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…

Focus On Debt Relief For Poorer Economies Impacted By Coronavirus For World Bank And IMF

The dire need to provide debt relief to the poorer countries that have been hit by the coronavirus pandemic was reiterated by the chiefs of the World Bank and International Monetary Fund on Friday while also insisting that major role has to be played by official bilateral creditors. Emergency programs to offer grants and loans…

Masks And Gowns To Be Made By Designer Brand Ralph Lauren

Fashion brand Ralph Lauren will be now manufacturing medical masks and gowns. This is the latest fashion and designer brand that has come up  ahead to support the global fight against the deadly coronavirus. The charitable arm of the fashioner designer will implement the shift from fashion products to masks, the company announced on Thursday.…

Coronavirus Pandemic Could Be Leveraged By Investors To Cap Executive Pay

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…