About Author
Pankaj Singh
Endowed with a post graduate degree in management and finance, Pankaj Singh has been a part of the online content domain for quite a while. Having worked previously as a U.K. insurance underwriter for two years, he now writes articles for fractovia.org and other online portals. He can be contacted at- [email protected] | https://twitter.com/PankajSingh2605
Contribution by Pankaj Singh
Chinese tech giant Tencent to open its new regional hub in Singapore
Tencent Holdings, the renowned Chinese technology conglomerate, has reportedly announced that it has selected Singapore as its new regional hub as well as beachhead for the Asian market. Through this, the company has joined its rivals, ByteDance Ltd., and Alibaba Group Holding Ltd., as they look to ... Read More
$100 Mn Raised to Help Melbourne Recover from the COVID-19 Pandemic
Daniel Andrews, Premier of Victoria announced that the City of Melbourne and the state government will jointly raise a $100 million city recovery fund to help the arts and cultural communities and small and medium-sized businesses recover from the COVID-19 pandemic effect. This summer, the restau... Read More
Pfizer plans to distribute COVID-19 vaccine in the U.S. by late 2020
The race to develop a safe and effective coronavirus vaccine has urged numerous pharmaceutical companies in the U.S. to up their research efforts. Recently, Albert Bourla, CEO of U.S. pharma giant, Pfizer, said that their company’s coronavirus vaccine, if found to be safe, could be distributed... Read More
Slack Shares Fall By 20% - Firm Announces Fiscal 2nd Quarter Results
Slack shares plunged by approximately 20% in the extended trading on Tuesday after the firm reported the results for the fiscal second-quarter and full-year guidance that surpassed analysts’ expectations. Though the communication software company beat on full-year guidance, the quarter’s... Read More
Woolworths reshuffles its senior management team, introduces new roles
Woolworths has reportedly announced that it has shuffled its senior management team, rolling out numerous new roles that play a crucial role in highlighting the escalating significance of the company’s non-supermarket businesses. The retailer has transferred Natalie Davis, its present Head ... Read More
Bank of England: UK households to face £33 billion annual economic hit
Bank of England has reportedly stated that United Kingdom will face an £33 billion hit to the economy annually post COVID-19 outbreak. Changes in people’s lifestyle due to the pandemic has resulted in structural shifts in the economy which can have a long term impact on the employment... Read More
UNICEF announces leading procurement & supply of COVID-19 vaccines
In midst of the burgeoning COVID-19 cases globally and increasing demand for vaccines by various central governments, the good news that is currently doing rounds is UNICEF’s decision of leading the procurement and supply process of coronavirus vaccines all across the globe. Ever since the ... Read More
United Airlines waives off ticket-change fees for domestic flights
Reportedly, United Airlines announced to permanently waive off the fees required to change domestic flights. The pandemic has caused negative impact on air travel, hence such big bet by the company on making flexible policy is likely to attract customers looking for affordable travel options. ... Read More
Biotech company Brii on the verge of considering Hong Kong IPO
Brii Biosciences, a biotechnology establishment focusing on treatment for HIV, COVID-19, and the like, is reportedly considering an IPO in Hong Kong somewhere around Q1 2021. The company has been working to liaison with investment banks on the potential initial public offering, through which the fir... Read More
Delta plans to furlough nearly 2,000 pilots by the end of October
U.S.-based airline, Delta Air Lines, Inc., has recently announced that it intends to furlough 1,941 pilots by the end of October. The decision comes amidst the COVID-19 crisis where the company as well as the entire industry is struggling to keep up with mounting financial losses. With the CARES ... Read More