On Tuesday, the United States and Britain launched trade negotiations through videoconferencing following the UK’s exit from the European Union. Both countries, struggling to cope with the coronavirus pandemic are aiming to shore up domestic supply chains. These talks are… Read More ›
The coronavirus pandemic has taught people to stay at home and work from home as well as forced people to adapt to new norms of shopping. Therefore, after the pandemic ultimately comes to an end, many people will potentially emerge… Read More ›
The severe hit of the travel restrictions and lockdown because of the novel coronavirus pandemic on the global airline industry has forced airlines to scale back their businesses. The airlines also do not see a quick recovery from the coronavirus… Read More ›
On Friday, in a statement Norway’s sovereign wealth fund stated, it will vote in favor of a resolution which will commit Barclays to tackle climate change at the bank’s annual general meeting on May 7. The resolution calls on Barclays… Read More ›
On Friday, Europe’s biggest low cost carrier Ryanair announced, it will be grounding more than 99% of its flights until July. It has also commenced negotiations with Boeing for cutting the number of aircraft deliveries over the next 24 months…. Read More ›
In a statement, Europe’s busiest airport, London’s Heathrow Airport said, passenger numbers are expected to be down by nearly 97% in April; it went on to add, they are likely to remain weak until governments fighting the coronavirus outbreak deem… Read More ›
On Friday, Malaysian Prime Minister Muhyiddin Yassin announced that business operations can resume from May 4. The development partially eases lockdown restrictions that were imposed to contain the spread of the Wuhan coronavirus. During a televised address, Muhyiddin said Malaysia… Read More ›
Chip maker Qualcomm signed more contracts for 5G phones, that require higher priced micro processing chips, during the first quarter as the company forecast revenue for the current quarter largely in line with market expectations, even as the coronavirus pandemic… Read More ›
While reporting a record number of users, Twitter Inc. has also reported a severe hit to its advertisement revenues because of the novel coronavirus pandemic for the first quarter fo the current year. During the period, revenues of $808 million… Read More ›
The coronavirus pandemic has pushed the euro zone economy to into a contraction by 3.8 per cent in the first quarter compared to the first quarter of last year. The pandemic has seeverly impacted business activity in the region. The… Read More ›
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