Boris Johnson promises ‘jobs, jobs, jobs’ with post-pandemic plans

Boris Johnson promises ‘jobs, jobs, jobs’ with post-pandemic plans

Prime Minister Boris Johnson promised on Tuesday to “level up” Britain by tackling inequality and driving an economic recovery from the pandemic with a raft of laws presented to parliament by Queen Elizabeth. In a ceremony pared back because of Covid-19, the queen, who wore a day dress instead of the usual robes and crown, read out the bills the government hopes to pass during the next year on everything from job creation and healthcare to stripping away post-Brexit bureaucracy. At her first major public appearance since the death of…

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Business & Retail shops still ‘unsure’ as people return slowly for shopping

Business & Retail shops still ‘unsure’ as people return slowly for shopping

UK shops have made a promising start to the year as people have returned to high streets up and down the country, however, they are “not out of the woods” just yet, a leading trade association has warned. According to the latest figures from the British Retail Consortium (BRC), along with KPMG, total sales in Britain increased by 7.3% across the month of April, compared to the same month in 2019, as restrictions eased for non-essential stores under Boris Johnson’s roadmap out of lockdown. This was above the 3-month average…

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Finland to end state of emergency as COVID-19 cases drop & will finance post-Covid stimulus with debt

Finland to end state of emergency as COVID-19 cases drop & will finance post-Covid stimulus with debt

Finland should end its COVID-19 state of emergency as infection rates decline, Prime Minister Sanna Marin said on Tuesday, adding that the issue would go before parliament. “We see that the conditions no longer call for the emergency powers legislation,” Marin said. On April 9, Marin had presented a plan to relax restrictions in the run-up to the summer. The state of emergency was declared on March 1 because of a third spike in COVID-19 infections that began in late January. The daily number of coronavirus infections has been decreasing since…

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Intel Seeks EUR 8 Billion in Subsidies for European Chip Plant

Intel Seeks EUR 8 Billion in Subsidies for European Chip Plant

Intel wants EUR 8 billion ($9.7 billion or roughly Rs. 71,249 crores) in public subsidies towards building a semiconductor factory in Europe, its CEO was cited as saying on Friday, as the region seeks to reduce its reliance on imports amid a shortage of supplies. The pitch is the first time Pat Gelsinger has publicly put a figure on how much state aid he would want, as Intel pursues a multibillion-dollar drive to take on Asian rivals in contract manufacturing. “What we’re asking from both the US and the European…

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Reports say that Huawei will launch test satellites for 6G technology verification in July

Reports say that Huawei will launch test satellites for 6G technology verification in July

5G technology has now gone mainstream when it comes to offering support on consumer electronics like smartphones, although the deployment of 5G infrastructure is still limited to developed countries online while developing nations are working towards it. As 5G communication technology has reached the milestone, companies have now started working on the next-generation technology — 6G. One of the leaders in this segment, the Chinese giant Huawei, is now moving towards the next step. Report coming from China, citing Chang’an Shumajun as source who has close ties to Huawei, says…

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AS 2021 BEGINS, EUROPE’S HOTEL CONSTRUCTION PIPELINE STANDS AT 1,905 PROJECTS WITH 307,093 ROOMS

AS 2021 BEGINS, EUROPE’S HOTEL CONSTRUCTION PIPELINE STANDS AT 1,905 PROJECTS WITH 307,093 ROOMS

According to the latest Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts at LE report that at the close of 2020, Europe’s hotel construction pipeline increased 2% by projects and 3% by rooms year-over-year (YOY) to end the fourth quarter with 1,905 projects and 307,093 rooms, a record high project and room count for the region. Europe’s construction pipeline has remained robust as hotel developers have purposely delayed their opening dates to await improved operating conditions. Rooms under construction are at an all-time high of 967 projects/157,833…

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CHINA OUTSPENDS REST OF THE WORLD ON 5G INFRASTRUCTURE BY 2 IS TO 1 RATIO

CHINA OUTSPENDS REST OF THE WORLD ON 5G INFRASTRUCTURE BY 2 IS TO 1 RATIO

When Beijing sets its mind to building new infrastructure, there’s very little that can stop it. That’s the message coming from a top telecom official who was talking up China’s fast-growing 5G network at a major industry event taking place this week in Shanghai. The nation now has more than 718,000 base stations for the cutting-edge communications technology, covering all of its major cities, said Liu Liehong, a vice minister at the Ministry of Industry and Information Technology (MIIT). The nation’s huge base station buildup means China is now home…

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WHATSAPP,FACEBOOK,TWITTER,INSTAGRAM SIGNAL & TELEGRAM FACE PROBLEMS AS INDIA ANNOUNCES NEW SOCIAL MEDIA RULES.

WHATSAPP,FACEBOOK,TWITTER,INSTAGRAM SIGNAL & TELEGRAM FACE PROBLEMS AS INDIA ANNOUNCES NEW SOCIAL MEDIA RULES.

India’s new social media regulations want social media apps like WhatsApp, Signal and Telegram to identify the ‘first originator’. In cases where social media apps are being used to spread ‘mischief’, the government wants the ability to track down the instigators. Tracking the origin of messages may require apps offering privacy to break end-to-end encryption. To prevent the misuse of social media, the Union government on Thursday announced new rules that make it mandatory for platforms such as WhatsApp to aid the government in identifying the “originator” of certain messages containing unlawful…

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Facebook Dating Services & App may begin from February 2021 on Valentines day

Facebook Dating Services & App may begin from February 2021 on Valentines day

Facebook said it was launching its dating service in 50 European countries.Facebook Dating, the social network’s competitor to Tinder and other dating apps, launches today in Europe after a long delay from its planned Valentine’s Day debut. The dating service offers the same features in Europe as it does in the US, using the existing profile you’ve created on Facebook to find potential matches. Facebook tailors these matches with your preferences, Facebook activity, and, if you opt in, groups and events. FACEBOOK ORIGINALLY PLANNED TO LAUNCH ITS DATING SERVICE IN…

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UK economy feels the pressure as 2nd wave of Coronavirus pushes UK into severe recession

UK economy feels the pressure as 2nd wave of Coronavirus pushes UK into severe recession

The government will close the furlough scheme this weekend, with redundancies rising at the fastest rate on record and the second wave of Covid-19 pushing Britain’s economy to the brink of a double-dip recession, according to a Guardian analysis. As the chancellor, Rishi Sunak, prepares to end the multibillion-pound coronavirus job retention scheme and launch a less generous replacement programme, early warning indicators show business activity faltering as local lockdowns take effect. The number of people losing their jobs is rising much faster than during the 2008 financial crisis, while…

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