business review. shewn digits 100 scenes on has a view in the orbit in the genes good understanding of order and genes and how. it is a question is a more subtle it's what are starting to. make clicks on the since it will have to download and fast to tire tampa. and fire the mortars and if you can. so the germans are more backpack been plucked but more high top than high heel but that's not necessarily a bad thing for sure the french might be chic but the germans are comfortable the overall trend for practicality and thriftiness also mean that your clothes are less likely to mark you out with belonging to a particular social club oh and the transition from day to night is a breeze. some say this harks all the way back to when most of modern day germany was part of the kingdom of prussia the so-called prussian virtues include a sense of order self-restraint and pragmatism in 2007 germany decided it wanted a piece of the international catwalk action and launched the bit in fashion week. the event is kno

and seeing as social distancing is becoming the new norm — harvard business review carries a very usefuleport on how to avoid hand shaking. so let's begin. with me is mark davies — ceo of strategy consultancy, camberton. will come to that in the moment. the daily telegraph, many more families are going to lose loved ones. this is the morning from borisjohnson yesterday, very stark and distressing for many people. unsurprisingly, it's what taken headline space onjust unsurprisingly, it's what taken headline space on just about every paper this morning with the exception of the son which has cough and you're off. everyone else is wrong with this. it was a very sober press conference. really not the borisjohnson were used to sing at all. he is having a good crisis so far because people are surprised by the measured approach he has been taking. people are surprised by my minister's statement like —— statesmanlike and sombre handling of the press conference. given president crump —— president trump came under criticism, it is in stark contrast however the measures that have been introduced in

and seeing as social distancing is becoming the new norm — harvard business review carries

. >> translator: many businesses review their debts every quarter or every half year to consider refinancing prices remain low, the weaker energy firms may begin to fail around june. >>> the international energy agency says it expects coronavirus fears to put a big dent in the global oil market this year. it's forecasting the first contraction in more than a decade. the agency releases assessment that saudi arabia decided to drive down the price of crude oil. the energy watchdog says demand is likely to drop about 90,000 barrels per day from last year. it says the demand for transport fuel has plunged and economic activity is slowing. that's expected to cause a drop in demand of about 2.5% for oil globally in the first quarter of this year. the iea says 70% of that loss would stem from china. >>> a ban in japan on the resale of face masks that marked up prices is set to go into force from sunday. the government has approved the measure as the masks are in short supply amid the outbreak. violators will face penalties up to a year in prison or a fine as high as 1 million yen or nearly $10,000.

outright closure of a user account so far hundreds of alerts were put on different business pages after receiving positive reviews coming from the same ip address that means generally the same person or some sort of system there are 300 businesses even received alerts because the owner was accused of purchasing or encouraging these reviews now the op is gone as far as closing $550.00 user accounts so far. this year in relation to a ring creating fraudulent reviews you know i don't know about you sarah but i'm personally a yelp user just sorry about this earlier and i asked who still uses yelp i actually rely a lot on google a travel advisory like you said it when you're overseas but the things you hope as 178000000 user reviews but this reminds you of that episode of south park where basically the yelp reviewers became like celebrities in town that it had to cater to them like they were some sort of big time restaurant critics so it becomes an issue and we've seen this time and time again and they also said that they address the situation in regards to sometimes politics plays into this you know if a company has

that's according to an expert who explained to the harvard business review this is quote the loss ofoll. the loss of connection. we are grieving collectively. we are not used to this kind of collective grief in the air, end quote. we will survive this. but we're going to need some help. joining me now is david kesler. he's the founder of the website grief.com. he's the author of "finding meaning, the sixth stage of grief." david, thank you for doing this. >> thank you. >> it's an important conversation. there are people who have called and told me they're feeling anxiety and my response is you should. this is what anxiety was built for. this was what fear was built for. we are given these emotions to deal with the challenges in our life and to some degree that is what grief is for too, right? that's how we emotionally confront things like this where normalcy is challenged. >> exactly. you know, grief is change. and it's a change we didn't want. and this is a change we didn't want. we're used to turning on our tvs and seeing images of sporting games and entertainment. we're not used t

and i hold monthly business reviews not held in the past. where we meet with every business along with their senior folks. and we review their financial results. their risk controls. progress they are making on people. including the diversity component of that. added to that is a fulsome budget process which is far moreau bust than something we have had in the past which becomes a mechanism for to us proactively discuss things and make decisions that prior to that were made in the individual businesses. mr. tipton: thanks for that. i come from a rural area. we have a lot of conversation in this committee in regards to urban impacts that are going on. could you maybe highlight for us the importance of wells fargo i think has a number of branches in my district, rural communities. does that play a pretty important role in regards to c.r.a. in terms of credit access for small businesses? mr. scharf: i think it's extremely important. i think it's not just important for numbers, but it does go when we think about some of the things that wells has

the cfo and i hold mentally business reviews that were not held in the past where we meet with every business along with the senior folks and review the risk controls including the diversity component. >> added to that is the budget process which is far more robust that were made in the individual businesses we have a lot of conversation with urban impact. could you highlight the importance that wells fargo has a number of branches. does play and important role with credit access to small business? >> it's extremely important but when we think about wells has done well and not done wel well, helping underserved communities. so the branches that we have in the communities where we have been have been fit one - - have been very important and will be going forward. >> and with regards to the coronavirus and other challenges that may caught up terms on whether or not you feel you are well capitalized taking that into consideration. >> the point that i would make looking at the stress test it takes unemployment 10 percent gdp going down 8 percent so as part of that process we have to be ab

a business owner, a consumer can flag earlier and say hey, this violates guidelines. we were review, would likely fall into that example. iq and being heavily weights and says gosh, yes, this does violate our guidelines. we will manually pull that off. i just don't think bringing 230 into the competition is a useful a productive way to develop policy that is going to encourage a competitive and consumer from the internet. >> host: what is yelp based and are you a public company? >> guest: we are based in san francisco. with offices in handful of cities across the u.s. including washington, d.c. we have i believe about 6000 employees today and we are publicly traded under the sign yelp. >> host: what were your revenues in 2019? >> guest: you will have two call my cfo and ask that. i am very focus on my work in terms of educating policymakers, and this is an answer that i should know the answer to this question but off the top of my head this passport i do not know. >> host: how did you get to yelp? >> guest: i used to work in politics and originally from arkansas, and it was 2007 and

harvard business review put out a piece taking a look at the lessons learned from italy the things that they had done wrong, and the authors made the point that in order to really be effective, you have to take some early and very extreme measures and as a result if you do that properly, it really does lower the number of cases making it work do we run that risk that if this looks like it's working, there's going to be a call to openup things earlier to get back to business as usual? >> reporter: yeah, absolutely. you know, you saw this in the financial crisis back in 2008. the obama administration sort of struggled with this idea of, you know, if you succeed and your bailouts and your huge investment here works, then it looks like nothing really went wrong and, therefore, you don't get any credit for avoiding something that was potentially much more disastrous politics doesn't work that way on the avoidance of a negative you don't get sort of political points going into the next election for that because the negative thing never happened. the same kind of dynamic could play out here ex

restaurant chains plan to review business hours and adjust operations. >>> the bank of thailand has slashed the country's annual economic forecast into the negative. it says the tourism and export sectors are being hit hard by the pandemic. the central bank says its projection is now minus 5.3%. the rate given for the previous forecast in december was plus 2.2.8%. a dip below 5.3% would be the lowest since 1998 during the asian currency crisis. >>> credit ratings agency moody's has downgraded softbank group by two notches citing its massive plan to sell assets to reduce debt. the planned selloff will be challenging in the current financial down turn, they say. the agency says they're reviewing softbank debt for a further downgrade and highlights the possible sales of core parts of the portfolio, including shshares in alibaba. south ba sosoftbank said itt would sell assesets of up to $ billion. the group criticized them saying it was pessimistic assumptions. soft bank says it will soft misunderstanding among investors. it's asking moody's to remove all bond ratings on the group. >>> postponi

have is we have an army of human beings that are constantly looking at flags so a business owner, consumer and flag the review and say this violates guidelines and so a review like what you are describing would likely fall into that example and a human being evaluates that and says yeah, gosh, this does violate our guidelines so we will manually pull that off. i just don't think that bringing 230 into the conversation is a useful or productive way to develop public policy that will encourage a competitive and consumer from the internet. >> host: where is yelp based and how employees and are you a public company? >> guest: we are based in san francisco and we have offices and a handful of cities across the u.s. including washington dc. we have, i believe, about 6000 employees today and we are a publicly traded under the sign yelp. >> host: what were your revenues in 2019? >> guest: you will have to -- [inaudible conversations] i will have to call my cfo. i'm focused on my work in terms of educating policymakers and this is an answer to that i should note the answer to this question but off the top of my head t

and finally in an increasingly connected world customer reviews can help prop up local businesses in some cases even think them but yelp there are of us and website which boasts roughly 178000000 unique visitors is trying to take on fraudsters who are gaming the system on tuesday yelp released its 1st consumer alerts report which lays out situations where the company's team found fraudulent reviews or activity the actions against fraud can range from putting alerts on a customer's reviews or of businesses page all the way to an outright closure of a user account so far hundreds of alerts were put on different business pages after receiving positive views coming from the same ip address that means generally the same person or some sort of system there 300 businesses even received alerts because the owner was accused of purchasing or encouraging these reviews now the op has gone as far as closing 550 user accounts so far this year in relation to a ring creating fraudulent reviews now i don't know about you sara but i am a person a yelp user just sorry about this earlier and i add who s

itjust holds the business back from investing and driving growth. the government is promising a fundamental reviewe big chains which are trying to steer through turbulent times in the towns in need of the most support. emma simpson, bbc news, blackpool. today is international women's day — a worldwide event which celebrates women's achievements while also calling for gender equality. this year's theme is each for equal which aims to challenge stereotypes, fight bias and broaden perceptions. 0ur correspondent charlotte gallagher has been in central london seeing how the day was been marked there. thousands of people are at parliament square today to mark gender equality around the world. this year feminists have teamed up with climate change activists because organisers say they want women and girls to have more say in the plans to tackle global warming in different countries across the world. they say at the moment that just isn't happening. there are lots of celebrities here today as you would expect, bianca jagger, the game of thrones actress natalie dormer, ricky wilson from the kaiser chiefs a

itjust holds the business back from investing and driving growth. the government is promising a fundamental reviewis halving them for small shops at the budget. but that won't be much help to the big chains which are trying to steer through turbulent times in the towns in need of the most support. emma simpson, bbc news, blackpool. the duchess of sussex, in one of her last formal royal engagements, has urged men to do more to respect women. she was speaking during a surprise visit to a school in east london, ahead of international women's day. last night, she appeared alongside her husband prince harry, at an event at the royal albert hall. this report from nicholas witchell contains flash photography from the start. cheering take a good look, because we won't be seeing much more of this for a while. the duke and duchess of sussex, last night, at the royal albert hall, still introduced as "their royal highnesses" and still very much looking the part. harry was making a final appearance as captain general of the royal marines, complete with gold braid, medals and honours. for her part, meghan is le

itjust holds the business back from investing and driving growth. the government is promising a fundamental review small shops at the budget. but that will not be much help to the big chains which are trying to steer through turbulent times in the towns in need of the most support. emma simpson, bbc news, blackpool. a woman has been arrested on suspicion of murder after the body of a baby was found woodland. the newborn boy was found in hythe, near southampton, on thursday. hampshire constabulary said a 36—year—old woman was in police custody, calling the investigation into the baby's death "difficult and complex". today is international women's day, a worldwide event which celebrates women's achievements while also calling for gender equality. this year's theme is each for equal which aims to challenge stereotypes, fight bias and broaden perceptions. 0ur correspondent charlotte gallagher has been in whitehall. thousands of people are at parliament square today to mark gender equality around the world. this year feminists have teamed up with climate change activists because organisers say they wan

itjust holds the business back from investing and driving growth. the government is promising a fundamental reviewat the budget. but that will not be much help to the big chains which are trying to steer through turbulent times in the towns in need of the most support. emma simpson, bbc news, blackpool. lebanon's government has voted to default on a foreign currency debt for the first time in the country's history. the country will no longer pay a 1.2 billion euro bond that matures this monday. the prime minister hassan diab said lebanon's debt had become more than it could bear and the decision had been made to protect the country's interests. the duchess of sussex has used one of her last appearances as a senior royal to urge men to do more to respect women. she was speaking during a surprise visit to a school in east london on friday. the details have been released this morning to mark international women's day. last night, meghan appeared with her husband prince harry at an event in london. 0ur royal correspondent nicholas witchell reports. take a good look, because we won't be seeing much mor

itjust holds the business back from investing and driving growth. the government is promising a fundamental reviewates and is halving them for small shops at the budget. but that will not be much help to the big chains which are trying to steer through turbulent times in the towns in need of the most support. emma simpson, bbc news, blackpool. cricket, and australia have beaten india to win the women's t20 world cup final in melbourne. the hosts scored 184 for 4 in their 20 overs. india were bowled out forjust 99. the game's organisers had been hoping for a record crowd for a women's sporting event, but the 86,000 figure fell 4,000 short. the duchess of sussex has used one of her final public appearances as a senior royal to urge men to do more to respect women. she was speaking during a surprise visit to a school in east london on friday. the details have been released this morning to mark international women's day. last night, meghan appeared with her husband, prince harry, at an event in london. this report from our royal correspondent nicholas witchell contains extensive flash photography from

ask all essential retail businesses to review this 19.nj.gov, andvid apply these practices in your establishments. i exchanged notes earlier today with mark peron. already in his name a prior session -- the leader of union, one of the largest if not the largest country.ions in the an again, mark expressed important point which we've raised here before which you've healthcare workers and first responders and not terribly far got folks doing the essential work in and pharmacies into contact with folks and have less personal protection equipment at their disposal, et cetera. directive from judy and her colleagues walks through including keeping retailes at these operations as low as possible, distancehe six foot mandated and make sure there's hyper-hygiene, hand hygiene, surfaces, et cetera. in addition, while there has broadcom pliance with my executive orders, we're hearing of essentialrts businesses failing to implement distancing, too many reports. this is especially crucial for manufacturingand personnel. again, like our retail brothers and sisters, who are on the of our supply chains and these

i asked all essential retail businesses to review this guidance again on covid-19. en covid19.nj.gov. and apply these practices in your establishments. i spoke earlier today are exchanged earlier today with mark who as i mentioned his name already, and one of sessions the leader of the u.s. seat w union which is one of the largest if not the largest retail union in the country. and again, mark expressed an important point which was raised here before which is the healthcare workers and first responders, and not terribly behind, you've got folks who were doing the essential work in supermarkets and pharmacies. in their coming into contact with folks and then just because of the limited supplies, we have nationally, have less personal protective equipment at their disposal etc. so this directive from judy follies, walks through best practices including density and keeping densities that these retail operations as low as possible. keeping that 6-foot distance possible but mandated. and make sure there's a hyper hunting, much more regular hygiene in terms of hand hygien

business. but we keeping that under constant review. 0n do their business. review. on your point about where we are in the balance of prohibition and allowing people to enjoy themselves outside. let's be absolutely clear, we have already taken some very draconian steps. we have closed the schools, closed a huge swathe of the uk economy, bars, pubs, clubs, restau ra nts, economy, bars, pubs, clubs, restaurants, theatres and so on. a huge quantity of our normal daily life has been totally transformed. it is very important for people's mental and physical well—being that they should be able to get out and exercise if they possibly can. many, many people do not have access, let's face it, to private green space where they can do that. and thatis space where they can do that. and that is why parks, open spaces are so absolutely crucial for our country and for our society. but when we do that, we have to do it responsibly. so our message to people, the message i want to get over tonight, because we have all seen how people have been enjoying themselves over a beau

we do hold the cfo and i monthly business reviews that were not held in the past and we meet with everybusiness along with their senior folks and review their results and the wrist control, progress or making on people including the diversity report myth on a basis that is a budget process which is far more robust than something we've had in the past which is becoming a mechanism for us in making decisions prior to that were made in the individual businesses. >> thanks for that. i come from a rural area and we have a lot of conversation in this committee in regards to urban impacts. could you highlight the importance of wells fargo that has a branches in my district in rural communities. does that play through the important role of the sea are a and credit for small businesses? >> it's not just important for our numbers but when we think about some of the things that this has done well and not done well. serving in underserved communities is important to the company. the branches that we have in these communities where we've been for a long time are very important to us. investments tha

employees there in such a time but larger businesses are actually stepping in and helping like for example yelp which is the online search engine which gives reviews to small businesses now they're offering free advertising up to $25000000.00 to relieve to small businesses and also facebook they're offering about $100000000.00 in free advertising and although this is a very small amount to these businesses it's could be very significant to the smaller businesses and advertising for a small business is so crucial so it is great that they're actually stepping out and we'll keep following the story sites haven't thank you so much. that's it for this time you can catch boom bust on demand on the brand new portable t.v. episode elbow on smartphones through google play in the apple app store by searching portable t.v. or streams to your t.v. by downloading the portable t.v. app on apple t.v. and online a portable t.v. or you can also catch the coronavirus tracker on the portable t.v. up or you can get the latest news and information about the spread of the virus and as always check us out on you tube dot com slash 2 must see you next time. we're going t

sometimes that glowing five-star review from your cousin mary will not make it on your yelp page. it will irritate the businesser. it has led to a lot of conspiracy theories, frankly. but it is our willingness to air on the side of caution and ultimately better predict the consumers off-line experience that has made us so popular with consumer. host: on the flipside, our consumers liable for negative reviews? guest: it is a great question and an important question. in certain instances, yes. if a consumer is using their platform to defame a business, they should be held liable. and a business is well within their rights to pursue the individual. ise often, what we see overly litigious this misses imagine -- overly litigious businesses-imagine a grad student writing an honest review of may a shady dentist. this dentist is in skin and calls his lawyer and says i want to get this review off the internet, can we write them a scary letter? they send a letter and most of the time the user will just pull that information off the web and say, i do not want to enter into a lawsuit with this deep-pocketed dentist. and t

organization. >> the framework makes clear what everyone in the business has to do, what their level of responsibility is and how to do that reviewndependent of the business itself. the third line plays an important role, and looking what is done. those levels of independence are important but most importantly the robustness of what we have in place, not just the people that exist but the processes and documents we are building create a very different control environment then existed historically at wells. >> you stated this before but i would like to ask again, as mister scott stated, i am also a wells fargo customer, under your leadership, regulators and expectations as well as needs of the customers. >> i take it a step further which is what i explained to people, not just because regulators wanted, it is the right way to run a company and we need to do this because we believe it is right and we run the company that way, regulators will be fine with it. >> final question based on time. we talked about restructuring from a more federalist type organization to a more streamlined centralized organization. how did that decentraliz

businesses has gone down. she wants the chancellor to review business rates.ne, there's a lot of businesses gone, there's a lot of businesses gone, there's a lot of e m pty lot of businesses gone, there's a lot of empty spaces. people have been here a lot longer than i have and they've had to go because they can't afford it, they can't afford the business rates or the rate they got to pay, plus the water rates, then the electric, then that's before they've done any wages. but whatjulie's even more worried about is coronavirus. if events are shutdown, so is her business. really worrying time forjulie and lots of business owners we've been speaking to in darlington. let speak tojojasmine, speaking to in darlington. let speak to jo jasmine, you employ speaking to in darlington. let speak tojojasmine, you employ 22 people in two small businesses? that's right. is coronavirus on your radar, is that your biggest worry ahead of the budget? it is a concern because the budget? it is a concern because the government need to be clear about the advice they are giving. the

good idea because it was just within a few months that the pipeline was open for business and the environmental impact review said that everything was great and good to go and now we are finally hearing otherwise but at the same time the traveling ministration is expected to fight back against this because. trump has really set a legacy for himself where he's fought back against the national environmental policy act and he seems to want federal agencies to be able to do whatever they want whenever it comes to opening a pipeline or building a highway or something like that without taking the time to take the environment into consideration or take responsibility when things go south what is this is a this is a huge window for the standing rock sioux what is the next step in this process moving forward so the judge right now is calling for both sides to present their arguments on whether or not the pipeline should remain open and hold that new environmental impact review is completed so there is a chance that he could push for shutting the pipeline down altogether if a well enough argument is made for that now

this includes reviewing business continuity plans that firms have put in place to manage operational of the virus. major uk banks are well able to withstand severe market disruption. they held £1 trillion of high quality liquid assets, enabling them to meet obligations for many months. in response to the material fall in government bond yields in recent weeks, the prc invites requests by insurance companies to use the flexibility in the solvency two regulations to recalculate the transitional measures that smooth the impact of those regulations. this will also support market functioning. let meehan back to mark. let me mention one of the support we have in place, which is that the bank of england does have operations in place to make loans in all major currencies on a weekly basis. commercial banks have already prepositioned enough collateral with the bank of england to allow them to borrow £300 billion through these facilities. now i will conclude. the bank of england's actions today comprise a timely and powerful package to support uk businesses and households to bridge a temporari

this is "bloomberg best," your weekly review of the most important business news, analysis, from bloombergews. let's start with a day by day look at the top headlines. the dominant story throughout the week was the global spread of the coronavirus, and on monday, as reported infections climbed, financial markets felt the pressure. >> coronavirus continues to spread beyond china and outside asia, raising concerns about the prospects of a pandemic. south korea, which raised its infectious disease alert to the highest level over the weekend, just confirming 161 new cases and two more deaths, and now seven deaths and over 750 new cases, all in south korea. >> we heard from the finance ministry. they will be announcing, they say, extraordinary measures for the economy. and italy as well -- this is the epicenter of where the outbreak has been in europe. more than 140 cases there. >> indeed, milan's stock market opened down 4% this morning. spreads are spiking already, and italy was already in a fragile economic situation. the economy contracted in the last quarter in 2019. it was preparing for a

business. and we will begin with a presentation and review of the fiscal year 2021-2024 area plan for the california department of aging. thank you. welcome. >> good morning, commissioners. i'm rose johns. i'm a planning analyst with the human services agency. today i'm before you with director mcfadden to present an overview of the area plan. you should have received a copy of that in the mail early last week. hopefully you've had a chance to look. our presentation is informational. we want to share information, get your input, and then we will return next month seeking your approval of the final plan. today our presentation will begin with an overview of the purpose of this plan. i will share some highlights from the large 22-section report. then director mcfadden will touch on our goals and objectives. so the area plan is required by the older americans act. it's submitted to the state department of aging every four years. the purpose of the plan is to outline how the department will use older americans act funding to support seniors in the community and how the department will be working to coor

and this isn salek your weekly review of the most important business news, analysis, and interviews from bloomberg television around the world. let's start with a look at the top headlines. last friday and talks between saudi arabia and russia as oil output cuts collapsed in vienna. opec officials say they will work toward a deal, but the kingdom announced it would start pumping more, leading to an uproar when markets opened monday. implosion ofmic confidence in the oil market, in equity markets. for the oil market, the biggest one-day plunge since 1991. >> a significant breach between saudi arabia and russia. talks broke down very badly last week, and over the weekend, the saudi's have escalated. pump 10 they can million, 12 million, big increases. they clearly want to punish russia for what they see as being disappointment between talks, the breakdown. this is unprecedented. with a market that was already trying to digest the supply and demand shocks from coronavirus. now we add the collapsing crude oil prices and that is sending markets potentially into full-blown panic mode. investor

your weekly review of the most important business news, analysis and bloomberg television around the world. let's stop -- start with a look at headlines. global equity markets coming off their worst week since 2008, investors were already on edge and weak economic data from china did not help. >> investors racing for more negativermoil after coronavirus development and according to the lowest level on record, it's bikes around the world. pmi data way worse than expecting. got..3 was what we startednever seen lows in the official number we got saturday, that also came in well below the estimates. services 29ring, so point six, another record low. >> the worst showing a bit of science prompted by optimism that central banks will once again saved the day. he has signaled that he is prepared to cut rates. of doj offered to buy 4.6 sovereign debt. certainly, the financial markets, turmoil of last week in what you are seeing is central banks on a friday that this it is alert that we get, very much in market stability. >> it looks like we will get a meeting tomorrow. >> there is nothing tha

we have heard for a very long time from the current government that there will probably review businessthan many of those digitally based companies and that shouldn't be the case. your only regret was that they didn't put up taxes where they could? it is not my only regret, i also regret the fact they haven't had a longer term approach to things in many different cases. this isn'tjoined to things in many different cases. this isn't joined up to things in many different cases. this isn'tjoined up in the way that it should be. and i particularly regret, as i say, the lack of any apparent ambition around one of the biggest challenges, as indeed the chancellor acknowledged at the end of his speech, of social care. let's hear from faisal islam. isn't the problem for you that it turns out to some degree you are right, the public was prepared for big estate, more infrastructure and investment, but with that comes a need for perceived even more competence than running the government with the sorts of services that it does at the moment and that's where your party hasn't been able to land it wit

businesses. what we do know is that borisjohnson told us it will be reviewed on a month by month basis. package of measures announced by the british chancellor last night, the second within a week, has been widely welcomed. it includes grants covering 80% of the salaries of workers at risk of losing theirjobs. but there's concern that freelance, self—employed and contract workers aren't included, and will have to rely on benefits. the chief secretary to the treasury, stephen barclay, has been responding to those criticisms. i very much recognise we are in an unprecedented situation with working across political, working with the tuc, working with business leaders, working across the uk with the welsh, scottish and northern ireland governments to respond. the specific things we have done for the self—employed, we took measures for example the self—assessment payment that was due injuly, we have taken measures to support individuals, so often the biggest cost for many people is their mortgage or rent, we have taken measures there. but the main thing we have also done is to strengthen the

the lesson of the whole business declared the north american review, obviously is that congress should exercise its constitutional power and perform its constitutional duty of prescribing uniform team measurements and reckonings for the whole country. but this would not happen for 45 years. the worldwide organizing principle of time, time zones and the literal meaning of standard time were all but lost in america. at the annual meeting the beginning committee of the new york stock change the members resolved to open and close the exchange to the absolutely nonstandard standard of new york city time. this sort of talk but new jersey in an uneven veriable position. the new jersey state senate rejected a daylight saving bill. this left thousands of residents, wrote the times in a badly tangled state of affairs writ will be possible for a commuter living 45 minutes from new york city to reach his home 15 minutes before he started. by the summer of 19:21 virtually all cities and industrial towns in gashedden state passed local ordinances, most of the rest of coat did not follow sued. thus i

the retailer, which also owns waitrose, has launched a review of the business which it said would involveoal of net zero carbon by 2050 unless it finds a way to finance nuclear power stations, the nuclear industry has said. the industry sent a confidential letter to chancellor rishi sunak which has been seen by the bbc. the letter was prompted by fears that the government will use next week's budget to ditch a plan to pay for new plants through a levy on energy bills. so as you've been hearing, flybe is telling customers "not travel to the airport" unless they have arranged an alternative flight. the exeter—based airline went into administration last night after narrowly avoided going bust in january. in a letter to the airline's staff, chief executive mark anderson said: "despite every effort, we now have no alternative — having failed to find a feasible solution to allow us to keep trading. i am very sorry that we have not been able to secure the funding needed to continue to deliver our turnaround." earlier we spoke to matt roach, the boss of exter airport and asked him what impact las

your weekly review of the most important business news, analysis and interviews from bloomberg televisionund the world. let's start with headlines. with cases of coronavirus mounting and equity markets coming off their worst week since 2008, investors were already on edge. weak economic data from china did not help. >> investors racing for more market turmoil. chinacturing activity in falling to the lowest level on record in february. pmi data way worse than we were expecting. >> records tumbling in china. 40.3 was the number we got. lowave never seen that since we started. in the official number we got saturday, that also came in well below the estimates. nonmanufacturing, so services 29 -- services and construction, 29.6, another record low. >> the worst rout showing a bit of science prompted by optimism that central banks will once again saved the day. -- save the day. buyapan the boj offered to $4.6 billion of sovereign debt. -- aare saying as recession is likely. >> certainly, the financial markets, turmoil of last week in what you are seeing is central banks is that signal alert. >>