The severe hit that the outbreak of the novel coronavirus has had o the sales of luxury cars all over the world has forced British luxury auto makers Bentley, Aston Martin and McLaren to lay off about 3,000 employees over… Read More ›
Sustainability
UK Arm Victoria’s Secret Sent Into Administration
The fashion brand Victoria’s Secret’s UK arm has been sent into administration which has put more than 800 jobs at possible elimination. All of the 25 stores of the company in the UK have been shut since the beginning of… Read More ›
Work-from-home will reshape the fabric of cities: U.S. HR executives survey result
According to the results of a survey on large business associations, more than three out of four U.S. human resource executives opine that the work from home trend will continue to be in vogue even after the threat of the… Read More ›
UK should provide access to capital to key strategic industries: Make UK
On Monday, Make UK, a UK trade body stated, the government should provide direct support to strategic manufacturing sectors and companies, including those in the steel, aerospace, and automotive space, to help through mitigate the coronavirus crisis. As Britain slides… Read More ›
Japan weighing options to open tourism sector to TPP-11 members
Japan is weighing its options on re-opening its tourism sector to select countries which have low levels of coronavirus infections. Japan has already eased restrictions put in place earlier this year to control the coronavirus outbreak, these include reopening of… Read More ›
Microsoft To Replace Journalists With Artificially Intelligent Robots
Microsoft has replaced humans with artificial intelligence as the company sacked dozens of journalists and installed artificial intelligence software in their place. The company has told the employees who manage the news homepages on Microsoft’s MSN website and its Edge… Read More ›
Global Slump Forces Slow Down In Factory Activity In China In May
The growth rate of factory activity in China slowed down in May as the second largest economy of the world attempts to turn around after the economy coronavirus pandemic hit. The slowness in factory data was shown official data on… Read More ›
Japan Govt. Guarantee For Almost A Third Of Nissan’s $6.6 Billion Loans: Reports
Guarantees for almost a third of the 7l3 billion yen ($6.65 billion) in loans that Japans auto making giant Nissan Motor Co has managed to secure form some of its main debtors to tide over the economic hit of the… Read More ›
UN Delays Glasgow Cop26 Climate Talks By A Year
The novel coronavirus pandemic has delayed by a year the global talks aimed at addressing the threat of climate breakdown. The United Nations has said that the talks will now be held in November 2021. Cop26, the official name of… Read More ›
15 Billion Euro Proposed By EU For Supporting Strategic Firms
The European Commission aims to make investments in strategic businesses and companies that have been wrecked by the novel coronavirus pandemic and the executive arm of the European Union has proposed to set aside a fund of 15-billion-euros for that… Read More ›
