Cataclysmic comet impacts

According to a report by Korn Ferry, around 54 per cent of respondents expected a coronavirus puts a moderate-to-serious impact on the annual revenue of businesses and feels that it is declining by over 15 per cent due to coronavirus pandemic.The study was conducted to analyze the impact of coronavirus on businesses and HR practices. During the study, it is found that most of the respondents said that rewards and benefits would be affected because of covid-19.As per the report, about 27 per cent of respondents believe coronavirus put small impact, i.e., around 5-15 per cent, another 32 per cent feels moderate, i.e., 15-30 per cent and 22 per cent of respondents expect a serious effect which means over 30 per cent.It is found in the survey that only four per cent of respondents foresee an over 10 per cent rise in revenue in their organization.There are some sectors that are worst affected due to coronavirus pandemics such as transportation, retail, hospitality, manufacturing, and … [Read more...] about Coronavirus Impact on organisations: Study

New Delhi: IMO 2020 will have $1 trillion impact on global economy over five years, according to Platts, the provider of global energy and commodities price benchmarks. In an exclusive interview with ETEnergyworld, Calvin Lee, Editorial Editor, Asia and Middle East at S&P Global Platts talks about volatility in global crude oil prices, supply-demand dynamics in the oil sector, depressed gasoline cracks in Asia and the alternatives for crude oil importing countries post sanctions on Iran and Venezuela. Edited Excerpts..What were the chief reasons for the historic plunge in crude oil prices last month?What the global industry and the oil markets are looking at right now is the overall demand picture. Ongoing US-China trade tensions and other geo-political factors are pointing towards how China’s oil demand growth is going to ease this year, which will again have an impact on other secondary economies which depend on China for its global trade. This may dent the global demand … [Read more...] about IMO 2020 will have $1 trillion impact on global economy over five years: Calvin Lee, Platts

The Union environment ministry received 1.7 million comments, suggestions, and objections to the draft Environment Impact Assessment (EIA) notification of 2020 till August 1. While the Centre claimed that the new EIA draft reinforces transparency, environmental experts, politicians, and civil society have argued that it neglects the balance between development and environment protection. … [Read more...] about EIA: Citizens engage with environment policy | HT Editorial

"Our country has been impacted over the last two to three years, especially the collapse of saddle dam D at the Xe-Pian Xe-Namnoy hydroelectric power project, floods in central, southern and northern provinces as well as animal diseases, pests and the COVID-19 pandemic," she noted. … [Read more...] about Laos to mainstream disaster risk reduction into development plan

The 2020 Annual Business Survey Report on Chinese Enterprises in the United States, conducted in partnership with global auditing and consultancy firm PwC, found that more than half of Chinese companies operating in the United States have been adversely affected by the escalating anti-China rhetoric in recent months, with 36 percent noticing identifiable financial losses. … [Read more...] about Against the odds, Chinese companies still committed to U.S. market: survey