In a statement, Uber Technologies Inc said, it will offer compensation to drivers and delivery people who have either been diagnosed with the coronavirus or have been placed in quarantine for up to 14 days. Uber has already begun compensating… Read More ›
All the Seattle, United States based employees of Amazon, Microsoft and Facebook have been advised by the companies to not to come to work and work from home for the next few weeks as the coronavirus outbreak continues to spread… Read More ›
On Friday, China’s Ministry of Industry and Information Technology stated, Tesla Inc has secured an approval from the government to sell a longer-range Chinese-made model 3 vehicles in the country. These Model 3 vehicles will have a driving range of… Read More ›
On Friday, as per a report from Germany’s Federal Statistics Office, industrial orders from Germany surged on bumper aerospace and mechanical engineering bookings, giving the manufacturing sector a big boost at the start of a quarter even as the global… Read More ›
In a statement, JPMorgan Chase & Co stated, Jamie Dimon, its Chief Executive has undergone an emergency heart surgery and that two deputies have taken over the charge as recuperates. Dimon, 63, experienced a tear in his heart’s main artery,… Read More ›
China’s coronavirus is dealing blow after blow to South Korean multinational giant LG Electronics Inc, an Apple Inc supplier. The initial outbreak forced LG to shutter its China factory for almost three weeks to help contain the spread of the… Read More ›
On Friday, in a statement S&P Global Ratings stated, if China’s coronavirus were to spread extensively in the Asia-Pacific region, it could wipe out $211 billion off the combined economies in the region with Japan, Singapore, Australia and Hong Kong… Read More ›
In an internal memo, JPMorgan Chase & Co stated, employees should forgo any non-essential domestic business travel in all of its worldwide locations due to concerns on the fast spreading coronavirus which has emerged from China. “Meet across cities and… Read More ›
On Thursday, England’s Chief Medical Officer Chris Whitty disclosed, British Members of Parliament (MPs) could potentially be affected by future advice from the government on China’s coronavirus. “Parliament will make its own decision about what it does overall, we may… Read More ›
According to four industry sources, PetroChina has declared force majeure on natural gas imports, including on liquefied natural gas (LNG) shipments and on gas imported via pipelines, following the coronavirus outbreak. PetroChina issued the force majeure notice to suppliers of… Read More ›
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