GM, Ford, Chrysler reopen US factories

Coronavirus Updates: GM, Ford and Chrysler to reopen US factories

Automakers General Motors (GM), Ford and Fiat Chrysler will gradually reopen their factories in the US but will implement changes to protect their workers...

Retail sales in US may fall by 12.3% amidst coronavirus lockdowns

Retail sales in US may fall by 12.3% in April as coronavirus lockdowns are not yet fully lifted. Americans are reducing their spending on...

Potential impact of second wave of COVID-19 on oil industry

The potential impact of a second wave of COVID-19 on oil industry remains a concern for the International Energy Agency (IEA). According to IEA on...
Addison Lee Uber protective screen

Coronavirus Updates: Protective screens installed by Addison Lee, Uber

Taxi company Addison Lee and ride hailing firm Uber are installing protective screens between drivers and passengers as a new safety measure. Addison Lee and...
Elon Musk Tesla California factory

Elon Musk defies county orders, reopens Tesla California factory

Tesla chief executive officer (CEO) Elon Musk has escalated his conflict with Alameda County officials after announcing the reopening of its California factory. On Monday,...

New China tariff waivers for US imports to take effect on May 19

The new China tariff waivers for some US imports will take effect on May 19 and end on May 18, 2021. There are currently...
Tesla factory California lockdown

Coronavirus Lockdown: Tesla to move HQ out of California, Musk warns

Tesla chief executive officer (CEO) Elon Musk has warned that he will move the company's headquarters (HQ) out of California following lockdown issue. Following the...
Neiman Marcus

Coronavirus updates: Neiman Marcus files for bankruptcy protection

Neiman Marcus filed for bankruptcy protection as the world grapples with the coronavirus pandemic. The move came after J.Crew sought reorganization. "Like most businesses today,...
Hong Kong

Hong Kong businesses reopening on Mother’s Day weekend

Hong Kong businesses are reopening on Mother's Day weekend. Hong Kong business leader Allan Zeman says this will be a "game changer." Lifting social distancing...

J.Crew files for bankruptcy amidst the coronavirus pandemic

J.Crew files for bankruptcy amidst the coronavirus pandemic. This serves as a microcosm of the difficulties that major national retailers are facing. J.Crew is popular...

RECENT ARTICLES