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Reality television is a genre of television programming which presents purportedly unscripted dramatic or humorous situations, documents actual events, and features ordinary people instead of professional actors. Although the genre has existed in some form or another since the early years of television, the term reality television is most commonly used to describe programs produced since 2000. Documentaries and nonfictional programming such as the news and sports shows are usually not classified as reality shows.
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Despite one of Europe’s strictest lockdowns, the Emerald Isle has become a pandemic bolthole. Matt Damon certainly thinks so. And handouts worth 350 euros a week are easing the pain of the unemployed. Aimee Donnellan gives a first-person account of the Irish quarantine.
With Beijing imposing a new law, the U.S. says the city is no longer autonomous. The decision, also reflecting President Trump's anger over the origins of Covid-19, sets the scene for more economic pain for China. Gina Chon discusses how the U.S. election raises the stakes.
Japanese Prime Minister Shinzo Abe may be serving up nearly $2 trillion in stimulus but he’s suddenly deeply unpopular. That will make it hard for him to take full advantage of the moment to push reforms that could buttress the economic recovery, Pete Sweeney argues.
The U.S. car rental firm has filed for bankruptcy, burdened with high debts and collapsing revenue. Hertz was heading in a decent direction before Covid-19. Restructuring offers bust companies the chance to try again, this time with more financial flexibility, says John Foley.
European stores are reopening, and more bling is being sold in mainland China, Burberry and peers say. But purchases by tourists won’t rebound at once and rising inventory suggests the current season is partly lost. Lisa Jucca explains why luxury will fly only when travellers do.
American Airlines’ market value has plunged to $4 bln, but even that could be too much. Like other carriers, it has grounded planes and taken government funding, but American already came into the crisis with too much debt. Its equity could well be worthless, John Foley argues.
The Japanese giant is spending $3.7 billion taking a financial subsidiary private, and creating a holding company to oversee its sprawl. Robyn Mak explains how Sony is embracing its conglomerate status - and thumbing its nose at Dan Loeb of Third Point.
JPMorgan’s boss took a few hits at the bank’s annual meeting, a sign shareholders are getting more antsy, explains Antony Currie. A large minority wants the lender to have an independent chairman, while around half are pushing for better information on its climate risks.
SoftBank Chief Executive Masayoshi Son has no shortage of problems, including money-losing bets like WeWork and Uber. But, as Liam Proud explains, a governance shakeup and slower pace of investments show that the Japanese billionaire is belatedly moving in the right direction.
Travel curbs and quarantines will constrain travellers this summer. But the easing of lockdowns in Europe and Asia brings hope to the $1.6 trln tourism industry. Lisa Jucca explains how governments can get creative to partly save the holiday seasons.