Coronavirus
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Asia Pacific Airlines See 43.9% Drop in Passenger Demand
The Association of Asia Pacific Airlines released figures on Thursday showing that, by the end of February 2020,…
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Singapore Airlines Cuts 96% of Capacity and Grounds 138 Planes
A massive reduction in air capacity marks a turning point for global aviation Singapore Airlines announced on March…
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Singapore Airlines Grounds 138 Planes and Cuts 96% of Capacity
A massive reduction in air capacity marks a turning point for global aviation Singapore Airlines announced on March…
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Coronavirus Recession Hits Africa as Oil Prices Fall and Debt Mounts
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Amazon Limits Warehouse Intake to Essentials as Virus Surges
On March 19, Amazon notified its third‑party sellers that, because of the escalating coronavirus outbreak, the marketplace would…
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Amazon Prioritizes Essential Items Amid Coronavirus Pandemic Surge
On March 19, 2020, Amazon reported a sharp rise in orders as the coronavirus outbreak pushed consumers to…
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Amazon becomes “go-to” e-commerce site amid coronavirus
On March 19, 2020, as the coronavirus pandemic continued to spread globally, Amazon, the American e-commerce giant, saw…
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Global stock markets stumble as coronavirus pandemic spreads
Global markets posted their worst week since the 2008 financial crisis between 9 March and 13 March 2020,…
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Global airlines brace for $113 billion revenue hit from coronavirus
The International Air Transport Association (IATA) has announced a dramatic increase in the damage of the coronavirus to…
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Amazon Removes Over One Million Products for Price Gouging Amid Pandemic
By March 3, 2020, Amazon had taken down more than one million items from its marketplace for violating…
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China’s Factory Activity Falls to Record Low of 35.7 in February
Asian stock markets posted gains on Monday, March 2, 2020, even as new data revealed the worst month…
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Jollibee Closes 14 Yonghe King Stores in China’s Hubei Province
Hubei, February 27, 2020 — cybernewschronicle.com — Jollibee lost 6.14% on Wednesday. That is a lot for a…
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Singapore companies cushion virus impact by imposing hiring, pay freeze
Singapore’s largest companies froze hiring and suspended pay rises on 26 February 2020 after the Ministry of Health…
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South Korea Virus Cases Hit 833 as Church Cluster Spreads
The Korean won is sliding. The Kospi is down more than 3%. Hyundai Motor shares have plunged. These…
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In 2020, Indonesia Cut Rates Against the Virus Threat Despite No Cases at Home
On February 20, 2020, Indonesia’s central bank cut its benchmark interest rate by 25 basis points to 4.75%…
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Apple Says Coronavirus Will Leave It Short of March-Quarter Revenue Guidance
Apple’s global supply chain has a weak link, and it is China. The company confirmed February 18 that…
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Apple won’t hit revenue forecasts due to coronavirus
American multinational technology firm Apple said during the investor update that it will not meet its target earnings…
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Coronavirus Adds a Second Blow to Hong Kong’s Recession-Hit Economy
Hong Kong, February 10, 2020 — infopulsetoday.com — The novel coronavirus dealt a heavier blow to Hong Kong’s…
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Nintendo hit by coronavirus; production gets delayed
Japanese gaming giant Nintendo has confirmed feeling the heat of the novel coronavirus as it disrupts the production…
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Companies Close Stores and Cut Travel to China as Coronavirus Spreads
On February 2, 2020, a wave of voluntary operational suspensions swept through mainland China as prominent international corporations…
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American Airlines Pilots Sue to Halt China Flights Over Coronavirus
The Allied Pilots Association, which represents pilots at American Airlines, initiated legal proceedings on January 30, 2020, in…
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Malaysia Eases Lockdown So Glove Factories Can Meet Global Demand
The Malaysian Rubber Glove Manufacturers Association (MARGMA) said the global demand for their products has greatly increased following…
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Starbucks sales hit as 2,000 stores in China shut amid coronavirus
On January 30, 2020, Starbucks, the world’s largest coffee chain, closed more than 2,000 branches in China, becoming…
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Starbucks Closes 2,000 China Stores Amid Coronavirus
On January 30, 2020, Starbucks, the world’s largest coffee chain, closed more than 2,000 branches in China, becoming…
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