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Coronavirus latest: Twitter chief to donate $1bn to coronavirus relief

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Via Financial Times

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Donald Trump said the US would “put a hold” on its funding of the World Health Organization, accusing the agency of being biased towards Beijing and failing to catch the pandemic early enough. Mr Trump said the US was responsible for the “biggest proportion of their money” and would withhold the funding until his administration had “looked into” its handling of the outbreak.

Donald Trump said on Tuesday that the UK government had “called” to ask the US for 200 ventilators, which are key to saving the lives of the worst-affected coronavirus patients. “The UK called today and they wanted to know would it be possible to get 200 [ventilators]. And we’re going to work it out,” he said.

Moody’s Investors Service said a tax cut to provide more liquidity to Mexican state oil company Pemex would strengthen its ability to boost capital expenditure, but warned it would not be enough to prevent it from having to tap revolving credit facilities and thus boost debt.

A Texas appeals court has upheld emergency restrictions on abortions imposed by Texas in response to the coronavirus outbreak saying it was justified in all but banning abortions in order to preserve medical supplies.

The head of Nicaragua’s human rights association has called on President Daniel Ortega to appear in public by Thursday morning as the former revolutionary’s lengthy absence from view has raised concerns about his health and the country’s strategy to fight the coronavirus pandemic. He has not been seen in public for 45 days.

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France’s death toll from the coronavirus pandemic has risen to 10,328, with 30,000 patients still in hospital of whom 7,131 are in intensive care, but the increase in the number of those needing ventilators continued to slow.

The chief executive of the English Premier League has defended football clubs’ use of the UK government’s furlough scheme, and warned that the country’s top division could lose at least £1bn if the coronavirus pandemic puts a stop to the season.

The Deutsche Post DHL Group has withdrawn its guidance for 2020, citing the downturn caused by the coronavirus outbreak, even as it registered strong growth in its German parcel business.

Barclays is setting up a £100m foundation to back charities helping vulnerable people during the coronavirus pandemic, with chief executive Jes Staley initially donating a third of his salary for the next six months, equivalent to £396,000.

There could be early signs of ‘curve flattening’ in the UK, according to the chief scientific officer. Sir Patrick Vallance said it was “possible” the UK was beginning to see “the beginning of change in terms of the curve flattening a little bit”.

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