Recent Posts - page 489

• China’s banking regulator intensifies effort to channel more funds and regulate finances of SMEs

  By admin1 on April 10, 2020 • ( 0 )

  

  On Friday, China’s banking regulator stated, it will start monitoring the quantum of support being provided by lenders to struggling smaller firms, in what is the latest push to channel more funds into the country’s most vulnerable business sector. For… Read More ›

• Boeing aims to cut 10% of its workforce

  By admin1 on April 10, 2020 • ( 0 )

  

  According to a report from the Wall Street Journal, Boeing Co is weighing its options on a job cut, which could involve early retirements and involuntary layoffs and could also involve buyouts. Boeing’s aims to cut its workforce by 10%…. Read More ›

• China facing unprecedented economic challenges: China’s assistant commerce minister

  By admin1 on April 10, 2020 • ( 0 )

  

  On Friday, China’s assistant commerce minister Ren Hongbin told reporters, Beijing is facing unprecedented challenges because of the coronavirus pandemic that has spread across the globe to more than 200 countries. At a news briefing, Ren Hongbin said, following a… Read More ›

• France earmarks $21.7 billion for corporate bailouts of public & private companies

  By admin1 on April 10, 2020 • ( 0 )

  

  On Friday, French Finance Minister Bruno Le Maire stated, the French government has allocated $21.7 billion (20 billion euros) for helping big companies shore up their capital reserves. “We’ve decided to put credit on the fund, to put 20 billion… Read More ›

• Grim Forecast For US Auto Industry In Q2 Due To Coronavirus Pandemic

  By admin2 on April 9, 2020 • ( 0 )

  

  For the first time since World War II, the number of cars that will be manufactured in the United States this month will be the lowest as auto production has come to a near standstill because of the coronavirus pandemic…. Read More ›

• Oxfam Warns Half A Billion People Could Be Pushed Into Poverty Due To Virus Pandemic

  By admin2 on April 9, 2020 • ( 0 )

  

  According to a warning issued by Oxfam, up to half a billion people all across the world could be pushed into the poverty because of the economic fallout from coronavirus pandemic that is raving the world. If the warning of… Read More ›

• Will not layoff employees because of coronavirus pandemic: BlackRock

  By admin1 on April 9, 2020 • ( 0 )

  

  In a statement, Larry Fink, the CEO of BlackRock Inc, the world’s largest asset manager, said it will not layoff any of its employees during the year because of the coronavirus outbreak. BlackRock will pay full-time wages to support staff,… Read More ›

• Class action lawsuit filed against Zoom Video Communication Inc over privacy security concerns

  By admin1 on April 9, 2020 • ( 0 )

  

  A class action lawsuit has been filed against Zoom Video Communications Inc by one of its shareholder accusing it of overstating its privacy standards and failing to disclose that its service lacked end-to-end encryption. In a court filing, Michael Drieu,… Read More ›

• Nissan seeking $4.6 billion line of credit following coronavirus sales hit

  By admin1 on April 9, 2020 • ( 0 )

  

  On Thursday, Japan’s Nikkei business daily reported, Nissan Motor has requested a $4.6 billion (500 billion yen) line of credit from major lenders following a downward trend in sales due to the coronavirus outbreak. Nissan made the request to three… Read More ›

• Takeaway.com’s order volumes only mildy affected by coronavirus pandemic

  By admin1 on April 9, 2020 • ( 0 )

  

  On Thursday, Europe’s biggest food ordering and delivery company, Just Eat Takeaway said, in March its orders had registered a temporarily declined since restaurants were closed as part of a measure imposed by government to contain the spread of the… Read More ›

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