Recent Posts - page 509

• Service Sector PMI In Japan Drops At Fastest Pace In March Since 2009 Financial Crisis

  By admin2 on April 5, 2020 • ( 0 )

  

  A sharp drop in demand because of the coronavirus pandemic and the restrictions put on business activities have cause a contraction in the services sector of Japan in March that was the fastest for any month since the global financial… Read More ›

• Record Drop For UK Service Sector Activity In March Due To Virus Pandemic

  By admin2 on April 5, 2020 • ( 0 )

  

  The economic impact of the coronavirus pandemic is being felt by the services sector of Britain, which in March recorded a decline in activity at the fastest pace beer seen in more than the last two decades. A joint report… Read More ›

• Delta Air Lines Inc projects Q2 revenues to fall by 90% because of Wuhan Coronavirus

  By admin1 on April 4, 2020 • ( 0 )

  

  In a statement, Warren Buffett’s Berkshire Hathaway Inc stated, it has sold around 18% of its stake in Delta Air Lines Inc as well as a 4% stake in Southwest Airlines Co earlier this week. The Wuhan Coronavirus pandemic is… Read More ›

• Trump invokes Defense Production Act to stop export of N95 masks

  By admin1 on April 4, 2020 • ( 0 )

  

  U.S. President Donald Trump has signed an order directing his administration to stop the export of N-95 face masks and other personal protective equipment which are essential in keeping the Wuhan Coronavirus at bay, from being exported to other countries…. Read More ›

• Bank of Ireland received 15K applications for mortgage breaks in March

  By admin1 on April 3, 2020 • ( 0 )

  

  In a statement on Friday, the Chief Executive of the Bank of Ireland said, he has received 15,000 applications for payment breaks from mortgage customers in March and a further 5,000 businesses are seeking breaks from such payments as a… Read More ›

• Volkswagen’s commercial truck unit seeing cancellation of orders, job cuts possible: German magazine

  By admin1 on April 3, 2020 • ( 0 )

  

  In an article that was published on Friday by German magazine WirtschaftsWoche, the chief of Volkswagen’s commercial truck unit, Traton, said, it has seen cancellations of orders due to the coronavirus outbreak; these are however manageable. WirtschaftsWoche also quoted Andreas… Read More ›

• 3M will pay big price over face masks: Trump

  By admin1 on April 3, 2020 • ( 0 )

  

  In a tweet, U.S. President Donald Trump has slammed 3M Co for its business practises. The tweet comes in the wake of Trump’s earlier announcement of invoking the Defense Production Act to get the company to produce face masks. “We… Read More ›

• GM rolls out safety protocols for workers manufacturing ventilators

  By admin1 on April 3, 2020 • ( 0 )

  

  In a statement, General Motors Co said, it has begun rolling out a series of safety protocols for workers in Indiana who will be manufacturing ventilators. The development underscores a development that could potentially be a blueprint for re-opening U.S…. Read More ›

• Uber to ship disinfecting car sprays to drivers free of cost

  By admin1 on April 3, 2020 • ( 0 )

  

  In a statement, Uber Technologies Inc said, it will begin shipping disinfecting car spray to drivers operating in areas that have been the most affected by the Wuhan coronavirus outbreak. The development comes in the wake of Uber promising in… Read More ›

• Toshiba Corp applies for return to first section at Tokyo Stock Exchange

  By admin1 on April 3, 2020 • ( 0 )

  

  On Friday, Japan’s Toshiba Corp stated, it has filed an application to return to the Tokyo Stock Exchange’s first section. In 2017, Toshiba was relegated to the second section following a massive writedowns at its U.S. nuclear power business after… Read More ›

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