Articles by R. Ghosh

Retailers extend store closures as coronavirus cases skyrocket in US

Many retail giants say that store closures will last many more weeks, and possibly indefinitely till the spread of the virus gets contained

Mar 28, 2020

Coronavirus

Trumps orders General Motors, Ford to make ventilators to fight coronavirus

Trump in a tweet also said that he would be invoking the Defense Production Act, which would force companies to produce such equipment

Mar 28, 2020

Coronavirus

Airports start to lay off workers as Covid-19 halts traffic

Also, a large number of security staff and other workers in airports have tested positive for coronavirus of the past couple of weeks

Mar 28, 2020

Coronavirus

US unemployment claims touch record high as coronavirus hits hard

The numbers hit a record high of 3.28 million, topping the Great Recession peak of 665,000 in March 2009 and all-time high of 695,000 in October 1982

Mar 27, 2020

Coronavirus

US allocates $58 billion to bail out airlines amid coronavirus crisis

Of the $58 billion, the bill grants $25 billion in the form of loans and loan guarantees for passenger airlines

Mar 27, 2020

Coronavirus

Carmakers join coronavirus war: Kia, Fiat plan to make masks, Volkswagen hospital ventilators

Governments are urging automakers help in speeding up production of ventilators and other medical equipment that could help gap the shortage

Mar 26, 2020

Coronavirus

White House and Senate reach $2 trillion coronavirus stimulus deal: Here's what's in the package

The stimulus package includes a range of provisions to help the economy fight the coronavirus outbreak and bounce back to normal

Mar 26, 2020

Coronavirus

Dow closes up 2,112 points as Wall Street records best day since 1933 on hopes of major stimulus

Investors' sentiments got a boost on Tuesday on hopes of a $2 trillion stimulus package to help the economy survive the coronavirus onslaught

Mar 25, 2020

Coronavirus

Amazon prioritizes essential goods; Coca Cola, Pepsi suspend production as India goes under lockdown

Businesses have come to a halt in India as nearly every Indian state has imposed a lockdown to prevent the spread of COVID-19

Mar 25, 2020

Coronavirus Amazon prime

Demand for laptops, chips surge as world follows work-from-home model

The shift in work culture might end up benefiting retailers of electronic devices, especially office components that support working from remote locations

Mar 24, 2020

Coronavirus Samsung

walmart to sell chinese e commerce business to JD.com

Walmart follows rivals; hikes minimum wages as online demand sees robust growth due to coronavirus

The retailer said that it has increased the minimum entry wage of its workers at its warehouses by $2, following similar moves by rivals

Mar 23, 2020

Amazon prime Coronavirus

TraceTogether: Singapore launches coronavirus contact tracing app

The smartphone app TraceTogether was launched by GovTech in collaboration with the Ministry of Health that was developed over a period of eight days

Mar 21, 2020

Coronavirus

Coronavirus crisis: Amid job losses, e-commerce firms and retailers go on hiring spree

Walmart, Amazon and a number of other e-commerce companies and retailers are hiring thousands of temporary workers to keep up with a crush of demand

Mar 21, 2020

Coronavirus Amazon prime

Toyota, other Japanese carmakers to shut more facilities in Europe, Asia as coronavirus fears grow

While Toyota halted production in the UK and Poland on Wednesday, it will close more plants over the week amid growing concerns of cororavirus spread

Mar 19, 2020

Coronavirus

Emirates offers pilots unpaid leaves; Qatar Airways lays off staff as coronavirus spreads

Emirates, reportedly, is the latest airlines to request employees to go on unpaid leave, as the coronavirus outbreak continues to hit the aviation industry

Mar 19, 2020

Coronavirus

Uber suspends Uber Pool in US, Canada to contain coronavirus spread

Starting Tuesday, the Uber app detailed the Uber Pool option as "unavailable", when a consumers tried to enter a destination

Mar 18, 2020

Coronavirus

Amazon prioritizes medical supplies, household staples amid coronavirus fears

Earlier on Monday, the e-commerce giant had said that it would hire 100,000 temporary workers in the US to keep up with a crush of online demand

Mar 18, 2020

Amazon prime Coronavirus

France hits Apple with record fine of $1.23 billion for anti-competitive practices

The company was found guilty of forming cartels within its distribution network and illegally restricting the way wholesalers sell Apple products

Mar 17, 2020

China's Didi Chuxing launches delivery service to help drivers amid coronavirus scare

Customers, who are not willing to go out, can order their groceries with the help of the Didi app and drivers will buy these items and deliver them

Mar 17, 2020

Coronavirus

Starbucks planning to make some stores drive thru-only due to coronavirus

Starbucks had earlier stopped accepting reused cups and tumblers from customers in a bid to contain the spread of the deadly coronavirus

Mar 15, 2020

Coronavirus

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