Fidelity Top Stories
IATA says red tape delaying Covid-19 medical cargo flights
Governments were endangering lives by holding up cargo planes delivering life-saving medical supplies to combat the coronavirus pandemic with “cumbersome and bureaucratic processes”, the air industry's trade body said on Wednesday.
Wetherspoon refuses to pay suppliers until lockdown ends
JD Wetherspoon has told its suppliers it will not pay them until pubs reopen after the coronavirus lockdown, according to an email seen by sustainability website Footprint.
Germany approves historic 750bn euro relief package, waves debt limit
Lawmakers in the euro area's largest economy waved the constitutional brake on debt limits as the country faces off against its hardest challenge since the Second World War.
SSP cuts jobs, cancels divi, seeks cash from banks, govt
Airport food concession operator SSP cancelled its interim dividend, cut jobs and said it was in advanced talks with the UK government on a financial support package as European revenues slumped by 80% due to the coronavirus.