Articles by R. Ghosh

EU announces new measures to help revive economies amid coronavirus outbreak

The measures include a short time work scheme, SURE, to help economies in the European Union. Also, there will be schemes to help farmers and fishermen

Apr 2, 2020

Coronavirus

angela-merkel-halts-germany-sales-puts-pressure-on-u-s-after-khashoggi-killing

Germany extends social distancing until April 19; sets new social distancing rules

Chancellor Angela Merkel said that its "too early to think of loosening the restrictions." New social distancing rule doesn't make wearing masks mandatory

Apr 2, 2020

Coronavirus

World running out of protective gear to treat coronavirus; top glove maker hit by worker shortage

The WHO recently said that the US alone will require 3.5 billion face masks over the year to fight coronavirus

Apr 1, 2020

Coronavirus

US adopts new strategy; plans to makes hundreds of temporary hospitals to fight coronavirus

The US Army Corps , which has already built a few makeshift wards, aims to convert 341 temporary facilities into coronavirus care units

Apr 1, 2020

Coronavirus

More airlines ground fleets, go for furloughs, layoffs as coronavirus bites into passenger revenues

The IATA on Tuesday said that annual passenger revenues will fall by $252 billion if travel restrictions continue for three months

Mar 31, 2020

Coronavirus

Saudi Arabia announces free treatment for coronavirus patients; boosts wheat, livestock supplies

Saudi Arabia, which has reported eight deaths due to coronavirus, said that the free treatment will also include those in violation of residency laws

Mar 31, 2020

Coronavirus

Facebook grants $100 million to coronavirus-hit global news media

The social media giant will give $25 million to local news media in the US and invest another $75 million in the form of "additional marketing spend"

Mar 30, 2020

Coronavirus Facebook

Friendly neighbor Albania sends 30 doctors to Italy to help fight coronavirus

The team of doctors and nurses will be working with their Italian counterparts for a month in Bergamo, the worst hit city by the pandemic

Mar 29, 2020

Coronavirus

Retailers extend store closures as coronavirus cases skyrocket in US

Many retail giants say that store closures will last many more weeks, and possibly indefinitely till the spread of the virus gets contained

Mar 28, 2020

Coronavirus

Trumps orders General Motors, Ford to make ventilators to fight coronavirus

Trump in a tweet also said that he would be invoking the Defense Production Act, which would force companies to produce such equipment

Mar 28, 2020

Coronavirus

Airports start to lay off workers as Covid-19 halts traffic

Also, a large number of security staff and other workers in airports have tested positive for coronavirus of the past couple of weeks

Mar 28, 2020

Coronavirus

US unemployment claims touch record high as coronavirus hits hard

The numbers hit a record high of 3.28 million, topping the Great Recession peak of 665,000 in March 2009 and all-time high of 695,000 in October 1982

Mar 27, 2020

Coronavirus

US allocates $58 billion to bail out airlines amid coronavirus crisis

Of the $58 billion, the bill grants $25 billion in the form of loans and loan guarantees for passenger airlines

Mar 27, 2020

Coronavirus

Carmakers join coronavirus war: Kia, Fiat plan to make masks, Volkswagen hospital ventilators

Governments are urging automakers help in speeding up production of ventilators and other medical equipment that could help gap the shortage

Mar 26, 2020

Coronavirus

White House and Senate reach $2 trillion coronavirus stimulus deal: Here's what's in the package

The stimulus package includes a range of provisions to help the economy fight the coronavirus outbreak and bounce back to normal

Mar 26, 2020

Coronavirus

Dow closes up 2,112 points as Wall Street records best day since 1933 on hopes of major stimulus

Investors' sentiments got a boost on Tuesday on hopes of a $2 trillion stimulus package to help the economy survive the coronavirus onslaught

Mar 25, 2020

Coronavirus

Amazon prioritizes essential goods; Coca Cola, Pepsi suspend production as India goes under lockdown

Businesses have come to a halt in India as nearly every Indian state has imposed a lockdown to prevent the spread of COVID-19

Mar 25, 2020

Coronavirus Amazon prime

Demand for laptops, chips surge as world follows work-from-home model

The shift in work culture might end up benefiting retailers of electronic devices, especially office components that support working from remote locations

Mar 24, 2020

Coronavirus Samsung

walmart to sell chinese e commerce business to JD.com

Walmart follows rivals; hikes minimum wages as online demand sees robust growth due to coronavirus

The retailer said that it has increased the minimum entry wage of its workers at its warehouses by $2, following similar moves by rivals

Mar 23, 2020

Amazon prime Coronavirus

TraceTogether: Singapore launches coronavirus contact tracing app

The smartphone app TraceTogether was launched by GovTech in collaboration with the Ministry of Health that was developed over a period of eight days

Mar 21, 2020

Coronavirus

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