world’s largest manufacturers of N95 filtering face masks, which have been in high demand in the U.S. and around the world since the coronavirus outbreak.
N95 respirators are so named because they are capable of filtering out 95% of large and small particles, including certain types of bacteria.
They are considered essential equipment in occupations ranging from construction to medicine.
And in early 2020 health officials worried there were not nearly enough of them. In early March, officials from the U.S. Department of Health and Human Services said the country had only about 35 million of the 3.5 billion N95 respirators needed in the event of a full-blown pandemic.
3M doubled global production to 1.1 billion per year from about 400 million per year, and the company said in late March it plans to double production again to 2 billion within 12 months.
The explosion of face mask demand could provide a small boost for 3M, which reported sales of about $32 billion in 2019. The company does not break down the actual size of its face mask business, but some Wall Street analysts estimate 3M sold anywhere from $100 million to $325 million in face masks prior to the outbreak of the disease.
The outbreak could add another $300 million in sales, said one analyst.
This would be only a tiny portion of 3M’s overall business, but the importance of the product still has focused a tremendous amount of attention on the company.
Shares of 3M, which are valued at about $78 billion, have fallen more than 22% since the start of the year.