Recent Posts - page 517

• Pharma industry could be nationalized to localize supply chain: German Economy Minister

  By admin1 on March 13, 2020 • ( 0 )

  

  On Friday German news magazine Der Spiegel reported German Economy Minister Peter Altmaier as saying, he wants to support pharmaceuticals companies that are dependent for key reagents on imports from Asia in order to rebuild their production sites in Europe…. Read More ›

• Global tourism industry may shrink by 25%, 50M jobs at stake due to Coronavirus: World Travel and Tourism Council

  By admin1 on March 13, 2020 • ( 0 )

  

  On Friday, in a statement the World Travel and Tourism Council said, according to its estimated, China’s coronavirus which has gone pandemic is likely to place 50 million jobs in the global travel and tourism sector at risk; it foresees… Read More ›

• 60% of small and medium firms and 95% of large firms have resumed work: China’s vice industry minister

  By admin1 on March 13, 2020 • ( 0 )

  

  On Friday, China’s vice industry minister Xin Guobin stated, the majority of factories which are located outside of Hubei province, which has China’s only level 4 bio safety lab which is also the epicenter of the coronavirus outbreak, have resumed… Read More ›

• SEC relaxes rule requiring external audit for smaller publicly traded companies

  By admin1 on March 13, 2020 • ( 0 )

  

  In a significant development, the Securities and Exchange Commission has voted to relax internal audit controls measures that were first introduced at smaller publicly listed companies in 2002, following a string of accounting scandals including one at Enron Corp. The… Read More ›

• SoftBank Group will start share buyback program from Monday

  By admin1 on March 13, 2020 • ( 0 )

  

  On Friday, in a statement SoftBank Group Corp stated, it will be buying up to 7% of its shares for as much as $4.77 billion (500 billion yen). The buyback program, which will commence from Monday will continue over a… Read More ›

• James Monsees to step down from e-cigarette maker Juul Labs Inc

  By admin1 on March 13, 2020 • ( 0 )

  

  E-cigarette maker Juul Labs Inc stated, its co-founder James Monsees plans on stepping down from the company as an adviser and member of its board. In an internal memo, Monsees, who had previously been the company’s chief product officer, said… Read More ›

• Insurance Cover For Coronavirus Withdrawn By Three More Travel Insurers

  By admin2 on March 12, 2020 • ( 0 )

  

  Travel related insurance cover for future coronavirus claims has been withdrawn by three more travel insurers – Aviva, InsureandGo and the Post Office, following a similar measure earlier by LV=. Late on Wednesday night, an announcement that sale of all… Read More ›

• ECB Announces New Stimulus To Address Coronavirus Impact, Retains Interest Rates

  By admin2 on March 12, 2020 • ( 0 )

  

  While not making any change on the interest rates, the European Central Bank has announced a set of fresh stimulus measures to help the European Union to tackle the economic fall out of the spread of the coronavirus – now… Read More ›

• Best Buy’s Executive Chairman to step down on June 11

  By admin1 on March 12, 2020 • ( 0 )

  

  Best Buy Co Inc’s Executive Chairman Hubert Joly will be stepping down and will not stand for re-election at its annual general shareholder’s meeting on June 11. Joly, a restructuring expert and former chief executive officer of the company, had… Read More ›

• U.S. response to coronavirus – payroll tax cuts, extension of tax deadline on the table: U.S. Senate Finance Committee Chairman Chuck Grassley

  By admin1 on March 12, 2020 • ( 0 )

  

  With WHO finally classifying China’s coronavirus as pandemic, U.S. Senate Finance Committee Chairman Chuck Grassley stated, a payroll tax cut was among the options being tabled to offset the economic impact of the coronavirus. “If you’re going to negotiate in… Read More ›

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