Shakespeare’s Globe Theater in London prepares for welcome visitors returning next month to its tours and workshops, in line with the second step of the UK government’s roadmap outside of lockdown. The open-air theater on the south bank of the Thames is set to reopen from April 13.
South Africa’s economy grew more than expected over the last three months of last year, prolonging its rebound from a second-quarter slump as coronavirus restrictions were made more flexible. GDP grew 1.5 percent in the last three months of the year, an annualized rate of 6.3 percent, according to data from Statistics South Africa.
The US $ 1.9 billion stimulus program will boost economic recovery from the pandemic around the world, the OECD said on Tuesday, improving its outlook for global growth. The Paris-based international organization said it expected a stronger rebound from last year’s historic recession than it had anticipated in November.
Florida couple pleaded guilty to filing fraudulent filing loan requests seeking more than $ 1.1 million in coronavirus relief in the United States, pretending to be farmers. Latoya Stanley, 38, and Johnny Philus, 33, of Miami, claimed they employed people on farm properties, which were actually the backyards of their small residential homes. They will be sentenced on June 2.
JDE Peet’s has forecast another ‘uncertain year’ for 2021, adjusting its mid- and long-term goals as the coronavirus crisis hit the coffee and tea group. “The long-term impacts of the pandemic are unclear,” said the Amsterdam-based group, which includes coffee brands Douwe Egberts, Kenco and Peet.
London’s Covent Garden has lost more than a quarter of its value due to the coronavirus, which owner Capital & Counties says will leave a sustainable brand on the neighborhood. The area was left deserted during the pandemic and the estate’s valuation plunged by £ 771m during 2020, down 27% to £ 1.825bn.
Continental expects “significant recovery” in global auto market this year despite pandemic and chip shortage, as German auto parts maker canceled its dividend after a year of heavy losses. The group recorded a pre-tax loss of 718 million euros for 2020, on a turnover down 15% to 37.7 billion euros.
ITV has launched a new round of cost savings after facing a ‘tough’ advertising market that has been weighed down by the pandemic, but is showing signs of rimprovement apid. The UK’s largest commercial broadcaster ended the last quarter of 2020 with total advertising up 3%, the first growth it has reported since the start of the pandemic. Total revenue for 2020 has fell 16% to £ 2.8 billion.