On Monday, the coronavirus which first emerged in the Chinese city of Wuhan, saw a second wave hitting the Chinese capital with a link to its biggest wholesale food market. Security checkpoints are back in cities, with the Chinese government… Read More ›
In a statement, Volkswagen AG’s Mexican unit said, workers are scheduled to be back in its plant Puebla on Tuesday. The development underscores VW’s intent to prepare its workers and train them at mitigating COVID-19 related protocols so that production… Read More ›
On Monday Unilever Plc stated, it aims to invest 1 billion euros in a fund which will invest in climate change projects; it also aims to slash its net greenhouse gas emissions to zero from all its products by 2039… Read More ›
There is some hope for the global luxury goods industry to stage a revival from the novel coronavirus pandemic related impact on their business as Chinese consumers have finally started to purchase high-end handbags, shoes and jewelry again. However the… Read More ›
British drugmaker AstraZeneca Plc has signed a contract with various European governments for supplying its potential coronavirus vaccine, as it steps up efforts to help combat the coronavirus pandemic which started in Wuhan China. The contract will see AstraZeneca supplying… Read More ›
The outbreak of the coronavirus pandemic across the world has resulted in the temporary closure of thousands of restaurants while many economies have slipped into recession which has severely hit the global demand for premium foods like wagyu beef, bluefin… Read More ›
In a statement Japan’s Mitsubishi Electric Corp said, it has agreed to buy a part of Sharp Corp’s plant in western Japan in order to meet growing demand for power management chips used in electric vehicles (EVs). The development comes… Read More ›
Airlines across the world may be hard hit by the changes in corporate travel patterns brought in by the novel coronavirus pandemic, but “not all bad news” await he aviation sector as there are opportunities to be had in the… Read More ›
As British Airways prepares to make thousands employees redundant, the global airlines plans to put up for sale some of its renowned art collection in order to generate some cash to meet the severe drop in business because of the… Read More ›
On Thursday, Finnish telecoms giant Nokia said, it has appointed Marco Wiren as its chief financial officer following a management reshuffle earlier this year which saw a change of its chairman and CEO. Wiren will replace Kristian Pullola effective from… Read More ›
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