International

International
China’s Halting Return To Work Signals US Supply Chain Headwinds
February 28, 2020

In a way, it’s a strange reminder of the 80/20 rule. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

International
Coronavirus, Olympics And What’s Next For Sporting Events Worldwide
February 28, 2020

The era of the incredibly enabled home entertainment system has had an interesting effect on the world of events. On the one hand, it is a convenient and comfortable substitute. Why pay a high price for a ticket to the big game, and sit in the nosebleed seats...

International
Coronavirus Update: US Cos See Impact, China Begins To Reopen For Business
February 28, 2020

Facebook has cancelled its annual F8 developers’ conference over concerns about the coronavirus, reports said. More specifically, the social media company cancelled the in-person component, which it would have held in San Jose, CA. There might still be video presentations on offer, though, along with...

International
Coronavirus Affects Movies, Toys, Earnings And Air Travel
February 27, 2020

The COVID-19 virus, also known as the coronavirus, is continuing to spread around the world, and it’s affecting everything from movie release dates to air travel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
US Firms In China Warn 2020 Earnings Could Miss Projections By 50 Pct
February 27, 2020

American companies in China indicate annual revenue could be off by almost 50 percent due to shortages created by the coronavirus pandemic, according to a survey by the American Chamber of Commerce (AmCham) in China on Thursday (Feb. 27). Get the Full Story Complete the...

International
5G Plans Face Setbacks Amid Coronavirus Spread
February 26, 2020

The coronavirus has already dented supply chains — notably those that serve retailers and auto manufacturers, among others. Digging a bit deeper and into the tech supply chains serving Apple, the headlines seem focused on consumer-facing firms, where end products such as cell phones may...

International
Amazon In Japan Could Face Inventory, Production Impacts From Coronavirus
February 26, 2020

The coronavirus (COVID-19), which began in China, has far-reaching impacts that extend beyond health, with a wide range of economic effects in sectors from travel food firms to Amazon marketplace sellers and the workforce in Japan. Get the Full Story Complete the form to unlock...

International
Tesco To Refocus Business After $357M China Sale
February 25, 2020

With the $357 million sale of its joint venture portion to China Resources Holdings (CRH), a state-run partner, Tesco has finished its exit from China. The U.K. grocer had created the Gain Land venture with CRH in 2014, bringing together the 131 locations of the...

International
Temasek Cuts Raises, Bonuses Amid Coronavirus Outbreak
February 25, 2020

As the Coronavirus circulates, Temasek Holdings Pte is instituting a company-wide wage freeze and requesting that senior management accept voluntary pay reductions for as long as one year. The Singapore state-owned investment firm has had wage freezes in the past – it implemented similar moves during the...