DUBAI (Reuters) – Qatar has removed exit visa requirements for an additional segment of its foreign labour force, including some of those working in the oil and gas industry, according to official tweets posted on Friday. Qatar in 2018 eliminated exit visas for many foreign migrant workers. But the reform did not apply to domestic […]
Archives for March 2020
SoftBank seeks $10 billion to support Vision Fund companies
By Giles Turner, Gillian Tan and Peter Elstrom SoftBank Group is seeking to raise an additional $10 billion so its first Vision Fund can support portfolio companies battered by the coronavirus pandemic, according to people with knowledge of the matter. SoftBank is in talks with outside investors to provide $5 billion, which will be matched […]
What to read, listen & follow to help your business in 2020
Whilst we navigate the tricky waters of 2020, some people might find themselves with more time to read, listen or explore their business information. Others might desire the distraction or need some ideas on evolving their business. Maybe you need some inspiration, some practical bits of advice, and exposure to some interesting theories that challenge you […]
Amazon halts grocery orders in US to restock amid surging demand
Image Credit: Kathy Willens Amazon said on Thursday it has halted its Prime Pantry delivery service in the United States to restock groceries, following a surge in online orders by shoppers worried about the coronavirus pandemic. “Amazon Pantry is not accepting new orders at this time while we work to fulfill open orders and restock […]
Remote work during coronavirus outbreak puts millions more on Microsoft Teams, Slack
Microsoft’s Teams chat and conferencing app gained more than 12 million daily users in one week, a 37.5% jump as more people worked from home during the coronavirus outbreak, the company said on Thursday. Teams had 44 million users as of March 18, Microsoft said, more than double the 20 million daily active users that […]
Fashion brands see a dip in online sales
Retail therapy has taken a backseat in the tough times of the coronavirus pandemic. For fashion and lifestyle brands, which are already witnessing a steep decline in offline sales due to closure of malls in several states, sales are not happening through the ecommerce channel either due to poor consumer sentiment. While ecommerce sales of […]
Govt talks to Facebook, Google, WhatsApp for virus info blitz
Illustration: Rahul Awasthi The government has roped in technology company Google and instant messaging platform WhatsApp, and is in talks with Facebook to run massive information outreach campaigns to fight the Covid-19 pandemic, three government officials told ET. The US-based search giant will send close to 300 million notifications a day to users containing information […]
Zomato forays into grocery delivery, in talks to partner with Grofers & BigBasket
Illustration: Rahul Awasthi Food-delivery and restaurant discovery app Zomato is jumping on to the grocery bandwagon as the category sees a major uptick amid the Covid-19 outbreak. ET has learnt that Zomato is in talks to partner with e-grocers, Grofers and BigBasket, to sell food products and essentials on its platform by facilitating their deliveries. […]
How advisors are helping retirement savers through the coronavirus crisis
Welcome to Retirement Scan, our daily roundup of retirement news your clients may be talking about How financial advisors are helping clients through the virus crisisAlthough financial advisors are uncertain about the outcome of the coronavirus-driven market downturn, they continue providing guidance to their clients, especially those who are already retired, according to this article […]
AICPA postpones ENGAGE 2020 due to coronavirus pandemic
Concerns about the coronavirus pandemic have prompted the postponement of ENGAGE 2020, one of the largest accounting and finance conferences in North America. ENGAGE was scheduled to be held June 7–11 in Las Vegas. Details on the timing and format of the rescheduled event are still being set, as the situation surrounding the outbreak is […]