A report from the Wall Street Journal citing sources familiar with the matter at hand states, Occidental Petroleum Corp plans on naming former Chief Executive Officer Stephen Chazen as its new chairman. Provided discussions don’t fall apart, Chazen’s appointment is… Read More ›
Day: March 20, 2020
Walmart to hire150,000 workers to help shoppers during Wuhan coronavirus outbreak
In a statement Walmart Inc said, it will hire more than 150,000 hourly workers in the United States to help shoppers during the Wuhan coronavirus pandemic. Walmart’s rival Amazon.com Inc has also announced a similar move saying it would hire… Read More ›
UK eases competition law to allow supermarkets to cooperate and coordinate during Wuhan coronavirus outbreak
Britain will relax competition laws in order to allow co-operation between supermarkets so that shoppers can get access to the food they need during the Wuhan coronavirus outbreak. “We’ve listened to the powerful arguments of our leading supermarkets and will… Read More ›
JLR to suspend production at UK facilities from next week
Late on Thursday, as a measure to stop the spread of the Wuhan coronavirus, Jaguar Land Rover said it will temporarily halt production at its UK manufacturing facilities from next week. Production is likely to resume in the week of… Read More ›