Author Archives

• Fast Retailing to close 50 Uniqlo clothing stores in the U.S. due to Wuhan coronavirus

  By admin1 on March 17, 2020 • ( 0 )

  

  On Tuesday, Japan’s Fast Retailing stated, it will be closing of its 50 Uniqlo clothing stores in the United States temporarily due to the Wuhan coronavirus outbreak. The move comes midst other retailers including Lululemon Athletica Inc, Nike Inc and… Read More ›

• GM, FCA, Ford and UAW collaborate to limit Wuhan Coronavirus outbreak

  By admin1 on March 16, 2020 • ( 0 )

  

  Automakers, including General Motors, Fiat Chrysler Automobiles (FCA) and Ford Motor Co are collaborating to form a task force along with the United Auto Workers (UAW) union to improve protections for their employees and limit the spread of the Wuhan… Read More ›

• Canada ratifies USMCA trade deal

  By admin1 on March 14, 2020 • ( 0 )

  

  According to a top official from the Canadian government, the parliament has quickly ratified the new U.S.-Mexico-Canada (USMCA) trade pact even as it ramps up efforts to stop the spread of the Wuhan coronavirus. Canada was the last of the… Read More ›

• Bill Gates steps down from Microsoft’s Board as its Chairman

  By admin1 on March 14, 2020 • ( 0 )

  

  Microsoft Corp’s co-founder Bill Gates, who made the software giant one of the world’s most valuable technology companies, has stepped down from the board on Friday. He will now focus on philanthropic works related to climate change, global health and… Read More ›

• Opening ceremony of Olympic aquatic center postponed over Wuhan Coronavirus

  By admin1 on March 13, 2020 • ( 0 )

  

  On Friday, in a statement, the Tokyo metropolitan government disclosed, it will postpone the opening ceremony of the Olympic aquatics center because of the Wuhan coronavirus. The opening ceremony was scheduled for March 22, said Tokyo.

• Pharma industry could be nationalized to localize supply chain: German Economy Minister

  By admin1 on March 13, 2020 • ( 0 )

  

  On Friday German news magazine Der Spiegel reported German Economy Minister Peter Altmaier as saying, he wants to support pharmaceuticals companies that are dependent for key reagents on imports from Asia in order to rebuild their production sites in Europe…. Read More ›

• Global tourism industry may shrink by 25%, 50M jobs at stake due to Coronavirus: World Travel and Tourism Council

  By admin1 on March 13, 2020 • ( 0 )

  

  On Friday, in a statement the World Travel and Tourism Council said, according to its estimated, China’s coronavirus which has gone pandemic is likely to place 50 million jobs in the global travel and tourism sector at risk; it foresees… Read More ›

• 60% of small and medium firms and 95% of large firms have resumed work: China’s vice industry minister

  By admin1 on March 13, 2020 • ( 0 )

  

  On Friday, China’s vice industry minister Xin Guobin stated, the majority of factories which are located outside of Hubei province, which has China’s only level 4 bio safety lab which is also the epicenter of the coronavirus outbreak, have resumed… Read More ›

• SEC relaxes rule requiring external audit for smaller publicly traded companies

  By admin1 on March 13, 2020 • ( 0 )

  

  In a significant development, the Securities and Exchange Commission has voted to relax internal audit controls measures that were first introduced at smaller publicly listed companies in 2002, following a string of accounting scandals including one at Enron Corp. The… Read More ›

• SoftBank Group will start share buyback program from Monday

  By admin1 on March 13, 2020 • ( 0 )

  

  On Friday, in a statement SoftBank Group Corp stated, it will be buying up to 7% of its shares for as much as $4.77 billion (500 billion yen). The buyback program, which will commence from Monday will continue over a… Read More ›