More than the half of the American companies plan to reduce their office space because of the remote work will become a common option even after the end of the COVID-19 pandemic. This was reported by the Bloomberg, citing to the study by Cisco Systems. Agency interviewed 1,569 business leaders, employees of companies responsible for the organization of labor, as well as employees of the intellectual labor.
53% of the companies surveyed intend to reduce office space, and about 75% of companies will introduce more flexible work schedule. 90% of employees surveyed said they did not plan to return to the full-time employment in the office. 12% plan to work from home all the time, 24% – to work remotely on average more than 15 days a month, and 22% – work remotely for 8-15 days a month. Therefore, the results of the study, according to the authors, suggest that companies view remote work from home as a “new reality” even after the pandemic.
The American oil and gas giant Exxon Mobil had one of the worst years in its history. Exxon shares have fallen by 45.36% since the beginning of 2020. The company has lost money for three quarters in a row, and in August they were excluded from the benchmark index of “blue chips” Dow Jones Industrial […]
Johnson & Johnson plans to complete the third phase of trials of its single-dose vaccine against COVID-19 in mid-January 2021. Paul Stoffels, vice chairman of the executive committee, senior scientific expert at Johnson & Johnson said they plan to deliver to market 1 billion doses. “We are in the middle of the third phase of […]
The American company Pfizer and the German BioNTech have applied to the European Medicines Agency for registration of their coronavirus vaccine. The announcement was published on the BioNTech website. “On Monday, November 30, Pfizer and BioNTech filed a formal application with the European Medicines Agency for a conditional authorization to use their COVID-19 candidate vaccine […]
The National Bank did not go out this week with interventions on the interbank market, according to the press service of the regulator on Friday, November 27. The Central Bank has been refusing to buy or sell currency for three weeks in a row. At the same time, since the beginning of the year, the […]
Last week, from November 16 to 22, more than 4 million people in the world became infected with the new type of coronavirus, which is a record number since the beginning of the pandemic. This was announced on Tuesday, November 24, the press service of the World Health Organization. According to the WHO, in these […]
With the appearance of an effective vaccine against coronavirus and the subsequent recovery of the world economy, the US dollar may fall by 20%. This was reported by the Financial Times. It is noted that banks, which already had negative forecasts for the dollar next year, deteriorated expectations against the background of the emergence of […]
If coronavirus vaccines become widely available and help restore international trade and economic growth, the dollar is likely to fall by 20% in 2021. Bloomberg reports that this forecast was made by Citigroup Bank. If the forecast comes true, it will be a record drop since 1985, when the DXY index fell by 18.5% over […]
BioNTech from Mainz and US pharmaceutical giant Pfizer have announced the successful third phase of clinical trials of the vaccine from COVID. The company said in a statement that registration is expected in November. According to the release, the third phase of clinical trials of BNT162b2 showed its effectiveness by more than 90% among trial […]
The world economy will grow faster this year than expected at the end of last year. The chief economist of the IMF Gita Gopinat announced this on Tuesday, April 6. “We now forecast a stronger recovery of the world economy in 2021 and 2022 compared to our previous forecast in January, with growth to 6% […]
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Gazprom is ready to supply 5.6 billion cubic meters of gas through the Nord Stream-2 gas pipeline by the end of this year, the company said on Thursday, August 19. It is noted that in seven months Nord Stream supplied 33.7 billion cubic meters to Europe against 32.9 billion cubic meters a year earlier. Gazprom’s […]
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Uwe Christian Eschner, the Austrian investment banker intends to take 65,749% of Investbank shares (Odessa). The National commission on securities and the stock market (NCSSM) financial institution in the system of the information disclosure provided information about it. Particularly, Eschner intends to take 45 550 625 bank shares with the nominal value of 58,3 million […]
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The world’s largest producer of alcohol, the British Diageo has initiated arbitration proceedings with the French luxury goods manufacturer LVMH Moet Hennessy – Louis Vuitton SA due to non-payment of dividends in the amount of 181 million euros in 2019. Diageo owns 34% in the joint venture with LVMH for the production of alcoholic beverages […]
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According to the State Statistics Service, as of January 1, 2017, there are 15 206 join-stock companies registered in Ukraine, 3 122 of which are the public companies. Although the Ukrainian independence celebrates its 25- year anniversary already, only recently the national business has started to review the governance system and the system of effective […]
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The subject of raiding remains urgent and at the same time very painful for Ukraine, especially for foreign investors. It isn’t accepted to speak about it openly. The victims of similar captures in rare instances make public the fact of their entities occupation. Syutkin & Partners Law Firm together with USUBC, the Ministry of Justice […]
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A New York judge has determined that an Islamic marriage contract entered into during a 1977 wedding ceremony in Egypt is not binding on the court’s consideration of the couple’s divorce now. While Westchester County Supreme Court Justice Lawrence Ecker said New York courts have recognized that the marriage contract, called a “mahr,” can be enforceable, Ecker […]
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A metallurgical complex Arcelor Mittal (Kryvyi Rih) will be forced to pay a fine of 72 million UAH. It was decided by the Dnipropetrovsk Commercial Court of Appeal to satisfy the claim against the industrial complex in the case of exceeding the level of pollutant emissions into the atmosphere. The case was opened on the […]
NextLDaily prepared the short overview of latest news in the sphere of business and finance for last week for the readers. If you missed something, it would be a good opportunity to correct it. 1. The NBU will start a new system for carrying out the currency transactions Within the last press conferences representatives of the […]
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LDaily has prepared for the readers the short overview of latest news in the sphere of business and finance for last week. If you missed something, you would have a good opportunity to correct it. 1.Trump won: the companies begin to take out assets abroad By the last calculations, Donald Trump has won in […]
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JPMorgan shares increased because of the announcement of financial results for the 2nd quarter ended on June 30. Since the beginning of the year, JPMorgan shares have lost almost 30% because the global COVID-19 pandemic has hit the global economy, and the US Federal Reserve has cut rates to zero greatly reducing the profitability of […]
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Deputy Head of the Office of the President Yulia Svyridenko has joined the Supervisory Board of Naftogaz of Ukraine. This is stated in the Cabinet. She is elected to the council as a representative of the state for a term not exceeding one year. As reported, the Cabinet of Ministers of Ukraine by order №494-r […]
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The outgoing 2016 was hard, and not only for business but also for the country in general. It was really difficult but not fatal: a new tax policy, the integration into the European market, difficulties of investment and many other things. There are key factors which have affected the development of a business industry much […]
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EpiCentre K has bought the Alta Center TC . The object has been pledged to the one of the commercial banks and sold to repay the debt to the financial institution. There are no any official comments from EpiCentre K for this moment. The complex is owned by VK Development – a developer unit of […]
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Shares of Nikola fell to 36.45% over the last week. Energy giant BP’s announcement on Wednesday that it is abandoning a potential partnership with Nikola, which exacerbated a number of problems faced by the startup in the recent days. Nikola planned to organize the production of its cars in partnership with other large manufacturers and […]
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The financial results of the quarter, which covers the period from April to June, were most affected by the COVID-19 pandemic, especially in the tourism industry. Many countries have closed their borders, travel conditions have become more difficult, and most travelers have canceled their traditional trips during the hottest tourist season due to concerns about […]
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