Shell announces 9000 job cuts as business dips

Shell announces 9000 job cuts as business dips

By Christy Gren - Oct 01, 2020

The layoffs will be done in a phased manner in the coming two years and will include about 1,500 people agreeing to retire voluntarily.

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The Seafarer Crisis: More than 300,000 workers stranded at sea

The Seafarer Crisis: More than 300,000 workers stranded at sea

By Christy Gren - Sep 21, 2020

The pandemic has triggered many crises, especially in tourism, travel, retail and the restaurant businesses, which have all taken huge hits.

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UK Retail Sees an Upswing but Economists Warn of a Downturn

UK Retail Sees an Upswing but Economists Warn of a Downturn

By Anna Domanska - Sep 20, 2020

The United Kingdom retail sales have shown a rebound for the fourth month straight, but economists are a little skeptical of the momentum being sustained as Britishers will be faci

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Facebook announces $4.3 million in grants for small businesses in India

Facebook announces $4.3 million in grants for small businesses in India

By Christy Gren - Sep 16, 2020

This grant is a part of its worldwide $100 million plan to help businesses tide over the Pandemic related economic difficulties.

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Delta resumes 50 International Routes

Delta resumes 50 International Routes

By Anna Domanska - Aug 24, 2020

The aviation industry is slowly limping back and resuming more domestic and international flights albeit with some caps on seating capacities. Though AITA says that the industry wi

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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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Makeup companies take a hit with faces covered in masks

Makeup companies take a hit with faces covered in masks

By Anna Domanska - Jul 09, 2020

The lipstick index, coined by Estée Lauder chairman Leonard Lauder, is a good indicator of the state of an economy. If the sales were up, it meant people indulged in small luxurie

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Checklist to tick if planning on reopening your business

Checklist to tick if planning on reopening your business

By Anna Domanska - Jul 06, 2020

As businesses look to reopen safely after a prolonged lockdown imposed due to the Covid-19 Pandemic, employers are facing unprecedented new challenges.

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