Friday January 28-th, 2022

COVID-19: Many employees may work from home permanently, says Twitter COVID-19: Many employees may work from home permanently, says Twitter

The company's CEO Jack Dorsey informed staff of the new policy via email today (Tuesday 12 May). Chief Executive Office Jack Dorsey told employees San Francisco-based Twitter was unlikely to open its offices before September, but that even when t...

Google, Facebook to Extend Employees’ Remote Work to 2021 Google, Facebook to Extend Employees’ Remote Work to 2021

Facebook also said that most workers could continue to work from home until the end of the year. Facebook said it would reopen its offices on 6 July as coronavirus lockdowns are gradually lifted. How long will work-from-home last? Pichai also ...

Twitter says staff can continue working from home permanently

Twitter announced Tuesday it will allow employees to work remotely permanently, as the coronavirus outbreak forces companies to make unprecedented changes in offices across the globe. we should be building our company around that". Dorsey added tha...

Twitter to allow most employees to work from home permanently

The company said that it was "uniquely positioned" to switch to remote working and that its employees have proven they can make the set up work over the past few months. Dorsey added that Twitter would be unlikely to reopen its offices before Septe...

Wednesday is the last day to request direct deposit for stimulus payments Wednesday is the last day to request direct deposit for stimulus payments

The last day to use the IRS Get My Payment app and receive your stimulus check via direct deposit is coming up. In Louisiana, almost two million payments have already been received totaling more than $3 billion. People who are owed money but wh...

PM Narendra Modi announces special economic package of ₹20 lakh crore PM Narendra Modi announces special economic package of ₹20 lakh crore

PM Modi addressed the nation even as the total number of coronavirus cases in India topped 70,000, while the death toll neared 2,900. The package will focus on land, labour, liquidity and law.it will help small business, labourers, farmers.

United States consumer prices post largest drop since 2008 United States consumer prices post largest drop since 2008

China is trying to recover from its first economic contraction on record during the January-March quarter, when the economy was paralysed by curbs to slow the spread of the virus that has killed more than 4,600 people in the mainland. The 0.8% drop i...

United Kingdom furlough scheme extended by four months United Kingdom furlough scheme extended by four months

Rather than cutting the 80 per cent of previous wages that furloughed workers receive, the Foundation says the priority should be to increase the incentive for firms to reopen by phasing in employer contributions towards the cost of furloughing.

Ryanair to resume two out of five flights from July Ryanair to resume two out of five flights from July

Ryanair's group chief executive Michael O'Leary has said it would not resume flying if "idiotic" distancing measures such as keeping middle seats empty were imposed. This contact information will be provided to European Union governments to help the...

BC Hydro sees significant drop in electricity demand during pandemic BC Hydro sees significant drop in electricity demand during pandemic

The utility says electricity demand in British Columbia is estimated to be down almost 10 per cent, more than double the decline following the 2008 recession. It will also spill water at some of its facilities to balance generation and use, when need...

South Dakota Scores Big Numbers in the Paycheck Protection Plan South Dakota Scores Big Numbers in the Paycheck Protection Plan

As of Sunday, May 10, almost $60 billion in approved loans have been made by small lenders in round two. "Our work isn't done; we will continue to accept and submit applications in all of our markets until the PPP funds are exhausted". "Employees h...

Treasurer Josh Frydenberg Tested For COVID-19 After Coughing Outburst In Parliament

He appeared to temporarily lose his voice, coughing repeatedly into his hands and elbow, before taking deep gulps of water. Prime Minister Scott Morrison and other senior ministers were just metres from Frydenberg at the time. it was prudent I get ...

Scott Morrison Considering Slashing Or Ditching JobKeeper Allowance Earlier Than Expected

Treasury are now reviewing the scheme, which was expected to cost Australia $130 billion, but is now running about $20 billion under budget. There are five million workers now qualifying for JobKeeper, instead of the six million it was meant to cover...

Billionaire Paul Tudor Jones Buys Bitcoin to Hedge Against Inflation Billionaire Paul Tudor Jones Buys Bitcoin to Hedge Against Inflation

It has happened globally with such speed that even a market veteran like myself was left speechless . In the text, Jones estimates that since February, US $ 3.9 trillion has been printed, equivalent to 6.6% of global economic production. This time,...

Stocks close mixed as tech gains offset coronavirus jitters Stocks close mixed as tech gains offset coronavirus jitters

Information technology stocks on both sides of the border helped push stocks higher as investors analyzed the impact of stay-at-home directives on the overall economy. China on Friday releases industrial production and retail sales data for April. ...

IndiGo denies it’s looking to buy Virgin Australia IndiGo denies it’s looking to buy Virgin Australia

IndiGo , while denying media reports of its expression of interest (EOI) in Virgin Australia , has said that it does not "have any interest in this matter". Among other sectors, the aviation field was also hard hit by the viral outbreak. Only carg...

China suspends meat imports from four Australian abattoirs as ties sour trade China suspends meat imports from four Australian abattoirs as ties sour trade

Barley farmers could be the first victims if Beijing makes good on its threat. There are fears the barriers introduced by Australia's largest trading partner are in retaliation to Prime Minister Scott Morrison's demand for an independent investiga...

Government mulls part-time working for furloughed staff

Sunak could announce changes to the furlough plan as early as Monday, the Telegraph said. The government has been taken aback by how enthusiastically employers and staff have embraced the scheme, which now has about 50 per cent of the population ...

New Toyota Highlander to come to United Kingdom as all-wheel-drive hybrid New Toyota Highlander to come to United Kingdom as all-wheel-drive hybrid

The Highlander is sold as the Toyota Kluger in its home market Japan and Australia. The Highlander is based on Toyota's "GA-K" platform, which also underpins the Camry and RAV-4, and will only be available as a hybrid. Toyota says the interior fe...

Argentina extends debt renegotiation deadline to May 22 Argentina extends debt renegotiation deadline to May 22

However in practical terms this means a window of fifteen days remains open, that is until May 22, when Argentina is scheduled to make a US$ 500 million payment. Argentina had won the backing of the International Monetary Fund and academics including...

Canada’s biggest companies getting new loans, financing to weather COVID-19 Canada’s biggest companies getting new loans, financing to weather COVID-19

On Monday, the Government of Canada announced it is establishing a Large Employer Emergency Financing Facility (LEEFF) "to provide bridge financing to Canada's largest employers, whose needs during the pandemic are not being met through conventional ...

Trump economic adviser says he expects unemployment rate Trump economic adviser says he expects unemployment rate "north of 20%"

Mnuchin's surprising change of mind also confirms statements made April 26 by White House economic advisor Kevin Hassett , who warned unemployment could hit levels not seen since the Great Depression. While Hassett was hopeful for the country's ...

Morrisons cuts petrol price to under £1 a litre Morrisons cuts petrol price to under £1 a litre

Morrisons has become the first major retailer to cut the price of petrol to below the £1 per litre threshold at all of its forecourts across the UK. Last night, Boris Johnson announced that people in England will now be able to drive to different a...

RIL fixes May 14 as record date for India’s largest issue RIL fixes May 14 as record date for India’s largest issue

RIL has set a price of Rs 1,257 per share for the rights issue with a ratio of 1:15. "We inform you that the Rights Issue Committee constituted by the Board of Directors of the company has, at its meeting fixed Thursday, May 14, 2020 as the "Record...

Avianca files for bankruptcy protection in United States

The airline has not flown a regularly scheduled passenger flight since late March and most of its 20,000 employees have gone without pay during the lockdown period. In 1990, the crash of an Avianca Boeing 707 after it ran out of fuel near New York'...

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