Tag: Europe

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COVID-19: Britain Set For Highest Death Toll in Europe- Study

Britain could experience 66,000 COVID-19 deaths by July, far more than Italy, the next most severely impacted, with around 20,000, a study says.

Testing Kits Sent From Europe To The UK Contaminated With Coronavirus

Coronavirus testing kits that are due to arrive in the UK have been contaminated with the novel disease. The news comes after Health Secretary Matt Hancock, who has now been infected with the disease said 3.5 million antibody tests have been ordered to enable health officials to carry out 11,000 tests a day.

Ford to cut 12,000 jobs in Europe before 2021

Ford said it will cut 12,000 jobs in Europe by the end of next year. This is in its bid to return the business to profit, part of a wave of cost reductions in an auto industry facing stagnant demand and huge investments to build low emission cars.

Facebook cryptocurrency not getting political backing in Europe

Facebook unveiled its Libra cryptocurrency on Tuesday, and it didn’t go unnoticed by European officials. Just few hours after the company announced its crypto ambitions, French Finance Minister Bruno Le Maire poured cold water on the project.

Chinese vendors ban will cost Europe’s 5G $62 billion more- analysis

An industry analysis ststes that a ban on buying telecoms equipment from Chinese firms would add about 55 billion euros ($62 billion) to the cost of 5G networks in Europe and delay the technology by about 18 months. 

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