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Tag: loss

EasyJet to make first annual loss in its history

EasyJet to make first annual loss in its history

Business
EasyJet has warned it faces losses of more than £800m this year and that it expects to fly at just 25% of normal capacity into next year.The annual loss will be the first in EasyJet's 25-year history.Although the airline said in a trading update it had taken tough action to cut costs, the warning underlines the continuing challenges for the industry.Sky News has reported that EasyJet has signalled to the government that it may need more financial support.There was no reference about needing state aid in the trading statement.However, chief executive Johan Lundgren said: "Aviation continues to face the most severe threat in its history and the UK government urgently needs to step up with a bespoke package of measures to ensure airlines are able to support
Coronavirus: Loss of smell may be clearer sign than cough

Coronavirus: Loss of smell may be clearer sign than cough

Health
Loss of a sense of smell may be a more reliable indicator of Covid-19 than cough or fever, research suggests. A study by University College London (UCL) of 590 people who lost their sense of smell or taste earlier in the year found 80% had coronavirus antibodies.Of those people with antibodies, 40% had no other symptoms. The research only looked at people with mild symptoms, however. Evidence that loss of smell and taste could be signs of coronavirus began to emerge from about April, and they were added to the official list of symptoms in mid-May.Current guidance states anyone who experiences a loss of, or change to their sense of smell or taste should self-isolate and apply for a test. But lead author of the UCL study, Prof Rachel Batterham, says cough a...

5 ways to pick yourself up and protect your finances after a job loss

Finance
silvana magnaghi | Moment | Getty ImagesTens of thousands of job cuts have been announced this week as a result of the ongoing coronavirus pandemic. With 28,000 employees expected to be laid off at Disney and 7,000 to 9,000 jobs cut at Royal Dutch Shell by the end of 2022, job losses are mounting among energy, entertainment, hospitality companies and many other sectors. The airline industry has also been among the hardest hit, and big job cut announcements could come as soon as Thursday. Barring additional federal aid, U.S. airlines are on the verge of shedding more than 30,000 jobs.Many of those jobs may not come back.More from Invest in You Looking to start investing? Don't wait until after the electionVulnerable familiesface financial crisis if government relief fades, Fed say...
Prolonged microgravity exposure doesn’t cause loss of brain tissue, study says

Prolonged microgravity exposure doesn’t cause loss of brain tissue, study says

Science
Sept. 4 (UPI) -- Long-term space travel can have a variety of effects on the physiology of astronauts. New research suggests prolonged exposure to microgravity does cause parts of the brain to reorganize itself, but does not trigger neurodegeneration, the loss of brain tissue. For the new study, published Friday in the journal Science Advances, researchers imaged the brains of 11 male cosmonauts from Russia who spent an average of roughly six months in space. Seven months later, the team followed up with a second round of imaging. Advertisement "This specific type of MRI we used, diffusion MRI, operates by acquiring 153 brain scans for each session, rather than just one brain scan," lead researcher Steven Jillings, doctoral student at the University of Antwerp, told UPI in an email. "Each...
Serena Williams cites fatigue after upset loss to Maria Sakkari

Serena Williams cites fatigue after upset loss to Maria Sakkari

Sports
Aug. 26 (UPI) -- Twenty-three time Grand Slam winner Serena Williams cited complacency and fatigue after she took a three-set upset loss to Maria Sakkari in the round of 16 at the Western & Southern Open. "I literally put myself in this situation," Williams told reporters after the 5-7, 7-6 (5), 6-1 setback Tuesday at the USTA Billie Jean King National Tennis Center in New York City. Advertisement "You know, it's like dating a guy that you know sucks," Williams added. "That's literally what I keep doing out here. It's like I have got to get rid of this guy. It just makes no sense. It's frustrating." Williams had 58 errors while Sakkari had 43 miscues in the two-hour and 17-minute clash. Sakkari edged Williams 27 to 25 in winners and had seven aces.[embedded content] "It was tough," ...