The US Regulators warned these companies to stop selling fake COVID-19 products. Regulators in the United States warned seven (7) companies to stop selling products with false claims that they can treat COVID-19. This, as the warnings were sent to companies based in the United States, Canada, and the United Kingdom via email and were … Read more
General Electric (GE) CEO Jack Welch died at the age of 84. CEO Jack Welch died on Monday at the age of 84. The tragic passing of one of America’s best-known businessmen was confirmed by General Electric (GE). In an email, company chief Larry Culp said that Jack’s passing was “a sad day for the … Read more
Stock markets in Asia fell due to the COVID-19 outbreak. MARKETS IN ASIA – Stock futures fall on Monday as investors were anxious by China’s weekend data, showing its fastest ever contraction in factory activity. This, as China’s weekend data raised fears of a global recession from the 2019 novel coronavirus, named COVID-19. Pandemic feared … Read more
Matthew Levatich will be leaving his post as the CEO of Harley-Davidson. Harley-Davidson officially announced that Matthew Levatich will be leaving his post as the company’s chief executive officer (CEO). This, after a motorcycle maker Harley-Davidson has been struggling with its declining sales in the United States as it tried to adapt to an aging … Read more
An extended travel ban imposed by the Philippines will have a “negative impact” on the economy, according to a Chinese Ambassador. The Chinese Ambassador on Tuesday said at the 5th Association for Philippine-China Understanding (APCU) forum in Ortigas, Pasig City, that an extended travel ban imposed by the Philippines will have a “negative impact” on … Read more
Auto China 2020 was rescheduled due to the COVID-19 outbreak. China rescheduled its annual auto show, which was one of the industry’s biggest international events, due to an outbreak of the 2019 novel coronavirus, now COVID-19. This, as the organizers of Auto China 2020 said in a statement that the said event was originally scheduled … Read more
Japan suffered its worst economic drop in five years, with a tax hike and a deadly typhoon. Japan already suffered its worst quarterly GDP contraction in more than five years — with an increase in tax and a deadly typhoon. According to an official data that was published on Monday, Japan’s gross domestic product (GDP) … Read more
China to destroy banknotes from sectors with COVID-19 cases, according to a branch of China’s central bank in Guangzhou. China might destroy all banknotes in order to ensure the safety of cash transactions, according to a branch of China’s central bank in Guangzhou. Caixin on Saturday reported that the officials at the branch of the … Read more
Starbucks, McDonald’s, and other fast-food companies in China went ‘contactless’ in order to fight COVID-19. Starbucks Corp, McDonald’s Corp, and other fast-food companies were ramping up “contactless” pickup and delivery services in order to keep their workers and customers safe. This, after the 2019 novel coronavirus, now COVID-19, has infected more than 68,500 people and … Read more
Amazon has withdrawn this month’s Mobile World Congress (MWC) due to the outbreak and “continued concerns about the new coronavirus.” In a statement, Amazon said that the company would back out from participating and exhibiting in this year’s MWC due to 2019 novel coronavirus. Amazon was the fourth company to back out of the annual … Read more