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Business World

Covid-19 pandemic has greatly impacted real estate industry worldwide

The effect of the coronavirus pandemic lockdown has greatly impacted the real estate sector across the globe. Investment volumes have seen huge drops, developers aren’t able to get permits and construction work has been delayed due to the unprecedented shutdowns. On top of this there is also a lot of uncertainty amongst companies when it […]

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World

Tokyo Olympics: 10,000 fans will be permitted to attend games at venues

Up to 10,000 fans will be permitted at Tokyo 2020 Olympic venues, despite warnings from health experts. Overseas spectators are already banned but organisers said domestic fans could attend providing crowds did not exceed 50% of a venue’s capacity. Fans will not be allowed to shout or speak loudly, and must wear face masks at […]

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Business India World

India’s startup ecosystem see some recovery after tough pandemic year

India has a huge startup ecosystem. The South Indian city of Bangalore took the lead as the startup hub of India. It ranks 26 in the global startup hub. It is dubbed as India’s Silicon Valley. The union territory of Delhi and the National Capital Regions was one of the new entrants in the global […]

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Business

Covid-19 Impact: Premature death of start-ups

The Covid-19 pandemic has caused uncertainty in the start-up ecosystem. It has disrupted operations of several, and postponed incorporation of many or killed many even before they were born. The Silicon Valley in the United States maintains the number 1 position when it comes to global start-up ecosystem hubs and funding. It has an ecosystem […]

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Business

Pandemic pushes unemployment to record high, undo’s years worth of progress on poverty

The unprecedented pandemic has left the world in chaos. Governments all over the world imposed lockdowns to curb the spread of Covid-19 infection. The aftermath of the lockdowns has resulted in massive jobs losses and business shutdowns. The coronavirus pandemic has severely impacted industries globally to a point of threatening their survival, the aviation sector, […]

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Insane

Japan masks giant statue of Buddhist goddess to pray for the end of coronavirus pandemic

Workers scaled a giant statue of a Buddhist goddess in Japan to place a custom-made mask on her face, an act meant to be a prayer for the end of the coronavirus pandemic. It took four workers three hours to carry the massive mask on ropes up the 57 metre high white statue of the Buddhist […]

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Insane World

Markets selling live animals pose greater risk than fresh meat markets, Princeton researchers find

Markets selling live wild animals pose the greatest risk to human health and biodiversity, researchers say while arguing against the blanket ban on “wet markets” around the world. After finding a link between Covid-19 and a seafood market in China’s Wuhan, many governments around the world have pushed for the closing of so-called “wet markets”. […]

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World

Saudi Arabia limits Hajj to 60,000 vaccinated residents, bans foreign pilgrims fearing Covid-19

Saudi Arabia barred foreign pilgrims for the holy pilgrimage Hajj and restricted the maximum attendance to 60,000 residents in response to the coronavirus pandemic. “Those wishing to perform the hajj must be free of chronic diseases and be vaccinated” and between the ages of 18 and 65, the ministry said in a statement on Saturday. […]

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World

Apple employees launch campaign to push back Tim Cook’s plans for office return

Apple employees have launched a campaign to push back against Tim Cook’s plans for a widespread return to the office, according to reports. It follows an all-staff memo last week in which the Apple boss said workers should be in the office at least three days a week by September. But staff are demanding more […]

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Insane

Each adult in the UK would need to buy additional 124 pints of beer to help pubs from pandemic losses

Each adult in the United Kingdom would need to order an additional 124 pints of beer by the end of 2021 in order to help the nation’s pubs make up for pandemic-related losses. This was calculated by a British company called Company Debt. The firm started by establishing food and drink industry losses in the […]

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Business

WeWork: Office sharing company reports $2.06 billion quarterly loss

Office sharing commercial real estate company WeWork has posted a $2.06 billion quarterly loss after being hit hard by Covid-19. The announcement comes as WeWork prepares for its stock market debut. The company’s first attempt to go public collapsed in 2019 over concerns about its business model and co-founder Adam Neumann’s leadership style. Since Mr […]

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Insane

UK Covid-19 strain can cause severe cases of heart disease in pets

The coronavirus variant first identified in the UK, known as B.1.1.7, has been linked to severe cases of heart disease in pets who appear to have caught the infections from their humans, veterinarians near London report. The original strain of the virus did not appear to cause serious illness in pets. But between mid-December and […]