Tag Archives: Demand

Gold Price Spikes As US Joblessness Data Lifts Safe-Haven Demand For Yellow Metal

Coronavirus Crisis: Gold Price Spikes As US Joblessness Data Lifts Safe-Haven Demand

Spot gold gained 1.3% to $1,610.68 per ounce Gold prices jumped over 1 per cent on Thursday, as record high US jobless claims for a second week in a row intensified fears of economic damage due to the coronavirus and drove investors towards the safe-haven metal. Spot gold gained 1.3 …

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Crude Oil Futures Drop As Coronavirus Pandemic Darkens Demand Outlook

Brent Crude Slumps To 4-Year Low As Coronavirus, Price War Spook Oil Markets

Brent futures were down 6.7 per cent or $1.68, to $23.25 a barrel as of 0249 GMT Melbourne / Tokyo: Crude oil benchmarks fell sharply on Monday, with Brent hitting its lowest since November 2002, as the global coronavirus pandemic worsened and the Saudi Arabia-Russia price war showed no signs …

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SpiceJet Expects A Surge In Demand As The Coronavirus Is Contained

SpiceJet Expects A Surge In Demand As The Virus Is Contained

The global airline industry has never had it so bad. Not even after the 9/11 terrorist attacks.Airlines could lose a quarter of a trillion dollars in revenue this year, according to the International Air Transport Association, as travel comes to a standstill with countries locked down to fight the coronavirus. …

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Global Oil Refiners To Deepen Output Cuts As Coronavirus Destroys Demand

Brent Crude Slumps To 4-Year Low As Coronavirus, Price War Spook Oil Markets

Oil refiners from Texas to Thailand are bracing for deeper output cuts, bruised by an unprecedented demand shock as more countries lock down and restrict travel to contain the spread of the coronavirus. In Asia, home to over a third of the global refining capacity, India’s top refiner has slashed …

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Live sports have shut down. When they come back, we must demand better | Musa Okwonga | Opinion

Sport is gone, at least for the time being. The arrival of the coronavirus pandemic has taken it from our screens, courts and stadiums – the postponement of the Tokyo Olympics until 2021 is the inevitable final part of a wave obliterating elite sport and beyond. The evenings, afternoons and …

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Online Tutors Boosting Incomes as Demand Surges Due to Coronavirus Lockdowns

Online Tutors Boosting Incomes as Demand Surges Due to Coronavirus Lockdowns

Filipino teacher Raven Kate De Leon is in demand, spending up to 10 hours a day at her home computer surrounded by mini cars and stuffed toys that she uses as props to inject fun into her English classes for students far away in China. Since the coronavirus took a …

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Facebook, Instagram Reduce Video Quality in India as Coronavirus Lockdown Brings Heavy Demand

Facebook, Instagram Reduce Video Quality in India as Coronavirus Lockdown Brings Heavy Demand

Netflix, Amazon, and YouTube recently lowered the quality of streaming video content on their respective platforms to tackle network congestion caused by a surge in the number of users owing to coronavirus-led lockdown. Facebook has also done something similar and has lowered the bitrate of content that can be streamed …

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Coronavirus Outbreak: ‘Work From Home’ Triggers Demand Jump for Chips, Laptops, Network Goods

Coronavirus Outbreak:

With more employees working from home to help slow the spread of the coronavirus, demand is surging for laptops and network peripherals as well as components along the supply chain such as chips, as companies rush to build virtual offices. Many firms have withdrawn earnings forecasts, anticipating a drop in …

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Amazon Raises Overtime Pay for Warehouse Workers in the US as Demand Rises Due to Coronavirus

Amazon Raises Overtime Pay for Warehouse Workers in the US as Demand Rises Due to Coronavirus

Amazon.com said on Saturday it is raising overtime pay for associates working in its US warehouses as the world’s largest online retailer tries to meet the rapidly growing demand for online shopping from consumers stuck at home during the coronavirus outbreak. Chief Executive Officer Jeff Bezos, the world’s richest person, …

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Coronavirus: Amazon, Flipkart in War Mode as Demand Swells in India

Coronavirus: Amazon, Flipkart in War Mode as Demand Swells in India

With malls, shops, commercial establishments and retail stores being shut amid growing new coronavirus scare in India, leading e-retailers like Amazon and Flipkart have announced drastic measures to keep the orders moving albeit slowly as panic buying continues. According to Amazon, as COVID-19 has spread, it has seen an increase …

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