According to a Congressional report that was released on Wednesday, Wells Fargo is not complying with the terms of multiple settlements related to its sales scandal. The U.S. House of Representatives Financial Services Committee released the findings of its year-long… Read More ›
JetBlue Airways Corp and United Airlines Holdings Inc have cut down flights and have implemented cost controls measures in the wake of China’s coronavirus spreading in the United States depressing travel demand. In a letter to employees, United Airlines announced… Read More ›
Financial firms in New York City are already testing work-from-home capabilities, implementing travel restrictions and canceling or modifying upcoming events even as China’s coronavirus, which landed on the finance capital’s doorstep, showed little signs of abating. Grand Central Station headquartered… Read More ›
Following the decision of India to put a cap on the export of drugs manufactured in the country because of the coronavirus, fears of global shortages of some common drugs have started to arise. Exports of 26 ingredients and the… Read More ›
Two different types of the new coronavirus could be behind the infections of the virus worldwide, researchers in China have found. A more aggressive type of the new coronavirus had been responsible for about 70% of the analyzed strains while… Read More ›
On Monday, in a statement, Nokia said, its Chief Executive Rajeev Suri will be stepping down in September and will be replaced by Pekka Lundmark, who until now has been the CEO of Fortum. Suri will be stepping down after… Read More ›
In a report, the Foreign Correspondents Club of China stated, the Chinese government has “weaponised” the issuance of visas as part of a stepped-up campaign to apply pressure on foreign journalists operating in the country. In February, China revoked the… Read More ›
Economists ar Goldman Sachs have predicted that the U.S. Federal Reserve is likely to cut interest rates before its next scheduled meeting in two weeks time, citing an unscheduled statement from the head of the U.S. central bank on Friday…. Read More ›
With casinos shut for two weeks in Macau, the world’s second biggest casino hub, revenues from gambling in Macau have plunged by 87.8% in February in comparison to the previous year as authorities imposed a series of measures to keep… Read More ›
In a news bulletin, South Korea’s Yonhap news agency reported, citing an official from Samsung Electronics, that the electronic giant has shut down one of its mobile device factories in the country following one of its worker testing positive for… Read More ›
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