Boris Johnson, British Prime Minister, announced on Tuesday that a public inquiry into the government pandemic management will be held in the next year. He said “there will be a time when we have to learn from what has happened” in the government’s efforts to defeat Covid-19.
The number of jobs available in the United States hit an all-time high at the end of March. Jobs in the United States reached 8.1 million, up from 7.5 million in February and the highest level recorded by the Bureau of Labor Statistics since it began tracking the figure in December 2000. The previous record was 7.6 million in November 2018.
Norway plans to spend a record amount the world’s largest sovereign wealth fund to boost recovery from the pandemic, as the center-right government braces for national elections it is set to lose. The government is expected to spend 403 billion Norwegian kroner ($ 49 billion) from the $ 1.3 billion oil fund this year, up from $ 369 billion last year.
Turkey current account produced a deficit for the 17th consecutive month in March as the economy grew by $ 717 billion accelerates after last year’s sharp slowdown caused by the coronavirus pandemic. The current account, the largest measure of trade in goods and services, was in deficit by $ 3.3 billion.
Farrow & Ball, the upscale British paint company known for its eccentrically named hues, is sold to Hempel of Denmark in a £ 500million deal. The company, whose paintings include Skimmed Milk White, Broccoli Brown and Dead Salmon, has been owned by Los Angeles-based private equity firm Ares since 2014 when it paid £ 275million.
The Slovak health ministry said on Tuesday that the country would stop giving the first doses of the AstraZeneca vaccine against Covid-19, in the last setback for the deployment of the company’s vaccines in Europe. “The Ministry of Health is currently considering several alternatives on how to proceed in this case in Slovakia,” he said in a brief statement.
Thyssenkrupp, the struggling German industrial group, plans to transition to its first adjusted annual profit in three years, thanks to a sharp increase in demand for steel and a economic rebound led by China. The recovery in the automotive market has helped key business units record increased orders and sales.
London Heathrow Airport has called for an expansion of the “green” list of countries to which British holidaymakers can travel without having to quarantine themselves on their return. Heathrow said passenger numbers fell 92.1% in April from pre-2019 pandemic figures, following restrictions.