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Qatar Airways Says Government Financial Aid Will Be Needed By It: Reuters

One of the largest airlines of the Middle East - Qatar Airways, will soon run out of cash even to operate flights, said the company’s  Chief Executive Akbar al-Baker on Sunday to te news agency Reuters, and added that the company will have to approach for help eventually.   Governments...

Apple’s China Factories Restart Production But Cloud Hovers Over Demand

With the slow but assured opening up of China following a severe lockdown, iPhone factories of the suppliers of Apple are mostly back in operations. However the question that the United States based tech giant is currently facing is how many people would be willing to purchase the older as well as...

UK’s High Street Retailer Next Shuts Down Online Shopping Due To Coronavirus

United Kingdom’s high street retailer Next has decided to temporarily stop all of its operations to protect its staff from being infected with the coronavirus.     With the number of people catching Covid-19 – the disease caused by the novel coronavirus, in the UK and the number of...

Nationwide Lockdown In India Causing Disruptions For Operations Of Amazon, Flipkart

Just three days into the 21 day national lockdown in India to prevent the fast spread of the coronavirus, e-commerce companies operating in the country, including the leaders Amazon and Flipkart, are troubled by disruption in their business despite assurances from the government, according to...

Coronavirus Forces H&M To Scrap Dividend, To Review All Costs

The coronavirus pandemic spreading all across the world has forced Sweden's H&M, the world's second largest clothing retailer, to announce on Monday that it would be scrapping its proposed dividend. The company also added that all parts of the company’s operations were also being reviewed by...

Amazon Raises Overtime Pay As American Choose To Shop Online

With a large spike in the growth of demand for online products by people who are stuck at home because of lockdown in cities in the United States because of the coronavirus pandemic, the world’s largest online retailer Amazon.com has said that it will be increasing its overtime pay for those...

Streaming Quality In Europe Cut By YouTube And Netflix In Europe To Reduce Network Load

The quality of videos that are streamed by Netflix Inc. and Google’s YouTube will be reduced by both the companies in Europe so that pressure on the networks is relieved as more people go online because of lockdown in many cities in the region to prevent the spread of coronavirus pandemic.  ...

Emergency Ventilator Making Being Explored By VW And Other Auto Companies

Investigations into the use of 3D printing in order to help the hospital ventilators to combat the coronavirus are being carried out by the German car making giant Volkswagen Group along with other manufacturers round the world.   Auto manufacturers such as Ford, General Motors, Ferrari and...

Amid The Coronavirus Rout, Zoom Video Stands Out As A Lone Performer

Amid the rout in the global financial markets because of the coronavirus pandemic, Zoom Video Communications has stood out among the crowd.  There has been a 20 per cent growth in the stocks of the company over the past month even as the S&P 500 has plunged by almost 30 per cent.  ...

Joint Task Force To Limit Coronavirus Spread Formed By Auto Companies And Union In The US

In the United States, the United Auto Workers (UAW) union is joining hands with country’s top automakers General Motors, Ford Motor Co and Fiat Chrysler Automobiles (FCA) to form a coronavirus task force that is aimed at bettering protection for their employees as well as take measures so that the...

Germany Attempts To Stop US Poaching A Firm Of The Country Developing A Coornavirus Vaccine

German is trying to prevent the United States from coaxing a German company that is currently in the process of developing a coronavirus vaccine to shift its research work to the America. This development has resulted in German politicians stressing that there should not be monopoly of any one...

Corporate America Joins Hand With Government For Coronavirus Testing

A number of large companies of the United States have joined the government in efforts to control the spread of the coronavirus pandemic in the country.   Google has offered a website to help people determine whether suspected American needed tests while drive-through testing in their...
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