General Motors planned on a “seven business days” operation model to cope with shrinking exports. This month, General Motors has planned to make a sharp reduction in the output for its unit in South Korea which produces the company’s “new Trailblazer sport-utility vehicle”. The decision has been...

Financial gains remained the primary motive of hackers conducting cyber attacks since 2019, concluded a recent annual report by Verizon called the Data Breach Investigations Report.   The report was published on the very day that the airlines firm EasyJet said that its servers were hacked...

As of Monday, May 18, about 91% of medium and small enterprises in China have resumed work, which was suspended due to the pandemic of the coronavirus infection COVID-19, according to official data. From the point of view of industries, 93% of companies resumed their activities in the manufacturing...

The UK retailer Marks & Spencer told about changing consumer habits during a pandemic. Its clients now prefer sportswear to suits and ties, and bras have become the most popular category of goods. In the context of the coronavirus pandemic, sportswear, sleepwear and bras became the most popular...

Alleging that McDonald's had failed to adopt and implement government safety guidance on Covid-19, thereby putting the lives of the employees and their families in danger of being infected with the disease, five employees of the company in Chicago filed a class action lawsuit against the chain on...

The German automobile group Volkswagen agreed to pay €9 million to dismiss a case against the head of the board of the automobile concern Herbert Diess and the chairman of the supervisory board, Hans Dieter Pötsch, according to Handelsblatt. German prosecutors in Braunschweig charged Diess and...

Apple has rejected a statement by US Attorney General William Barr that its policy to protect personal data, including from law enforcement, threatens US national security, Bloomberg reports citing Apple. Earlier, Barr said that Apple’s policy to protect personal data, including from law...

As expected, JC Penney, one of the largest US department store chains, filed for bankruptcy. This is stated in the message of the company, founded in 1902. Notification of the beginning of the restructuring procedure in the conditions of protection against creditors under Art. 11 US Bankruptcy Laws...

Airbus needs to be “resized”, plans for which are to be set out around the end of June, the European plane maker has told senior staff. The company has said that it is also ready to slash jet production again to be able to address and meet the challenges of a possible second wave of the coronavirus...