UK COVID-19 death toll jumps to 26,097

[ad_1] LONDON: The death toll in the UK from the new coronavirus on Wednesday jumped thousands and reached 26,097 when the government began counting COVID-19 related deaths in hospitals, nursing homes and the wider community from the country. UK Foreign Secretary Dominic Raab warned in the Downing Street daily briefing …

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Coronavirus: Grab dramatically reduces senior managers’ pay by up to 20%, tells drivers that additional financial aid may stop after June 1, Transport News & Top Stories

[ad_1] SINGAPORE – Grab has cut senior management salaries by up to 20 percent and encouraged its staff members to take unpaid, voluntary vacations. He also warned that he may no longer be able to provide drivers with more financial aid if current circuit breaker measures to combat the Covid-19 …

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DBS Q1 profit falls 29% on coronavirus loan loss provisions

[ad_1] SINGAPORE: DBS Group Holdings put aside sizable provisions to cover the impact of the coronavirus pandemic, as it reported a 29 percent drop in first quarter earnings, but retained its quarterly dividend. South East Asia’s largest lender teamed up with HSBC and Standard Chartered in supplying higher credit losses …

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