Business

France and the Netherlands have joined forces to urge the EU to enforce environmental and labour standards

France and the Netherlands have joined forces to urge the European Union to enforce environmental and labour standards more forcefully with countries the bloc signs trade deals with, according to a document seen by Reuters. The initiative comes as the EU tries to negotiate a new trade deal with Britain, which formally left the bloc […]

Business

Australia: ASX gains, After Prime Minister disclosed a roadmap to reopen the country for business.

The benchmark S&P/ASX200 index finished Friday up 26.9 points, or 0.5 per cent higher, at 5,391.1 points, while the All Ordinaries index closed up 38.1 points, or 0.7 per cent, at 5,488. “Not a bad performance,” said CommSec market analyst Steven Daghlian, who noted for the week the market finished up 145.2 points, or 2.77 […]

Business

Target to Buy Its Deliv’s Tech

The deal is financially immaterial to Target and the technology won’t be immediately deployed by the retailer, according to a person familiar with the situation. The retailer expects to use the Deliv technology in its research and development regarding how to most efficiently make deliveries in urban areas, the person said. Target saw an opportunity […]

Business

Australia: Operating a Business During COVID-19

companies have adopted various approaches in complying with their obligations concerning AGMs while adhering to applicable social distancing requirements. As a general rule, companies have opted to use technology to hold meetings rather than hold face-to-face meetings. Different approaches have also been adopted with respect to voting and questions from members. For example, certain companies […]

Business

Will Germany coronavirus response attract foreign investment?

Germany and a handful of countries have been praised for their handling of the pandemic. Their impressive responses could grab the attention of investors looking to make “pandemic-proof” investments in the future. Germany has been making international headlines for the way it has dealt with the COVID-19 outbreak, managing to keep the death toll relatively low […]

Business

Bank of England warns of sharpest recession

The Bank of England has warned that the UK economy is heading towards its sharpest recession on record. The coronavirus impact would see the economy shrink 14% this year, based on the lockdown being relaxed in June. Scenarios drawn up by the Bank to illustrate the economic impact said Covid-19 was “dramatically reducing jobs and […]

Bogo Journal Business
Business

China Drops GDP Target for 2020

The world’s second-largest economy is on track for its worst performance in the post-Mao era, as the impact of shutdowns to curb the disease outbreak at home is compounded by a slump in global demand as the pandemic spreads. That has left the leadership with the choice of setting an uncomfortably low growth target, an […]