COVID-19 Business News

Luxury resort, pool, sea, palm tree

The birth of the travel subscription model

By DANA DUNNE THE SIGNIFICANT increase in subscription spending during the pandemic has caught the attention of businesses across the globe. In fact, according to...
Contactless payment with smartphone

Contactless ‘in-touch with wary consumers’ — cash ‘faring poorly’

CONTACTLESS spending could soon account for 47 percent of all transactions, according to research carried out by the Centre of Retail Research (CRR). It examined...
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...
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...
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...
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...
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...
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...
Gold bars

Selfless gesture: world’s super rich calling for higher taxation

SOME of the richest people on the planet want higher taxes on themselves and their peers to aid economic recovery from the Covid-19 crisis. A...
Illustration: Businessman holding tablet with barchart

The route to profitability — in times of pandemic

ASHLEIGH HINDE, CEO and founder of contact lens company Waldo, on the difficulty of balancing the people, payments and profits equation during tough times WITH...