Weak US job report results in volatile market

Weak US job report results in volatile market

By Anna Domanska - May 11, 2021

A weak job report resulted in a record close on Friday for the US stocks. The US labor department’s monthly non-farm payrolls report revealed employers hired 266,000 new workers

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Swiss Re reports $878 million loss driven by the pandemic effect

Swiss Re reports $878 million loss driven by the pandemic effect

By Anna Domanska - Feb 22, 2021

Swiss Re Group, the reinsurance company, reported a net loss of US $878 million for 2020. The company’s net income rose to $2.2 billion from $727 million in 2019, but that is exc

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Pharmaceutical Supply Chain Disruptions Due To the Pandemic

Pharmaceutical Supply Chain Disruptions Due To the Pandemic

By Anna Domanska - Dec 10, 2020

The Covid-19 pandemic is both a public health crisis and an economic disrupter too. Since the World Health Organisation declared the virus a pandemic, many countries went into lock

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Nearly 20,000 Amazon workers contracted coronavirus in its facilities

Nearly 20,000 Amazon workers contracted coronavirus in its facilities

By Christy Gren - Oct 02, 2020

The online retail giant Amazon Thursday said 19,816 of its front-line US employees working at Amazon and its Whole Foods retail chains had tested positive or presumed positive for

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Covid-19 turns Malaysia's Glove Makers into Billionaires

Covid-19 turns Malaysia's Glove Makers into Billionaires

By Anna Domanska - Aug 17, 2020

Owner of Risverstone Holdings is now a billionaire with his share prices going up, keeping up with the increasing demand in protective gloves across the world.

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Beer Sales See a Downturn in the Pandemic

Beer Sales See a Downturn in the Pandemic

By Christy Gren - Aug 08, 2020

Beer sales hit a record low as extended lockdown keeps people from visiting taprooms, bars, and restaurants.

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Nissan to brave $4.5 billion annual net loss as pandemic hits restructuring plans

Nissan to brave $4.5 billion annual net loss as pandemic hits restructuring plans

By Anna Domanska - Jul 28, 2020

Nissan Motor Co. is struggling with slumping new car sales amid the novel coronavirus pandemic. The Japanese automaker announced on Tuesday it expects to make an annual operating l

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Pandemic of Plastic in Corona Times

Pandemic of Plastic in Corona Times

By Anna Domanska - Jun 29, 2020

The Covid-19 pandemic has had an impact on the way we live in myriad ways. The lockdown, shelter in place and a cut down on travel has led to a dramatic fall in pollution levels, b

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Nike reports $790 million sales drop for latest quarter

Nike reports $790 million sales drop for latest quarter

By Anna Domanska - Jun 26, 2020

Nike, the leading footwear and athletic wear brand, reported a pandemic related sales drop of $790 million in its fourth-quarter fiscal report. In an investors’ call, executi

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