Author Archives
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Study In UK Finds Young People Hit Hardest By Covid-19 Job Losses
A new study that documented the growing divisions in the workplace since March when the novel coronavirus pandemic hit the United Kingdom has found that younger people in the country are more than twice as likely to lose their jobs… Read More ›
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China Warns Of Sanctions On US Firms Over Arms Sale To Taiwan
American companies including Lockheed Martin, Boeing, and Raytheon will be sanctioned by China over the companies being engaged in selling weapons to Taiwan. The United States was urged to stop selling arms to the self-governed island of Taiwan and to… Read More ›
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200 Drink Brands To Be Discontinued By Coca Cola
Almost half of its current portfolio of brand is to be cancelled by Coca Cola. Some beloved but out dated drinks such as Tab, Zico and Odwalla would be discontinued by it, the beverage giant had already announced. But earlier… Read More ›
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Grounds For Brexit Compromise On Fisheries Being Laid By Macron: Reuters
The French government is asking its fishing industry to be prepared for a smaller catch after Brexit, said a report published by the news agency Reuters quoting sources form the industry. This is a clear signal that the French President… Read More ›
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Barclays Beats Expectations For Q3 With Steep Drop In Provisions For Bad Loans
A net profit of £611 million ($797.7 million) was reported for the third quarter by the British bank Barclays on Friday as the lender attempts to stage a recovery from the hit it took because of the novel coronavirus pandemic…. Read More ›
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Post-Brexit Trade Deal Formally Signed Between Britain And Japan
The first big post-Brexit trade deal for the UK was signed after it formally inked a trade agreement with Japan. Under the deal, which was announced last month, no tariffs would be imposed on nearly all its exports to Japan… Read More ›
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UK Scientist Believes Covid-19 Will Likely Turn Into An ‘Endemic’ Such As The Flu
United Kingdom’s chief scientific advisor believes that it is likely that Covid-19 will become as “endemic” as the annual flu virus. None of the potential vaccines are likely to eradicate the virus, said Patrick Vallance, even though some of the… Read More ›
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Allegations Of Charging ‘Excessive’ Fees Levelled Against Visa And Mastercard In The UK
Retail companies in Britain have alleged that Visa and Mastercard have benefitted during the novel coronavirus pandemic by charging “excessive fees”. Over the last two years, the two companies have almost doubled the scheme fees charged, said British retail groups…. Read More ›
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ConocoPhillips To Acquire US’s Shale Producer Concho Resources For $9.7 Billion
Even as the global price for fuel continues to be very low, the process of consolidation in the energy sector continued with ConocoPhillips agreeing on Monday to acquire the United States based shale oil producer Concho Resources in a deal… Read More ›
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UK Firms Told To Prepare For No-Deal Brexit As ‘Time Is Running Out’
Business in the United Kingdom are being asked to put in pace preparations for a no deal Brexit after the transition period ends at the end of the current year as a campaign to this effect says that “time is… Read More ›
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