There is a surge for laptops and network peripherals as well as components because of more and more employees staying back home and working from home in order to slow down the spread of the coronavirus pandemic. This has inevitably also increased demand for supply china products such as chips....

An unprecedented move is being planned by SoftBank Group Corp to restore investor confidence as the investing company wants to raise as much as $41 billion to buy back shares and reduce debt. The shares of the company as well as those of its portfolio companies has been plummeted by the rout of the...

The US airline United Airlines, one of the largest in the world, will restore some international flights, but in general there will be only 10% of the usually scheduled international flights in April, the company said in a press release. Earlier, US airlines announced a sharp reduction in...

The United Kingdom government has said that wages of employees who are unable to work because of the coronavirus pandemic will be paid by it which is seen a very radical measure to secure the hobs of such employees.    The government said that it will pay about 80 per cent of the...

Apple has limited iPhone sales in its online stores, allowing customers to buy no more than two smartphones per person. The last time the company introduced such restrictions was in 2007, when the first iPhone was introduced. Apple has imposed restrictions on iPhone sales through its online stores...

Galaxy Digital CEO Mike Novogratz said the growing economic crisis will delay mass adoption of cryptocurrencies by 12-18 months. Lack of cash led to the sale of those assets that most people under other conditions would prefer to keep for the long term, said Novogratz. Gold is also falling for the...

The severe economic impact on the aerospace manufacturing industry of the United States because of the coronavirus pandemic has prompted Boeing Co to give a cal for a $60 billion assistance package to the industry to stay afloat.   There were reports earlier this week about “tens of billions...

Airlines in the United States are contemplating something that was believed to be impossible – stopping all commercial domestic flights in the country because of the coronavirus pandemic spread and its impact on air travel demand.    While it is unclear whether the US government will...

Moody’s rating agency has issued a forecast about which areas of the business may be most affected by the coronavirus epidemic, and which will suffer less damage. Among the most affected are non-food retail, automobile, clothing, tourism, air and sea shipping. The epidemic will barely touch...