Workers At Amazon Strike Demanding Proper Virus Protection

There is increasing pressure on Amazon and other delivery companies to implement more secure safety measures for workers who are worried about getting infected with coronavirus. A walkout from work over inadequate protection was staged by some workers at the United States food delivery firm Instacart and US and Italian workers at Amazon. Concerns over…

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Virus Pandemic Caused Air Travel Slump To Hit Cash Flow Forecast Of Rolls-Royce

The air travel curbs imposed globally because of the coronavirus pandemic has forced global airlines to ground their planes and this is likely to force British aero-engine maker Rolls-Royce to slash its 2020 cash flow target, said analysts. Rolls forecast 2020 free cash flow of 1 billion pounds, excluding any material impact from COVID-19 during…

GE & Ford to produce 50,000 ventilators in 100 days starting from April 20

In a statement, Ford Motor Co said it will produce 50,000 ventilators over the next 100 days from its plant in Michigan in collaboration with General Electric’s healthcare unit. Following this, it can build 30,000 ventilators per month so as to treat patients afflicted with China’s Wuhan coronavirus. The simplified ventilator design, licensed by GE…

Investor Pressure Forces Barclays To Announce Net Zero Carbon Target By 2050

Barclays Bank has announced it would reduce its carbon footprint to net zero by 2050 as it conceded to investor pressure over its climate track record. The London headquartered bank had promised to align all of its financing activities with the goals and timelines of the Paris agreement. It will start with rethinking of its…

$800 Million To Be Donated By Google Towards Fight Against Coronavirus Crisis

More than $800 million to support businesses, organizations and healthcare workers has been committed by Google, to help the in the fight against the coronavirus pandemic and most of that amount will be in the form of free advertising. A total of $250 million in ad grants — an increased amount compared to the $25…

Virgin Atlantic To Approach UK Government For A Bailout Due To Virus Hit: BBC

A BBC report has claimed that Virgin Atlantic will be approaching the United Kingdom government for a bailout package worth hundreds of millions of pounds soon as it is hit very hard by the coronavirus pandemic. Other airlines also expected to ask the government for help. The government has said that it will intervene to…