https://padlet.com/t0287271/BusinessvsCoronavirus A brief look at how did the global business fight the crisis caused by the spread of the COVID-19 pandemic by Mohammed Al-Ashwal (T0287271) en-us 2021-01-08 23:53:47 UTC 2024-07-08 23:54:37 UTC hello@padlet.com https://padlet.net/icons/png/1f1fe-1f1ea.png t0287271 https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1072246748 HAVE A QUICK LOOK AT FIGURES & CHARTS!
As cases of COVID-19 grow, the worlds' stock market kept on falling. FTSE (UK), Dow Jones (USA) and Nikkei (Japan), the world's biggest stock trading markets, showed a huge decline in their stocks in March 2020 but started recovering after a while.

Reference:
  Lora Jones, Daniele Palumbo & David Brown. BBC News (29 June 2020). Coronavirus: A visual guide to the economic impact. https://www.bbc.co.uk/news/business-51706225]]> 2021-01-10 22:51:35 UTC https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1072246748 t0287271 https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1072248478 2021-01-10 22:53:39 UTC https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1072248478 t0287271 https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1072265494 Millions of workers across the world have put into governmental benefits due to lockdowns and restrictions preventing them from working (BBC).]]> 2021-01-10 23:12:41 UTC https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1072265494 t0287271 https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1072278280 One of the most affected industries due to the pandemic is the aviation industry.]]> 2021-01-10 23:27:29 UTC https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1072278280 t0287271 https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1072286620 The Brent Crude oil, which is used by Europe and most pf the world, reached its lowest price since 18 years falling down to under 20$ (BBC)]]> 2021-01-10 23:35:46 UTC https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1072286620 t0287271 https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1072295684 Not everyone was affected by the pandemic. In fact, some businesses benefited out of the crisis and gained tripled profits and huge growth. For instance, the pharmaceuticals industry stocks grew significantly after the pandemic, especially after a lot of healthcare companies began researching for a vaccine.

Reference:
GlobalData Healthcare (23 April 2020), pharmaceutical-technology, 

The impact of big pharma on Covid-19, https://www.pharmaceutical-technology.com/comment/covid-19-pharmaceutical-companies-impact/

]]> 2021-01-10 23:46:43 UTC https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1072295684 t0287271 https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1072455958 Loads of aeroplanes have remained parked in airports across the world due to closure of airports and cancellation of flights.
Retrieved from: The Guardian https://www.theguardian.com/world/2020/sep/29/inside-the-airline-industry-meltdown-coronavirus-pandemic]]> 2021-01-11 01:39:30 UTC https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1072455958 t0287271 https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1072482191 This article discusses the huge damage on the aviation industry even though it's a small contributor to the overall GDP (Gross domestic product)
http://www.oecd.org/coronavirus/policy-responses/covid-19-and-the-aviation-industry-impact-and-policy-responses-26d521c1/
Source: FlightRadar24 Statistics, flightradar24.com]]> 2021-01-11 01:56:28 UTC https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1072482191 t0287271 https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1072496293 2021-01-11 02:06:01 UTC https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1072496293 t0287271 https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1074294362 Investors from all over the world knew that medical healthcare companies will gain huge growth during the extreme need for a vaccine as well as other medical appliances, such as masks and sanitisers, so many millions and billions were invested in such companies.
Reference: 
Lucy Hooker & Daniele Palumbo (18 December 2020), BBC Business. https://www.bbc.co.uk/news/business-55170756]]> 2021-01-11 14:51:18 UTC https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1074294362 t0287271 https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1074700098 Even though the MSCI, an American finance company, world index of the global stock market fell down dramatically in March 2020 and remained low afterwhile, the MSCI World Healthcare Index showed a fast rise in their stock market after they fell.
Reference:
Andy Arcker (June 2020), Janus Henderson. 

Investing in health care post-COVID-19. https://www.janushenderson.com/en-us/advisor/article/investing-in-health-care-post-covid-19/

]]> 2021-01-11 16:03:30 UTC https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1074700098 t0287271 https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1076614628 2021-01-12 00:21:54 UTC https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1076614628 t0287271 https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1081117417 This article discusses how has the fast rise of unemployed workers at the beginning of the pandemic due to restrictions and national lockdowns led to bad mental health issues because of anxiety, stress and depression. As can be seen in the chart below how has the unemployment claims rate suddenly grow up to over 2.5 million claims in late March 2020 and continued to go over 6 million claims in first of April 2020 in the USA.
Reference:
Bandyopadhyay, Samir; DUTTA, SHAWNI (Jun 19, 2020),  MDPI AG. Associating Unemployment with Panic Attack Using Stacked-RNN Model During COVID-19. Switzerland, Basel:  DOI:10.20944/preprints202006.0242.v1. https://ntu-primo.hosted.exlibrisgroup.com/primo-explore/fulldisplay?docid=TN_proquest2414908964&context=PC&vid=NTU_VU9&lang=en_US&search_scope=CSCOP_NTU_PCI&adaptor=primo_central_multiple_fe&tab=all&query=any,contains,unemployment%20rate%20in%20corona&facet=topic,include,Covid-19&offset=0]]> 2021-01-13 00:12:52 UTC https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1081117417 t0287271 https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1086323727 1-What industry was effected the most?
2-What was the industry that took advantage of the crisis?
3-What country had the biggest unemployment rate?
4-How much did the unemployment claims rise to in April in The USA?
5-By how much did the daily number of flights fall to?
6-What is the main stocks market of the USA?
7-Why huge investments were made to a specific industry?]]> 2021-01-14 09:10:04 UTC https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1086323727 t0287271 https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1086455512 2021-01-14 09:54:30 UTC https://padlet.com/t0287271/BusinessvsCoronavirus/wish/1086455512