Shell announces 9000 job cuts as business dips
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.
The Seafarer Crisis: More than 300,000 workers stranded at sea
The pandemic has triggered many crises, especially in tourism, travel, retail and the restaurant businesses, which have all taken huge hits.
UK Retail Sees an Upswing but Economists Warn of a Downturn
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
Facebook announces $4.3 million in grants for small businesses in India
This grant is a part of its worldwide $100 million plan to help businesses tide over the Pandemic related economic difficulties.
Delta resumes 50 International Routes
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
Beer Sales See a Downturn in the Pandemic
Beer sales hit a record low as extended lockdown keeps people from visiting taprooms, bars, and restaurants.
Nissan to brave $4.5 billion annual net loss as pandemic hits restructuring plans
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
Makeup companies take a hit with faces covered in masks
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
Checklist to tick if planning on reopening your business
As businesses look to reopen safely after a prolonged lockdown imposed due to the Covid-19 Pandemic, employers are facing unprecedented new challenges.
