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 ›
Strategy
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.
Pharma industry could be nationalized to localize supply chain: German Economy Minister
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
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
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 ›
