Technology

Tech services firms expect fresh business opportunities from coronavirus vaccine distribution

BENGALURU: IT services providers and business process management (BPM) firms expect new business opportunities as pharmaceutical companies and governments across the world chalk out their Covid-19 vaccine distribution plans. Infosys, Genpact, Accenture, HCL Tech, Tata Consultancy Services, and others are likely to see increased demand for data analytics-based solutions as governments and companies need to […]

Global Economy

Fauci says Christmas and New Year’s restrictions will be necessary due to holiday coronavirus wave

Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, wears a protective mask during a news conference in the White House in Washington, D.C., U.S., on Thursday, Nov. 19, 2020. Chris Kleponis | Bloomberg | Getty Images Dr. Anthony Fauci, the nation’s top infectious disease expert, said on Sunday that the U.S. […]

Global Economy

Black Friday may have undergone a ‘fundamental change’ due to the coronavirus pandemic

The coronavirus pandemic caused retailers to shift their approach to the holiday shopping season, opening the promotional window for Black Friday deals much earlier than years past. And some in the retail industry believe the adaptions may become standard practice going forward. “We’re seeing a fundamental change in the promotional calendar,” Steve Sadove, former chairman […]

Global Economy

Trump coronavirus vaccine chief says he’s had ‘no contact’ with Biden transition team

Moncef Slaoui, the former head of GlaxoSmithKlines vaccines division, listens as U.S. President Donald Trump delivers remarks about coronavirus vaccine development in the Rose Garden of the White House on May 15, 2020 in Washington, DC. Dubbed “Operation Warp Speed,” the Trump administration is announcing plans for an all-out effort to produce and distribute a […]

Technology

California business leaders release report on coronavirus recovery as task force disbands

Gavin Newsom Digital First Media | The Mercury News | Getty Images California Gov. Gavin Newsom’s seven-month-old Task Force on Business and Jobs Recovery is disbanding as the coronavirus pandemic reaches a second peak, but his co-chairs predict the state will have a strong economic turnaround once the pandemic is past. Billionaire businessman Tom Steyer, […]

Global Economy

Congress is far from sending more stimulus help as coronavirus cases surge and economic pain looms

The U.S. Capitol dome is reflected on an ambulance at sunset in Washington, November 10, 2020. Erin Scott | Reuters Congress appeared nowhere close to passing another coronavirus relief bill Tuesday as infections surge across the country and new public health restrictions threaten businesses and jobs. Lawmakers have not passed new aid in months during […]