COVID-19 Business News

Zara shop

Online push from Inditex as up to 1,200 stores to close

INDITEX, the Spanish owner of fashion and clothing stores Zara, Bershka, Pull & Bear and Massimo Dutti, will close up to 1,200 outlets around...
Dad working from home, flexible working

Engineering firm funds research into lasting flexible work systems

BUILDING and civil engineering company Sir Robert McAlpine has funded a study using first-person accounts to provide employers with “more than stats” on the subject of...
Business closed

UK firms on cliff edge as crisis continues, distress tracker reveals

MORE than a half-a-million UK businesses are facing a high risk of insolvency, and 250,000 may not survive another month without a change to...
Sessions Market food selection (Photo: Justin DeSouza)

Sessions Market cooks up an incentive to beat chef shortage

SESSIONS Market has launched a chef incentive and recruitment scheme to boost an industry hard-hit by the Covid pandemic. Founder Dan Warne, previously MD at...
Zoom conference call on laptop

Pandemic policies linger on — and ‘hurt workers’

RESEARCH shows 59 percent of workers in “deskless” industries — manufacturing, care, construction, and retail — believe the negative effects of the pandemic are...
Euro bank notes

ECB launches new aid package to soothe effects of pandemic

By HAL WILLIAMS THE EUROPEAN Central Bank has launched a €750bn emergency package to buy government and company debt across the eurozone. The temporary purchasing scheme...
US Federal Reserve building

Holdun Family Office finds serenity and growth amid pandemic chaos —...

Holdun’s uncorrelated Alternative Investment Funds provide shelter from the oscillations of the volatile equity market. MICHAEL O’CONNOR reports. THE FIRST half of 2020 has been...
Stock Market Charts Coronavirus

Markets catch a cold as virus fears infect stock exchanges

THE Nikkei Index for the Tokyo Stock Exchange has taken a tumble over fears at the spread of coronavirus. The 4.5 percent slump — which...
Rishi Sunak, UK Chancellor

Mixed but generally positive responses to Sunak’s revised support package

By HAL WILLIAMS THE UK government’s new package of measures to support businesses through to March 2021 has met with differing responses from the business...
Shaking hands with blue latex gloves (Image by rawpixel.com)

PPE glove manufacturer to shut half its plants as Covid hits

By Hal Williams IN A BLEAK Covid irony, the world's largest manufacturer of personal protection latex gloves will shut 28 of its factories — because...