Some health experts around the world have been warning about a new wave of the coronavirus pandemic but another group is reluctant to label the rise in cases a “second wave”, arguing that it is too soon to predict how the situation will pan out. According to Euronews, the World Health Organization warned in late…
The shared mobility industry has very quickly lost both passengers and profits as a result of the coronavirus outbreak but it can make a strong comeback with the right strategies, says McKinsey & Company. “Consumers are indeed wary of shared mobility, given the risk of viral infection, and mobility-service providers (MSPs) must take decisive…
Lifting coronavirus lockdown restrictions may not by itself be sufficient to restore confidence or growth and economic recovery will start only when the pandemic is under control, according to McKinsey & Company. “The evidence heavily suggests that a multifaceted public-health response that goes well beyond a simple transient lockdown is a necessary first step to…
Some trends looked years away from the mainstream before the COVID-19 pandemic but are now suddenly seeing accelerated mass adoption. Analysis by TrendWatching—a consumer trend-watching firm—shows that the following 10 emerging consumer trends offer powerful early signals of what people will value and their priorities in a post-coronavirus world. 1- Virtual Experience Economy The…
Asia-Pacific will remain the retail industry’s growth engine in the post-corona world. Retailers need to prioritize action in several key areas if they want to gain a sustainable edge over rivals, analysts from consulting firm Bain said in a recent report. According to the report titled “The Future of Retail in Asia-Pacific: How to Thrive…
Portugal is being added to the UK’s safe travel list, meaning arrivals from the country will be exempt from quarantine while Croatia, Austria, and Trinidad and Tobago are being removed, the British transport secretary has revealed. Grant Shapps announced the change in government policy in a tweet on Thursday: “Data shows we need to remove…
Executives in North America and developing markets have become less hopeful about their countries’ economies, while Leaders in China and India are growing more upbeat, according to McKinsey & Company. A July survey of more than 2,000 global executives by the global consulting firm highlights the magnitude of the challenges triggered by the coronavirus pandemic,…
The global aviation body has urged governments across Europe to coordinate to lift border restrictions and find alternatives to COVID-19 quarantine measures in order to help save the industry from sinking into a deeper crisis. “Although the European market has seen an increase in the number of flights in recent months, supported by the reopening…
Aside from delaying personal trips and vacations, the sudden halt of global travel during the coronavirus pandemic has had a major impact on companies whose workforces used to travel frequently as well as airlines and hotels that depend heavily on revenue from corporate travel. At times of uncertainty like now, it is difficult to predict…
Last year around this time, tech enthusiasts were preparing themselves to travel to Lisbon to attend Web Summit—one of the largest annual gatherings of entrepreneurs and investors in the world. But much has changed since last year. The world has turned almost upside down by a virus that is responsible for an unprecedented pandemic with…
