Coronavirus – Page 36

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No Evidence Of COVID -19 Problem At JB Hi Fi, As Best Buy Lays Off 50,000

David Richards April 16, 2020 No Comments

Best Buy the biggest CE and appliance Company in the world whose sales have fallen over 5% in stores but are surging by up to 250% online has moved to…

Australian Consumer Confidence Continues To Bounce Back

Elise Reid April 15, 2020 No Comments

The ANZ-Roy Morgan Consumer Confidence has lifted for the second week in a row, rising by 8.8% to 78.2. This comes on top of last week’s gain of 10%. The…

Apple Releases Mobility Data During COVID-19

Elise Reid April 15, 2020 No Comments

Apple has publicly released the mobility data gathered from Apple Maps in an attempt to provide useful information to local governments and health authorities as they work to contain the…

Afterpay Tightens Spending Limits, But Profits Continue To Climb

Elise Reid April 15, 2020 No Comments

Despite the COVID-19 pandemic really kicking in across all Afterpay’s markets in March 2020, its average daily global sales were still up roughly 12% on January and February figures. While…

Virus Set To KO Kayo? Murdoch Preps For Likely Covid-19 Hit

Computer Daily News April 15, 2020 No Comments

SYDNEY/NEW YORK: It would appear no company is immune to COVID-19, with media giants also in the firing line including Rupert Murdoch’s News Corporation, which has tipped the virus will…

Major CE Retail Chain Stops Paying Rent, Federal Government Not Happy

David Richards April 15, 2020 No Comments

Europe’s largest consumer electronic retail chain has stopped paying rent as the Company struggles to handle the impact of the economic fallout from COVID-19, the move has upset the German…

Despite Mobile Data Surging, 5G Uptake Revised Down 50%

Elise Reid April 15, 2020 No Comments

Since the COVID-19 lockdown has been under way, mobile data usage has surged, with technology analyst firm Telsyte estimating it could grow by more than 30% over 2020, against growth…

Oz In Lockdown: Time Spent On Cooking Websites Up 71%

Elise Reid April 14, 2020 No Comments

According to Nielsen’s data, Australians collectively spent 63,555 hours on food and cooking websites on the 29th March, an increase of 71% compared to the 1st March. On the 22nd March…

NAB Business Survey: ‘Business Outlook Weakest Ever’

Elise Reid April 14, 2020 No Comments

The results are in from the National Australia Bank’s (NAB) March 2020 business survey, and as could be expected, the COVID-19 pandemic has created unprecedented challenges for Australia’s businesses. The…

Is Danish Sound Company Bang & Olufsen Set To Go Belly Up?

David Richards April 14, 2020 No Comments

Questions are now being asked as to whether struggling Danish audio Company Bang & Olufsen will survive as their shares keep tumbling sales collapse and the business struggles to get…