by pallanus | May 22, 2020 | Business News
The move will keep “as many people as possible working during this pandemic while providing a safe work environment for them,” said a senior Amazon executive. File photo: Reuters Amazon.com Inc’s India unit said it would hire 50,000 temporary workers...
by pallanus | May 19, 2020 | Business News
Oil prices rose on Tuesday, extending gains for a fourth straight session. The market was also boosted by signs that output cuts agreed by the Organization of the Petroleum Exporting Countries (OPEC) and others including Russia, a group known as OPEC+, are being...
by pallanus | May 9, 2020 | Business News
India’s fuel demand dipped 45.8 per cent in April from a year earlier, as a nationwide lockdown and travel curbs to combat the spread of novel coronavirus eroded economic activity. Consumption of fuel, a proxy for oil demand, totalled 9.93 million tonnes –...
by pallanus | May 8, 2020 | Business News
Oil prices gained on Friday as more countries began relaxing restrictions put in place to halt the coronavirus pandemic, raising hopes that demand for crude and its products will start to pick up. Brent crude was up by 42 cents, or 1.4 per cent, at $29.88 a barrel by...
by pallanus | May 8, 2020 | Business News
France’s Safran, the world’s third-largest aerospace supplier, said on Thursday it had laid off 3,000 employees in Mexico as the aerospace industry faces an unprecedented crisis stemming from the coronavirus pandemic. Safran’s two plants in Queretaro, an industrial...
