Tag: Coronavirus pandemic

Coronavirus: LightInTheBox to make urgently needed medical supplies globally available

LightInTheBox Holding Co., Ltd., a cross-border e-commerce platform that delivers products directly to consumers around the world, announced that it is making urgently needed medical supplies globally available to support  the fight against the COVID-19 pandemic. LightInTheBox is leveraging its strong relationships with suppliers across China to secure sizeable stocks of medical face masks, safety…

Coronavirus: States in the US that are hit hardest by social distancing

LendingTree, the nation’s leading online loan marketplace, released its study on the states hit hardest by social distancing. With COVID-19 spreading throughout the country and experts urging Americans to practice social distancing, the study found that residents of Western states and New England tend to be more social than the rest of the country and…

Bajaj Group pledges Rs100 cr for the fight against coronavirus

Rahul Bajaj, the Chairman of the Bajaj Group announced contribution of Rs 100 crore to fight against the coronavirus pandemic that has created havoc across the world. Such gestures from industrialists will definitely inspire others to do the same in order to deal with the nationwide lockdown in the country. According to the Company’s statement: …

Shifting consumer patterns in the US during Covid-19 pandemic

American consumers are shifting their purchasing attitudes towards companies and brands during the COVID-19 pandemic, according to a survey of more than 500 participants over a two-day period released by PEOPLE Insiders Panel, which is comprised of PEOPLE brand enthusiasts. Among the key findings: More than 89 percent are monitoring the treatment of employees by…

Are we heading towards an unemployment crisis?

The ongoing coronavirus pandemic has forced the world to a standstill. Markets are closed, roads are empty, people are locked inside their houses and business is not as usual. The novel virus which first originated in China has now become a global headache. So far the virus has infected more than 470,000 cases and claimed…

Exclusive: Travel tech firm Fareportal lays off employees

New York-based global tech travel firm Fareportal has reportedly laid off about 200 employees from its Gurugram and Pune offices amid the ongoing coronavirus pandemic. The novel coronavirus pandemic has crippled the travel industry forcing companies to run for their money and conserve as much capital as they can. This has led travel companies to…

Coronavirus Impact: Zomato employees take voluntary pay cuts

Taking into consideration the impact of the coronavirus pandemic on businesses, Zomato recently announced that hundreds of its employees are taking a voluntary deep cut in salaries to help the company sustain. In a series of tweets, Zomato CEO Deepinder Goyal announced that hundreds of employees have taken deep voluntary salary cuts to help the…

Coronavirus: Housing sales in India dips to 42% in Q1 2020

India is under complete lockdown due to the coronavirus epidemic. Despite different measures taken by the government on all levels, the number of coronavirus cases in the country are still on the rise. The central government of India has recently announced an economic bailout package to deal with the ongoing crisis. Many sectors are severely…

37% Of small businesses in the US are struggling to stay afloat

Coronavirus pandemic has engulfed the entire world, creating nation lockdowns in most countries which have put immense impact on businesses of all forms, creating job losses and shutting down manufacturing operations across the globe. However, there is news from China that its industries have started operating as the country has no new coronavirus cases. But…

Bacardi initiates global production of hand sanitizers for local communities

Family-owned Bacardi has expanded its commitment across countries and brands to help produce more than 267,000 gallons (1.1 million liters)of hand sanitizers, as worldwide demand continues to exceed supply in efforts to reduce the risk of COVID-19. This week, eight Bacardi-owned manufacturing sites across the United States, Mexico, France, England, Italy and Scotland are joining…

NIIT develops actionable roadmaps, toolkits and packaged services to help learning and development organizations

The COVID-19 pandemic is an ongoing global crisis. As the situation continues to evolve, businesses around the world find themselves in uncharted territory as they scramble to manage through the crisis. This includes learning and development organizations who will have to make major changes in their delivery approach almost overnight. In response to this unprecedented…

Ultra low-cost carrier Volaris announces temporary reduction of capacity and demand

Volaris, the ultra-low-cost airline serving Mexico, the United States and Central America, announces that the spread of the COVID-19 (Coronavirus), declared a pandemic by the World Health Organization, and the related governmental travel restrictions have significantly reduced the demand for global air transportation. Accordingly, as of March 24th, 2020 Volaris will decrease capacity as measured…

Coronavirus kindness: Hyundai Hope On Wheels donates $2 mn to Children’s hospitals across the US

Hyundai Hope On Wheels, a non-profit organization supported by Hyundai Motor America and its U.S. dealers, announces a donation of $2 million for COVID-19 Drive-Thru Testing Centers in partnership with children’s hospitals throughout the U.S. The COVID-19 pandemic has created a particular threat to children with cancer, many of whom have compromised immune systems. COVID-19…