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 ›
Strategy
China weaponising visas: Foreign Correspondents Club of China
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 ›
Federal Reserve likely to trim interest rates before March 17-18 meeting: Goldman Sachs economists
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 ›
Gambling revenues in Macau fall by 87.8% in February 2020 due to Coronavirus
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 ›
Samsung Electronics temporarily shuts down factory in Gumy following confirmed case of coronavirus
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 ›
WHO Says Coronavirus Outbreak ‘Getting Bigger’, Warns Of Worldwide Spreading
The World Health Organization has warned that the coronavirus could spread globally even as five more countries reported cases of infection of the disease and Switzerland cancelled the giant Geneva car show while fears of a coronavirus epidemic increased because… Read More ›
Mobile Apps About Coronavirus Getting Very Popular In South Korea
App developers in South Korea – one of the most tech savvy countries in the world, started developing codes for apps as soon as the deadly novel coronavirus reached the country’s shores The result was a series of the virus… Read More ›
UK Study Finds New Car Models Emitting More CO2 Than Older Ones
A new research that suggested that the auto industry is taking backward steps in addressing the issue of climate change, claimed that more carbon dioxide is being produced by new cars that are sold in the United Kingdom compared to… Read More ›
US Retail Trade Group CEO Informs Of Restarting Of Supply Chains In China
Some of the disruption to supply chains based in China because of the coronavirus is now slowly ebbing away, said the United States based National Retail Federation CEO Matt Shay. “A number of the larger companies have started to indicate… Read More ›
Coronavirus Impact Could Force Standard Chartered To Miss Its Growth Targets For 2020
While warning that it was too early to estimate the total financial impact of the global coronavirus epidemic, Standard Chartered has confirmed that it would miss its financial targets for the current year. It is unlikely that the income growth… Read More ›
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