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Tag: virus

This chart shows link between restaurant spending and new virus cases

Higher restaurant spending appears to be linked to a faster spread of the coronavirus, according to a JPMorgan study. Analyst Jesse Edgerton analyzed data from 30 million Chase credit and debit cardholders and from Johns Hopkins University’s case tracker. He found that increased restaurant spending in a state predicted a rise in new infections there three …

This chart shows link between restaurant spending and new virus casesRead More

Non-essential e-tailers bear brunt of virus lockdown, Retail News, ET Retail

BENGALURU: In 2012, Rahul Mahant was looking to expand his father’s signage manufacturing business. But he was sceptical whether anyone would buy his products — fire exit signs for instance — online. Eight years on, Clickforsign, which he turned into a separate business, earns annual revenue of around Rs 3.5 crore, almost entirely from online …

Non-essential e-tailers bear brunt of virus lockdown, Retail News, ET RetailRead More

Sunak’s virus bailout ‘not enough’ as the flood keeps coming | World news

Every sector of the British economy is suffering and asking the government to do more. Such is the scale of the economic hit that the country is facing from the coronavirus pandemic that even the widening of the government’s bailout last week has failed to assuage business leaders’ concerns. The travel industry is seeking a …

Sunak’s virus bailout ‘not enough’ as the flood keeps coming | World newsRead More

PlayStation and Moonpig’s UK sales soar amid virus crisis | Business

Spending on PlayStation more than doubled in March, while local convenience stores such as Nisa and Costcutter recorded a surge in sales, according to the online bank Revolut. But JD Wetherspoon, the pubs chain, was among the biggest losers in the UK. Revolut’s customers are likely to be younger and slightly more urban than account …

PlayStation and Moonpig’s UK sales soar amid virus crisis | BusinessRead More

Next HQ and three warehouses up for sale in virus mitigation plan | Business

Next is seeking buyers for its headquarters and three warehouses as it tries to raise tens of millions of pounds after the temporary closures of its stores and website. The company has appointed Savills, the property agent, to find a buyer for its head office in Leicester and another agent, Acre, to oversee the disposal …

Next HQ and three warehouses up for sale in virus mitigation plan | BusinessRead More

Supermarkets ready for a new week of rising to the virus’s challenge | Business

The wave of stockpiling triggered by the arrival of coronavirus on British shores means that many people will never take full supermarket shelves for granted again. And the week ahead will be another nail-biter for the country’s food retailers as they try to make good on their promise to “feed the nation”. On Saturday the …

Supermarkets ready for a new week of rising to the virus’s challenge | BusinessRead More

Millions to need food aid in days as virus exposes UK supply | World news

Millions of people in the UK will need food aid in the coming days, food charities are warning, as the coronavirus outbreak threatens to quickly spiral into a crisis of hunger unless the government acts immediately to reinvent the way we feed ourselves. In just a few weeks, experts say, the pandemic has exposed the …

Millions to need food aid in days as virus exposes UK supply | World newsRead More

Chinese billionaire Jack Ma offers US virus test kits, masks, Retail News, ET Retail

Beijing : Chinese billionaire businessman Jack Ma on Friday offered the United States 500,000 coronavirus test kits and a million masks, as the country faces a shortage of kits for diagnosing the potentially deadly disease.In a statement on Twitter, the founder of e-commerce giant Alibaba said, “drawing from my own country’s experience, speedy and accurate …

Chinese billionaire Jack Ma offers US virus test kits, masks, Retail News, ET RetailRead More

Walmart revises leave policy in face of virus; worker tests, Retail News, ET Retail

NEW YORK : Walmart is enacting an emergency leave policy for its 1.4 million hourly U.S. workers that allowing them to take time off without penalty if they fear the spread of a new virus. The nation’s largest private employer said Tuesday that a worker at its store in Cynthiana, Kentucky, tested positive for the …

Walmart revises leave policy in face of virus; worker tests, Retail News, ET RetailRead More

British universities face long shutdown of Chinese campuses as virus spreads | World news

British universities are braced for a long shutdown of their Chinese campuses after Beijing said it would extend the closure of China’s higher education sector into March to combat the spread of coronavirus. Nottingham, Birmingham City and Leeds universities were among the many UK higher education providers told they must delay the return of academics …

British universities face long shutdown of Chinese campuses as virus spreads | World newsRead More