In a significant development, Britain’s spending watchdog stated, “British companies may have fraudulently claimed up to $5.1 billion (3.9 billion pounds) in public money by accepting funds from a salary support scheme while ordering furloughed staff to still work during… Read More ›
According to a report from the South China Morning Post on Tuesday, Hong Kong’s Cathay Pacific Airways Ltd stated it will cut 18% of its worforce, which amounts to 6,000 jobs, to help it weather the coronavirus-induced COVID-19 pandemic. Earlier this… Read More ›
In a significant development, major French unions have signed a keenly awaited labor deal with Airbus which covers job reductions and furloughs for production workers who have been affected by coronavirus-blighted demand for passenger jets. The development comes in the… Read More ›
According to a report from The Guardian, the UK government will set up a global travel taskforce and defer an anticipated plan to introduce COVID-19 testing for international arrivals until November. The setting up of the taskforce came about on… Read More ›
On Thursday, in a statement Japan’s Fujifilm Holdings Corp said, it has signed a manufacturing contract with U.S.-based VLP Therapeutics for manufacturing a COVID-19 vaccine. In a statement both companies said, “Fujifilm will use its manufacturing facilities and infrastructure to… Read More ›
According to the results of a survey released on Monday, nearly eight out of ten corporate executives are re-evaluating their work-life balance after experiencing poor mental health during the Wuhan coronavirus pandemic. The survey which included many top executives from… Read More ›
In a significant development, the U.S. Department of Agriculture stated, it will be funding a $1 million research project to identify how COVID-19 could potentially enter the nation’s beef supply chain, starting from cattle in farms to packages of meat… Read More ›
Agriculture has always been one of the pillars of the European economy thanks to a long agricultural tradition, as well as natural, infrastructural and human-related advantages. The industry is developing constantly, with EU trade in agricultural products more than doubled… Read More ›
In efforts aimed at supporting a delivery network that is increasingly being taxed by the COVID-19 induced fueled online shopping, United Parcel Service Inc said, it will be hiring 100,000 workers for the winter holiday shopping season. UPS, the world’s… Read More ›
Following a rout in technology stocks on Wall Street that subdued global investor sentiments, on Monday, European shares rebounded with investors keeping a close eye on COVID-19 vaccine developments. Australia is likely to receive its first batches of a potential… Read More ›
