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Brookfield Is Sitting on $60 Billion to Help Weather Pandemic

2020-05-14 16:30:00| National Real Estate Investor

Brookfield Asset Management has more than $60 billion in cash to help it survive the pandemic.

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Canadas 5G stalls in face of pandemic

2020-05-14 02:00:00| Total Telecom industry news

2020 was supposed to be the year of 5G for Canada, but the coronavirus pandemic has thrown a significant spanner in the works. Bell Canada has announced that its initial 5G network is ready to be switched on, but have deemed the ongoing pandemic as the wrong time to do so…read more on TotalTele.com »

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Tencent lifts revenues in Q1 but profit growth slows amid pandemic

2020-05-13 14:45:00| Telecompaper Headlines

(Telecompaper) Tencent reported higher revenues for the first quarter, but also a slower profit growth as it faced headwinds caused by the coronavirus pandemic. The company said it allocated CNY 2 billion worth of donations to covid-19 relief initiatives in China and globally. Looking ahead, the company expects in-game consumption activities to normalise as people return to work. It also sees some headwinds in the online advertising industry.

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What lessons is the COVID-19 pandemic teaching telcos?

2020-05-13 02:00:00| Total Telecom industry news

With many countries beginning to ease their lockdown restrictions, telcos are beginning to see the light at the end of the tunnel when it comes to coronavirus disruption. For many of them, the coronavirus pandemic has been a huge challenge, but also a major learning opportunity, with many of the lessons surely being carried forward to the future…read more on TotalTele.com »

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Brazilian meat packer donates $120 million to combat coronavirus pandemic

2020-05-12 09:57:00| ThePigSite - Industry News

JBS SA, whose meatpacking plants in Brazil and in the United States have been hit by coronavirus outbreaks have said it was donating 700 million reais ($120 million) to initiatives aimed at combating the pandemic.

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