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…
United States based global retailer Amazon.com has announced that all of its employees will be allowed to take unlimited sick days this month. However sick pay will be given to those employees who have been confirmed to be infected with the virus that causes the disease called Covid19. Employees in many of the company’s warehouses…
A new technology that evidently helps computers to better understand human communication will be commercialized by IBM. With the improvement of artificial intelligence systems in their abilities to process and learn from large quantities of data, they have become more important for businesses. However artificial intelligence systems have not been able to completely understand the…
Indian steel major Tata Steel’s European business – Tata Steel Europe, has said that it could cull as many as 1,250 jobs primarily to cut costs in the face of “challenging circumstances” and the “needs to urgently improve profitability”. According to a report published by the news agency Reuters, this was revealed in an internal…
Britain’s largest retailer Tesco has agreed on a deal with Thailand’s CP Group to sell off its businesses in Thailand and Malaysia for a value of $10.6 billion. The company said in a statement in Monday that entire shareholding in Tesco Stores (Thailand) Ltd, Tesco Stores (Malaysia) Sdn Bhd will be transferred to the CP…
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