Author: Zein

Coronavirus: Yo! Sushi to shut restaurants and cut 250 jobs

Image copyright Yo! Sushi Yo! Sushi has announced it will close 19 restaurants and cut 250 staff as part of a company-wide restructure. The company is launching a company voluntary arrangement (CVA), allowing it to shut loss-making sites. It said the current climate and “changes in consumer behaviour” meant that rents at some restaurants were unsustainable. Yo!’s boss Richard Hodgson… Read more →

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Amazon launches online pharmacy in India

Image copyright Getty Images Online retail giant Amazon has launched an internet pharmacy in India, marking its entry into the country’s online medicine market. Amazon Pharmacy will make its debut in Bangalore and it may be trialled in other Indian cities. The move comes as the online drugs business has been given a major boost during the coronavirus pandemic. This… Read more →

Robots go their own way deep in the ocean

Image copyright Rovco Image caption Firms like Rovco are trying to make underwater vehicles more intelligent “It’s very common,” says Jess Hanham casually, when asked how often he finds suspected unexploded bombs. Mr Hanham is a co-founder of Spectrum Offshore, a marine survey firm that does a lot of work in the Thames Estuary. His firm undertakes all sorts of… Read more →

‘Raise sick pay’ to lower virus health and economic risk

Image copyright Getty Images Statutory sick pay should be increased and the furlough scheme extended on a flexible basis, new research suggests. Doing so would better manage a “crude” trade-off between lives and livelihoods as the UK economy reopens. These are two of the recommendations in a new report from the Royal Society. It says economic and health data should… Read more →

US jobless claims below 1m for first time since March

Image copyright Getty Images Image caption More than 28 million Americans remain on unemployment The number of Americans filing new claims for unemployment has dipped below 1 million for the first time since March. About 963,000 people sought the benefits last week, down from nearly 1.2 million the week before, the Labor Department said. The figures have been subsiding since… Read more →