On Wednesday, in a statement Exxon Mobil Corp said, it has started a voluntary redundancy programme for its Australian employees, as means to mitigate the current predominant “unprecedented” market conditions. The voluntary redundancy programme is being offered to all employees in Adelaide, Sydney, Melbourne, Gippsland, and Perth, said Exxon in a statement. When asked to…
On Tuesday, leading U.S. airlines including Delta and American announced the suspension of their 2020 financial forecasts and took strong measures to further boost their capabilities to fight the economic impact of China’s coronavirus United announced a capital raising event and reported a first-quarter loss. The coronavirus pandemic has deeply impacted the tourism sector and…
On Thursday, according to a source with knowledge of the matter at hand, Japan Display Inc, an Apple Inc supplier, is in talks with Ichigo Asset Management, to receive funding for up to $830 million (90 billion yen). In a statement, Japan Display stated, it was “in talks with Ichigo for investment” and plans to…
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