Articles by R. Ghosh

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

Alibaba's Jack Ma comes to aid; donates 2 million and 1 million masks to Europe and US, respectively

The Chinese billionaire had earlier donated 100 million yuan ($14.5 million) towards "supporting and developing a coronavirus vaccine"

Mar 15, 2020

Coronavirus

Global travel industry likely to shrink 25%; may impact 50 million jobs due to coronavirus

The World Travel & Tourism Council said that of the 50 million jobs losses, 30 million would be in Asia

Mar 14, 2020

Coronavirus

Adidas, Puma warn major decline in China sales, as coronavirus starts biting into profits

China accounts for almost one-third of the sales of both Adidas and Puma, which now say that the decline in sales will hurt their first-quarter profits

Mar 12, 2020

Coronavirus

PepsiCo agrees to acquire Rockstar Energy in a $3.85 billion deal

PepsiCo wants to boost its energy drink segment which so long was was banking on its Mountain Dew line of products and hasn't been much successful

Mar 12, 2020

Norwegian Air cancels 15% flights, plans temporary layoff due to coronavirus

Norwegian Air last week scrapped its 2020 outlook and the company has already lost 70% of its market value this year

Mar 11, 2020

Coronavirus

Tesla reaches another milestone; rolls out its one-millionth car

Tesla, which had a roller-coaster ride over the years, rolled out its one-millionth car 17 years after the company was founded by Elon Musk

Mar 11, 2020

Elon musk Coronavirus

Nissan's China February sales decline 80% as coronavirus takes a hit on carmakers

China, the world's biggest market for new cars, saw an decline in sales of passenger cars by 80% in February

Mar 10, 2020

Coronavirus

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