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Consumer Goods and Services

Coronavirus: Air France set to cut more than 7,500 jobs

2020-07-03 22:39:18| BBC News | Business | UK Edition

Air France-KLM plans thousands of job cuts at its French arm as the air industry reels from the pandemic.

Category: Consumer Goods and Services

Retail\'s Worst Year... Ever?

2020-07-03 21:13:43| Happi Breaking News

Expect store closures through 2025, says UBS.

Category: Consumer Goods and Services

Coronavirus: Englands quarantine-free list of countries published

2020-07-03 17:48:07| BBC News | Business | UK Edition

Greece, Belgium and Spain are among the countries on the list but Portugal and the US are not.

Category: Consumer Goods and Services

Information Technology

HP's Exemplary Reaction to COVID-19

2020-07-02 13:00:00| TechNewsWorld

Some of the troubling reports of corporate responses to COVID-19 include forced work in unsafe areas, not enough -- or any -- protection gear, massive layoffs and furloughs, and the sense that a critical mass of well-paid CEOs and politicians don't get that many people live paycheck to paycheck. There are exceptions though, and HP stands out, thanks to HR VP Tracy Keogh and CEO Enrique Lores.

Category: Information Technology

Austrumi Linux Is Loaded With Language Laziness

2020-07-02 13:00:00| TechNewsWorld

Austrumi Linux is an unusual distribution. With a little more polish, it could be a good tool for running the Linux operating system on any computer you touch without changing anything on the hard drive. There lies the reason for my disappointment. That hope for polish is still missing.

Category: Information Technology

Cybersecurity and Your New Remote Workforce

2020-06-30 13:00:00| TechNewsWorld

For most organizations, COVID-19 has been a literal transformative agent. Our organizations have almost overnight gone from environments where teleworking was an exception, to where it's the norm. As any student of human nature will tell you, people tend to view "the new" with reservation. There's a temptation when things are new to assume the worst about them. For security pros, this means we often view new things as riskier than things we're familiar with.

Tags: remote workforce cybersecurity

Category: Information Technology

Real Estate

10 Must Reads for the CRE Industry Today (July 3, 2020)

2020-07-02 19:09:00| National Real Estate Investor

The latest stress test results from the Federal Reserve Board show that Americas biggest banks are facing up to $47.6 billion in losses from loans tied to commercial real estate, reported CoStar. The Real Estate Roundtables second quarter sentiment index registered a score of 38down 14 points from the first quarter. These are among todays must reads from around the commercial real estate industry.

Tags: today july industry reads

Category: Real Estate

Andrew Cuomos Penn Station Plan Would Fund Fixes With Office Complex

2020-07-02 17:42:00| National Real Estate Investor

The project, dubbed the Empire Station Complex, could take 16 years to complete.

Tags: office plan complex station

Category: Real Estate

12 Must Reads for the CRE Industry Today (July 2, 2020)

2020-07-01 21:40:00| National Real Estate Investor

The Counselors of Real Estate identified the top ten issues affecting the real estate industry. Thousands of hotels face foreclosure due to the coronavirus pandemic, reports the Houston Chronicle. These are among todays must reads from around the commercial real estate industry.

Tags: today july industry reads

Category: Real Estate


OneWeb confirms UK govt, Bharti consortium as winning bidders in sale process

2020-07-03 14:08:00| Telecompaper Headlines

(Telecompaper) Satellite communications company OneWeb has confirmed a consortium of the UK Government and Bharti Global as the winning bidders in the court-supervised sale process. The deal is expected to completed by Q4 2020, pending approval from OneWeb creditors, the Bankruptcy Court and applicable regulators.

Category: Telecommunications

Masmovil confirms FY20 and FY21 guidance, bidders secure EUR 2 bln loan

2020-07-03 12:14:00| Telecompaper Headlines

(Telecompaper) Spanish telecommunications provider Masmovil, the country's fourth largest network operator, has reiterated its full-year guidance for 2020 and 2021, taking into account the impact of the coronavirus epidemic on its business. In a filing with securities market regulator CNMV, the operator said it expected to achieve an adjusted EBITDA of EUR 570-600 million this year, with a margin of 30-32 percent, rising to EUR 670-700 million, with a margin of 32-34 percent in 2021.

Category: Telecommunications

Nigerian government expects digital broadcasting switch to yield USD 1.1 billion

2020-07-03 09:52:00| Telecompaper Headlines

(Telecompaper) Information minister Lai Mohammed says the Digital Switchover (DSO) will fetch Nigeria USD 1.1 billion from the collection of TV licences and digital access fees, Premium Times reported. Mohammed said the spectrum vacated once the analogue to digital migration has been completed "will fetch USD 1 billion on its own." 

Category: Telecommunications