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…
Tens of millions of American in the states of New York state, Illinois and Connecticut were directed to stay home on Friday – following a similar order by California as a part of the social distancing measures being implied in the United States to try and prevent the spread of the coronavirus pandemic through person…
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.…
Amazon.com has temporarily stopped stocking of some specific items in its warehouses in order to cater to the overwhelming demand for household essentials as more and more people rush to stock them up as more cities worldwide are put under lockdown because of the coronavirus pandemic. This decision of the company could result in some…
The fast good global giant McDonald’s has said that it could make offer to some franchises to defer their rents because of the significant drop in footfall or because of closures because of the ongoing uncertainty that has been brought about to its business by the coronavirus pandemic, the company said on Tuesday. Right now…
Hackers and cons are trying to take advantage of the copronavirus pandemic with an increase in email scams that is unprecedented according to security experts. According to experts, individuals as well as companies in industries such as aerospace, transport, manufacturing, hospitality, healthcare and insurance are being targeted by cyber-criminals. The criminals are using a range…
According to the vision of the European Union about its future relationship with the United Kingdom, the bloc wants a guarantee from Britain of “uniform implementation” of Brussels’s state subsidy rules as well as the handing down of rulings of the European court of justice to British courts, claimed a report published by The Guardian…
A facility for the testing of a treatment for the fast spreading coronavirus pandemic is being planned to be started within the next few months by Eli Lilly, the company’s CEO David Ricks announced during a television interview. Making the announcement, Ricks said that it has joined hands for this purpose with the privately held…
Australia’s Qantas airlines is currently in the process of paying back millions of dollars to hundreds of the company’s workers because the firm had previously underpaid them for as long as eight years, the country’s Fair Work Ombudsman has said. The ombudsman said on Friday that so far, a total of $7.1 million to 638…
Founder of Microsoft Bill Gates will no longer serve on the company’s board starting Friday, the software tech giant said on Friday. Gate will also be stepping down from the governing body of Berkshire Hathaway. “I have made the decision to step down from both of the public boards on which I serve – Microsoft…
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