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…
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.…
On Tuesday, Revolut Ltd, a British fintech firm, launched its banking app and debit cards for U.S. consumers in a step aimed at increasing its userbase beyond that of just the UK and Europe. Revolut, which started in 2015, has added 10 million users and has raised $836 million in funding till date. In a…
According to sources, Elite hackers tried to hack into the World Health Organization earlier this month in what is a more than two-fold increase in cyberattacks this month. According to Flavio Aggio, WHO’s Chief Information Security Officer, the hack was unsuccessful. He warned that the agency is seeing an increase in hacking attacks on itself…
In a statement, Alphabet Inc’s Google disclosed, over the last three days, it had surveyed a few users on their health at the request of Carnegie Mellon University researchers who are aiming to forecast the spread of Wuhan coronavirus infections. Google’s Opinion Rewards app, which exchanges responses to surveys from Google and its clients for…
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…
Supermarkets and retailers in the United Kingdom are now hiring thousands because a sudden increase in demand due to the coronavirus pandemic. After sudden and huge increase in demand resulted in empty shelves, announcement hiring thousands of staff to cope with the demand was made by UK supermarkets and retailers Tesco, Asda, Aldi, and Lidl.…
A check on Apple’s website on Friday revealed, Cupertino is limiting customer purchases of iPhones over its online stores to two handsets per person. The measure is applicable to many countries including the United States and China. The development comes in the wake of the Apple closing all of its brick-and-mortar stores outside China, even…
In a statement Tesla Inc said, starting from March 24 it will suspend production at its California vehicle factory so as to comply with local orders aimed at curbing the spread of coronavirus. Tesla’s New York factory will also temporarily suspend production, while operations at its Nevada plant will continue. “Despite taking all known health…
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