United states based auto giant Ford Motor announced on Thursday that it intends to start production again at one of its “key” assembly plants in North America as early as April 6. The unit was closed down last week because of intense pressure from workers’ union to do so in order to prevent the spread…
Even as the coronavirus pandemic wrecks havoc throughout the world. its latest range of new flagship smartphones was launched by the Chinese tech giant Huawei. The company launched its P40 phones even as the company’s founder had announced a day before that that about 90 per cent of the 150,000 China-based employees had come back…
Users in countries that have seen lockdowns because of the spread of the coronavirus pandemic have been using Facebook and its other social media platforms, said the social media giant Facebook There was a more than 1000 per cent spike in group calls in the last one month in Italy – a country that has…
The coronavirus pandemic has given a chance for investors to leverage it to put new limits on CEO pay packages and link such payments to a host of social and environmental aims and objectives when companies hold annual general meetings, some being held during the pandemic while others after the passage of the pandemic. It…
There was major scare in China and elsewhere through social media after a man in the Yunnan province of China died of Hantavirus. The social media went viral with users spreading panic about the emergence of a new virus in China right on the back of the coronavirus pandemic in China – which is still…
Japan and the International Olympic Committee have jointly decided to postpone the 2020 Tokyo Olympics by a year and said that the Games will be held in 2021. This decision was taken and multiple rounds of discussions between Japan’s Prime Minister Shinzo Abe and IOC president Thomas Bach. This is only the fourth time in…
Troops of the United States National Guard are to be deployed in the three states hardest hit by the coronavirus outbreak and the order was signed by the US President Donald Trump. Medical aid and setting up of medical stations will be the main mandate for the troops who will be deployed in New York,…
Car manufacturing companies around the world are answering calls by governments to provide help in the manufacturing of ventilators and face masks to help face the coronavirus pandemic. Work on converting one of its factories in China to enable it to make about one million masks a month had been started on Monday by Fiat.…
The rapid molecular test for point-of-care patients developed by Cepheid has been authorized by the United States Food and Drug Administration (FDA) on an emergency basis and now can be used for detecting coronavirus in just 45 minutes This test is the first of its kind that can be used entirely at the point of…
Britain’s Financial Conduct Authority said on Saturday that UK companies should defer publishing of the preliminary financial statements by at least two weeks to enable them to better understand how their business is being affected by the coronavirus pandemic. “The FCA will be writing tonight to companies it is aware were intending to publish preliminary…
