COVID-19 Business News

Samsung phone

Samsung sees jump in Q2 profits thanks to remote working trend

SAMSUNG Electronics earnings have been boosted by the work-from-home boom. The world’s largest smartphone manufacturer announced Q2 operating profits up 23 percent compared with last...
Working from home, working in office

Home or office? Future is hybrid, say HR heads

MOST HR professionals — 65 percent of them — believe workers will divide their time between office and home after pandemic restrictions have been...
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...
Ukraine sunflowers field - Ukraine flag

Ukraine invasion could drive a recession and is crippling retail

Deloitte economist looks beyond the immediate tragedy of war to predict tough times ahead THE WAR in Ukraine has dramatically dialled up the risk of...
Skyscrapers with aircraft in sky

Job-swap hope for airline workers — but misery for EasyJet staff

By Hal Williams IN A WEEK where EasyJet announced plans to cut up to 30 percent of its employees to save costs, home healthcare company...
Hybrid technology mixing physical and digital worlds

Is your business metaverse-ready..?

By PETER GOULD The long awaited New Normal brings with it challenges and changes that are having immediate and profound effects on business. Many industries were...
Video conference

Free counselling for workers fearing anew for future of their jobs

PUSH, a UK wellbeing and performance company, will be offering free one-to-one mental health support sessions to those struggling with the challenges of coming...
People meeting around table in office with biophilic design

Boutique offices are the new trend

By JOHN DROVER THE JLL Future of Work survey found that 75 percent of commercial real estate leaders believe that flexible working patterns are critical...
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...
Oil tanker at sea, platform in background

Oil price hits negative territory, Virgin ailing, firms need wage aid

CORONAVIRUS infections are dropping in many countries, but corporate and financial impacts are increasingly being felt. Virgin Australia is going into administration, the US oil...