The once popular and currently struggling sandwich chain of the United Kingdom – Eat, will shut down completely and will not be seen on the high street of the country after Pret Manger, the owner of the brand, decided to… Read More ›
Day: March 24, 2020
Lockdown Is Causing A Shift Among Gamblers From Sports To Riskier Alternatives
According to one of the United Kingdom’s biggest gambling websites, with the lockdown in several countries including the UK in order to prevent the spread of the coronavirus, there has been a shift of gamblers from wagers on sport to… Read More ›
Coronavirus Lockdowns Puts Millions Of Gig Economy Workers In Dilemma
The coronavirus pandemic has put an impossible choice for the millions of gig economy workers across the world – whether to ignore the lockdown and go out to work or stay at home and earn nothing. This was evident in… Read More ›
Concerns Over Shortage Of Global Drug Supply As India Goes Into Lockdown Due To Coronavirus
The global pharmaceutical supply chain, that has become heavily reliant on China and India, could get disrupted because of the coronavirus pandemic, warned analysts. This has been accentuated by India taking strong measures of social distancing to prevent the spread… Read More ›
Volkswagen Group stops Russian production due to supply shortage from Europe
On Tuesday, Volkswagen Group Rus stated, the carmaker will suspend car production in Russia following a supply shortage caused by the Wuhan coronavirus outbreak in Europe. Volkswagen Group Rus will stop production at its Russian plant from March 30 to… Read More ›
Large U.S. banks expresses gratitude towards frontline workers with special pay packages
According to an internal memo from Wells Fargo & Co, the U.S. bank is set to join its peers in paying out a special compensation package to front-line employees. San Francisco-based Wells Fargo said, it would provide all of its… Read More ›
U.S. SEC warns against opportunistic trading during Wuhan coronavirus market route
In an unusual statement that essentially underscores the chaos coursing through the financial markets, the U.S. securities regulator has warned corporate executives against insider trading. In a statement, the SEC said, company directors, consultants, officers, employees, and other outside professionals… Read More ›
Virtual tipping jars spreads warmth in the midst of Wuhan coronavirus shutting down U.S. restaurants and bars
With restaurants and bars shutting down across the United States to stop the Wuhan coronavirus shutting from increasing its footprint in the country, America’s service culture is moving online. Consumers who frequent their favorite restaurants and bars can now tip… Read More ›