Recent Posts - page 486

• Its Art Collection To Be Auctioned By British Airways To Raise Funds

  By admin2 on June 11, 2020 • ( 0 )

  

  As British Airways prepares to make thousands employees redundant, the global airlines plans to put up for sale some of its renowned art collection in order to generate some cash to meet the severe drop in business because of the… Read More ›

• Nokia appoints Marco Wiren as its CFO

  By admin1 on June 11, 2020 • ( 0 )

  

  On Thursday, Finnish telecoms giant Nokia said, it has appointed Marco Wiren as its chief financial officer following a management reshuffle earlier this year which saw a change of its chairman and CEO. Wiren will replace Kristian Pullola effective from… Read More ›

• Vietnamese plywood exports under scrutiny over sourcing of raw materials

  By admin1 on June 11, 2020 • ( 0 )

  

  In a statement, the United States said it would examine whether hardwood plywood imports that have been completed in Vietnam using Chinese components are circumventing U.S. duties on imports from China. The move is likely to see similar duties on… Read More ›

• CityFibre to create 10K jobs for upgrading Britain’s infrastructure to full fibre

  By admin1 on June 11, 2020 • ( 0 )

  

  On Thursday, in a statement CityFibre, a broadband company, said it will create up to 10,000 new jobs over the next three years to help upgrade Britain’s digital infrastructure to full fiber. The British government aims to deploy gold-standard fast… Read More ›

• Europe’s Just Eat Takeaway acquires Grubhub for $7.3 billion

  By admin1 on June 11, 2020 • ( 0 )

  

  In a significant development, European food-ordering Just Eat Takeaway.com NV, has agreed to acquire Grubhub Inc, subject to regulatory approval. If the all-stock deal goes through it would create the world’s largest food delivery company outside of China. The deal… Read More ›

• Starbucks Lost $3 Billion In Revenue In Latest Ended Quarter Due To Covid-19 Pandemic

  By admin2 on June 10, 2020 • ( 0 )

  

  The novel coronavirus pandemic will cause a loss in the fiscal third quarter, expects the international coffee chain Starbucks. The company predicted a a loss of as much as $3.2 billion in revenue because of the coronavirus pandemic. The company… Read More ›

• OECD Predicts UK To Be The Worst Hit Economy Among Leading Nations Due To Pandemic

  By admin2 on June 10, 2020 • ( 0 )

  

  The Organisation for Economic Co-operation and Development has warned that the United Kingdom is likely to the hardest hit economically among the richer countries because of the novel coronavirus pandemic. The OECD said that that there is likely to a… Read More ›

• Commonwealth Bank of Australia faces class action lawsuit over credit card and personal loan insurance

  By admin1 on June 10, 2020 • ( 0 )

  

  On Wednesday, Australia’s top lender Commonwealth Bank of Australia said, a class action lawsuit has been filed against it over the sale of credit card and personal loan insurance. The lawsuit, filed by Slater and Gordon, a law firm, alleges… Read More ›

• Ease of doing business in China falls further because of coronavirus: European Business Group

  By admin1 on June 10, 2020 • ( 0 )

  

  On Wednesday, a European business group stated, the COVID-19 pandemic has exacerbated already worrisome trends in doing business in China midst slowing revenue growth, regulatory hurdles and the clout of state-backed businesses. According to the results of the survey, 50%… Read More ›

• China’s producer price index deflation deepens midst export and import slump

  By admin1 on June 10, 2020 • ( 0 )

  

  Factory gate prices in May in China fell at their steepest rate in more than 4 years, underscoring growing pressure that faces the country’s manufacturing sector following the COVID-19 pandemic which began in Wuhan, China. The pandemic has ravaged key… Read More ›

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