Recent Posts - page 520

• JPMorgan’s CEO Jamie Dimon undergoes emergency heart surgery for acute aortic dissection

  By admin1 on March 6, 2020 • ( 0 )

  

  In a statement, JPMorgan Chase & Co stated, Jamie Dimon, its Chief Executive has undergone an emergency heart surgery and that two deputies have taken over the charge as recuperates. Dimon, 63, experienced a tear in his heart’s main artery,… Read More ›

• Coronavirus having cascading effect on South Korean supply chains

  By admin1 on March 6, 2020 • ( 0 )

  

  China’s coronavirus is dealing blow after blow to South Korean multinational giant LG Electronics Inc, an Apple Inc supplier. The initial outbreak forced LG to shutter its China factory for almost three weeks to help contain the spread of the… Read More ›

• Coronavirus outbreak in Asia-Pacific could erase $211 billion from combined economies

  By admin1 on March 6, 2020 • ( 0 )

  

  On Friday, in a statement S&P Global Ratings stated, if China’s coronavirus were to spread extensively in the Asia-Pacific region, it could wipe out $211 billion off the combined economies in the region with Japan, Singapore, Australia and Hong Kong… Read More ›

• JPMorgan restricts all non-essential domestic and international travel

  By admin1 on March 6, 2020 • ( 0 )

  

  In an internal memo, JPMorgan Chase & Co stated, employees should forgo any non-essential domestic business travel in all of its worldwide locations due to concerns on the fast spreading coronavirus which has emerged from China. “Meet across cities and… Read More ›

• British MPs could potentially be affected by future coronavirus advice: England’s Chief Medical Officer

  By admin1 on March 5, 2020 • ( 0 )

  

  On Thursday, England’s Chief Medical Officer Chris Whitty disclosed, British Members of Parliament (MPs) could potentially be affected by future advice from the government on China’s coronavirus. “Parliament will make its own decision about what it does overall, we may… Read More ›

• PetroChina declares force majeure on imports

  By admin1 on March 5, 2020 • ( 0 )

  

  According to four industry sources, PetroChina has declared force majeure on natural gas imports, including on liquefied natural gas (LNG) shipments and on gas imported via pipelines, following the coronavirus outbreak. PetroChina issued the force majeure notice to suppliers of… Read More ›

• Wells Fargo not complying with terms of settlements related to sales scandal: Congressional report

  By admin1 on March 5, 2020 • ( 0 )

  

  According to a Congressional report that was released on Wednesday, Wells Fargo is not complying with the terms of multiple settlements related to its sales scandal. The U.S. House of Representatives Financial Services Committee released the findings of its year-long… Read More ›

• JetBlue, United Airlines implementing spending cuts backed on reduced air travel demand

  By admin1 on March 5, 2020 • ( 0 )

  

  JetBlue Airways Corp and United Airlines Holdings Inc have cut down flights and have implemented cost controls measures in the wake of China’s coronavirus spreading in the United States depressing travel demand. In a letter to employees, United Airlines announced… Read More ›

• New York-area based banks gear up coronavirus preparations

  By admin1 on March 5, 2020 • ( 0 )

  

  Financial firms in New York City are already testing work-from-home capabilities, implementing travel restrictions and canceling or modifying upcoming events even as China’s coronavirus, which landed on the finance capital’s doorstep, showed little signs of abating. Grand Central Station headquartered… Read More ›

• India Limits Export Of Drugs To Coronavirus, Concerns Of Global Shortages Arise

  By admin2 on March 4, 2020 • ( 0 )

  

  Following the decision of India to put a cap on the export of drugs manufactured in the country because of the coronavirus, fears of global shortages of some common drugs have started to arise. Exports of 26 ingredients and the… Read More ›

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