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Tag: covid-19

Economy and Finance

Zoom benefits twofold as incomes soar

Well known videoconferencing application Zoom has seen its incomes soar as second quarter benefits dramatically increased due to the Covid emergency. Incomes jumped 355% to $663.5m (£496.3m) for the three months finishing 31 July, beating experts' desires for $500.5m. Benefits took off to $186m, while client development rose 458%, contrasted and a similar period in 2019. Video conferencing applications stay vital because of the expansion in distant working. Zoom's offers hit a record high on Monday, shutting at $325.10, as the firm raised its yearly income figure by over 30% to the scope of $2.37bn-$2.39bn, from its past projection of $1.78bn-$1.80bn. Key to Zoom's prosperity was its capacity to include paying clients - high-financial plan corporate customers - rather than the indiv...
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Australia Successfully Handles Corona, Lowest Covid-19 Cases Over 3 Weeks

Police and army officers patrol a popular running track in Melbourne, Tuesday (4/8/2020). The state of Victoria in Australia, in particular the capital city of Melbourne, announced a state of emergency for the COVID-19 disaster on Sunday (2/8) local time. (William WEST / AFP) Australian authorities reported that the number of new Corona COVID-19 infections at the epicenter of the country's outbreak had decreased on Thursday (13/8). This also raises hopes of a second wave of viruses under control. 278 new daily infections were recorded in Victoria State, which was down from 410 the day before and was the lowest daily increase in cases in more than three weeks. HomeGlobalInternationalAustralia Successfully Handles Corona, Lowest Covid-19 Cases Over 3 WeeksNatasha Khairunisa AmaniNa...
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Amid the Covid-19 Pandemic, the World Automotive Industry Begins to Rise

Workers completed manufacturing an electric car at the Volkswagen Zwickau factory, Germany, some time ago. Photo / Reuters A glimmer of hope in the automotive world has begun to emerge in the midst of the corona pandemic (Covid-19). The German automotive giant, Volkswagen, restarted operating its largest factory on Monday (4/27/2020) as part of a large-scale industry that is reactivating across Europe at a time when the coronavirus pandemic is still endemic there. Amid declining infection rates, Germany has indeed relaxed lockdowns, but many companies are still implementing health protocols for their workers. Volkswagen workers were checked for temperature. Volkswagen Group, under the Skoda, Audi, Bentley, Porsche and Seat brands, is operating factories in Portugal, Spain, Russia...