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 ›
Strategy
GM, FCA, Ford and UAW collaborate to limit Wuhan Coronavirus outbreak
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 ›
Apple To Close All Stores Outside Of China To Slowdown Coronavirus Spread
All Apple stores outside of China will be closed by the United States based tech giant within the next two weeks in order to try and reduce the spread of the coronavirus pandemic. The aim of closing down of its… Read More ›
European Authorities Take Measures To Help Firms Coping With The Virus Pandemic
Efforts to provide some support to the European economy form the hit of the coronavirus pandemic is being taken by European authorities. A package of measures that includes a €37bn euro investment initiative will be put in by the The… Read More ›
Record Corporate Debt Could Add On To Economic Woes Of The Coronavirus Pandemic
Ever since the 2008 global financial crisis, companies all over the world have been enjoying debts as a means of their recovery. But now as the coronavirus pandemic threatens to push global economy into recession – many of those debts… Read More ›
Coronavirus Pandemic ‘Could Cost Millions Of Tourism Jobs’, Says Industry Body
A leading global travel and tourism industry body has claimed that millions of travel and tourism jobs are at risk globally because of the spread of the coronavirus pandemic as declared by the World Health Organization (WHO). The coronavirus pandemic… Read More ›
China Claims Virus Outbreak Past Its Peak, Wuhan Reports Just Five New Cases
Just five new cases of coronavirus infection were reported on Friday from the Chinese city of Wuhan, – the place from where the virus now declared a global pandemic originated in late December last year. This was the second day… Read More ›
Canada ratifies USMCA trade deal
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
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
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.