Petrochemical industry leaders and financial investors need to update their strategic agendas and focus on recovery scenarios, regionalized supply chains, and capital productivity. That is, if they want to minimize the negative impact of the coronavirus pandemic on the industry, according to McKinsey & Company. In a recent analysis, the global consulting firm wrote that slowing…
The tidal wave of travel cancellations that came along with the coronavirus pandemic upended usual accommodation patterns and put heavy pressure on occupancy levels across the world. Portugal was no exception, with its always-bustling capital now much quieter than usual and a large number of its hotel rooms and vacation rentals remaining dormant. Exclusive…
The big digital shift in the B2B sector in response to the coronavirus pandemic is here to stay and the ability to gain a competitive advantage will prove to be more vital than ever, according to McKinsey & Company. “More than three quarters of buyers and sellers say they now prefer digital self-serve and remote…
Technology has played a critical role in helping us adapt to the maelstrom of disruption caused by the coronavirus pandemic and the new realities of daily life. Amongst all technological innovations, automation has proved to be a major optimization lever reshaping industries across the globe. The trust of businesses in the power of automation is…
As many as two million women across the United States are considering taking a leave of absence or leaving the workforce altogether due to the challenges created by the coronavirus pandemic, McKinsey & Company says. The exodus means the corporate world will end up with far fewer women in leadership roles and far fewer women…
The coronavirus pandemic hit the global office real estate market hard but it is expected to fully recover in the next decade despite the accelerating remote work trend, says a new study. “The structural impacts of work-from-home trends will be offset by factors such as economic growth, population growth, and office-using penetration, which means demand…
Only 50% of employees believe office spaces are safe and even fewer trust their CEOs and senior managers to ensure their workers are protected from getting or spreading the virus, according to a recent survey. “In most countries, only a quarter or more will go back to the office before Christmas,” public relations firm Edelman…
The impact of the coronavirus pandemic on the global property market is well reflected in the grim statistics that are being released daily. The real estate sector in Portugal, like in many other countries, took a huge hit when the novel virus began to set the world ablaze with fear and uncertainty. With tourism at…
Amid all the gloomy news about job losses triggered by the coronavirus pandemic from around the world, it is easy to lose sight of the fact that there are companies who are still hunting for new blood. The 5th edition of the largest virtual job fair in Portugal will bring some of these firms together…
Cybersecurity threats have always been a concern for governments, businesses, and individuals, but COVID-19 and the current state of fear and vulnerability have allowed cybercriminals to put a new twist on attacks that already exist. The rise in online shopping as a result of lockdowns has also exposed customers to greater cybersecurity risks. Meanwhile, remote…
