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...
Movement to Work logo

Senior leaders call on UK business owners ‘not to fail young...

NEARLY one year on from the first lockdown, more than one in 10 young people have lost their jobs, with the number of 16...
Online Banking, Laptop

Banks ramp-up tech recruitment following pandemic — retail banking ‘may disappear’

The advance of digital currency is one thing, but the swiftness by banks to incorporate tech roles is another ANALYSTS predict online banking penetration in...
Crowdfunding graphic

SMEs ‘turn to crowdfunding to fuel growth out of the pandemic’

SMEs ARE more likely to choose non-traditional ways of accessing capital, including crowdfunding (32 percent) or offering investment opportunities to employees (30 percent), than...
Four Horsemen of Apocalypse, by Viktor Vasnetsov

A menace by any other name: the ‘equaliser’ that just isn’t

By William Roman COVID-19 and coronavirus are the most common names for it, but some sociologists and economists are tentatively hailing the virus as the...
EU flag coronavirus graphic

Fresh EU coronavirus recovery package has detractors up north

EU HEADS have agreed to set up a €540bn post-pandemic recovery fund, tied to the EU’s seven-year budget. European Council president Charles Michel, who chaired...
Disney+ Booth And Signage D23 Expo 2019

Streaming services basking in unprecedented demand from a currently ‘captive’ audience

IT'S AN ILL wind that blows no good, and Disney Plus is on the sweet end of a compensatory breeze from the pandemic. The video...
Covid, downward graph, pandemic debt concept

SMEs and the wolf at the door

By LUCY TROTT and KATIE PHILIPSON THROUGHOUT the pandemic, a steady stream of government support was made available to prop-up businesses. As we move towards a...
British Airways

Quarter of BA jobs going: 12,000 staff members face the axe

BRITISH Airways says it will be forced to make up to 12,000 staff redundant because of the global collapse of air travel. CEO Alex Cruz...
King's College London

King’s Business School co-ordinates study for embattled entrepreneurs

KING’S Business School in London is calling on entrepreneurs worldwide to participate in a study to help business owners survive the COVID-19 crisis. With livelihoods...