Japan is facing a threat to its economy as well as for its public health system because of the growing number of cases of coronavirus infections in the country. As a measure to try and mitigate this threat, Japan is… Read More ›
Day: February 18, 2020
EU Companies Reveal Little Data For Non-Financial Reporting, Finds New Study
Companies in the European Union are revealing very little data about what they are doing on non-financial issues such as climate change and human rights performance, claimed a new report released by the Alliance for Corporate Transparency. According to the… Read More ›
$4 Billion Fund Created By Singapore To Help Out Firms And Households Hit By Coronavirus
Business and households that have been hit by the ongoing coronavirus outbreak in Singapore will be helped by the government which has set aside a total of 5.6 billion Singapore dollars or $4.02 billion in reserves for the purpose for… Read More ›
Standard Chartered commits $75 billion towards sustainable development projects
On Tuesday, Standard Chartered stated, by 2024 it will $75 billion in financing towards clean energy projects and sustainable development. The development sees Standard Chartered aligning its aspirations in support of the Paris Agreement on climate change. In a statement,… Read More ›
Singapore unveils $4.5 billion economic package to weather coronavirus impact on economy
In order to safeguard and weather the impact of China’s coronavirus from ravaging Singapore’s economy and help contain the outbreak in the country, Singapore announced financial packages worth around $4.5 billion on Tuesday. While delivering the budget speech, Singapore’s Finance… Read More ›
UK companies have to spell out financial impact of coronavirus in annual reports: Britain’s financial watchdog
On Tuesday, Britain’s accounting watchdog stated, companies should disclose the financial impact that China’s coronavirus will have on their businesses, if any. Annual reports for 2019 are due and companies are required by law to disclose the main risks and… Read More ›
Nissan’s earnings and cashflow under pressure for 2019-2020: CEO
On Tuesday, Nissan Motor Co’s Chief Executive Makoto Uchida stated, he expects the carmaker’s earnings and cashflow to remain under pressure through the end of the financial year in March. Uchida made these comments while addressing shareholders for the first… Read More ›
Apple unlikely to meet revenue guidance because of coronavirus
Weakening demand in China along with lost production due to China’s coronavirus has prompted Apple Inc to revise its sales target which it set just three weeks ago. So far the coronavirus pandemic has killed 1,770 people in China with… Read More ›
