According to a senior official from the Trump Administration, millions of applicants are likely to tap its $350 billion small-business coronavirus rescue loan program when it launches on Friday. Officials from the U.S. Treasury and Small Business Administration, which are… Read More ›
Sustainability
70 Percent Pay Cut To Be Taken By Barcelona Players, Says Messi
Barcelona football club’s captain Lionel Messi said that all of the professional footballers attached with the iconic club are willing to take a pay cut of 70 per cent so that the non-playing staff of the club are able to… Read More ›
S&P Says Global Growth Being Pushed Towards Zero Because Of Coronavirus Pandemic
S&P Global Ratings has predicted that the global growth is set to be pushed toward zero this year because of the global economic turbulence caused by the coronavirus pandemic as well as the nationally enforced lockdowns across major markets. “In… Read More ›
American Airlines to apply for up to $12B in govt aid: Internal Memo
In a memo to executives, American Airlines Holdings Inc stated, it aims to apply for up to $12 billion in government aid, and ensure no involuntary layoffs or pay cuts occur in the next six months. Under a stimulus package,… Read More ›
U.S. working on executive order that expands ‘Buy America’ provisions: USTR
In a development pregnant with possibilities, U.S. Trade Representative Robert Lighthizer stated, the Wuhan Coronavirus pandemic shows that the United States is way too dependent on cheap foreign imports for key strategic medical supplies. The statement underscores the need for… Read More ›
Sweden Takes A Relaxed Approach To Virus Pandemic, Contrary To Some Of Its European Peers
A more relaxed approach to combating the coronavirus pandemic has been adopted by Sweden even as most of its European Union peers have imposed severe restrictions on public life and closed down borders to businesses to prevent the spreading the… Read More ›
Work From Home Advisory Prompts Companies To Speed Up Workplace Automation
A survey conducted by the auditing firm Ernst & Young has shown the almost half of top management of companies surveyed in 45 countries around the world are accelerating plans for further automation of their workplace and business as more… Read More ›
Coronavirus Pandemic Blamed For Its Collapse Space Firm By OneWeb
The high-profile London-based satellite start-up – OneWeb, blamed the coronavirus pandemic while it was forced to file for bankruptcy protection in the United States. The company was engaged in the development of a network to deliver broadband across the globe…. Read More ›
North Korea Test Fired More Missiles Than Ever This Month
While the world is struggling to control the spread of the deadly coornavirus pandemic, North Korea is continuing to conduct tests of its missiles. On Sunday, the pariah nation fired what was apparently two short-range ballistic missiles into the ocean… Read More ›
Tens Of Thousands Being Hired By US Retailers Including Kroger And Walmart
Supermarkets and grocers are making huge hiring to address the sudden additional demand of products as people continue to stock up because of the coronavirus pandemic. More than 23,500 employees have so far been hired by Kroger and has announced… Read More ›