It’s been heartening to see companies adapting to the rapidly changing business circumstances brought on by the COVID-19 pandemic, according to New Markets at Zip Co Limited Tiziana Bianco. Large swathes of workers have been working from home for the past few months as businesses try to lessen their exposure to the novel coronavirus. According to the Census, prior to the pandemic only 5 per cent of people worked remotely.
Ms Bianco told Sky News technological advances over the last 20 years has allowed businesses to adapt to rapidly changing conditions. “We have seen some inertia being smashed for the first time,” she said. “A lot of companies for many years have said ‘oh no, I can’t have a remote workforce’ or ‘oh no, it’s not going to work’ and we have really seen all companies have adapted very well to a remote workforce." That has all been enabled through technology.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New 20 minute COVID-19 test could 'revolutionise' the UK's return to business | Sky News AustraliaA coronavirus test which can give results in 20 minutes is being trialled in the UK as the country's cases continue to soar.\n\nEuronews reporter Trent Murray told Sky News he expects the trial to begin next week “with around 6,000 people taking part”.\n\n“If it’s successful then there’s real hope it can kind of revolutionise the way the UK can get back to business,” he said.\n\n“There’s talk of things like the English Premier League maybe using it to test players before they go on the pitch or hospital staff as well being able to take a test to very quickly be able to tell if they can keep working in the health system or go home and self-isolate.”\n\nImage: AP In the Uk cases are not continuing to soar, we are seeing a dramatic collapse in new infections. Two weeks ago the daily figure was 6111, we're now seeing it drop below 2500.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Commercial property market the ‘collateral damage’ of COVID-19 | Sky News AustraliaWhile the commercial property market is not at the centre of the “coronavirus recession” it still being impacted economically by the pandemic, according to Westpac’s Matt Hassan.\n\nSpeaking with Sky News, Mr Hassan said it is becoming apparent the commercial sector is becoming the “collateral damage” of the health crisis.\n\n“In many cases there are some structural shifts that may occur over the medium term,” he said.\n\n“We all know about the move to remote learning as part of the coronavirus has been massive.”\n\n“With health restrictions easing there are question marks over the longer term: we are not going back to chock full CBD’s and public transport at full capacity and offices are going to see long-term changes and medium-term changes.”\n\n\nBusiness Weekend is brought to you by Westpac. Westpac Commercial market will still remain relatively ok because of the yields it continues to give. Investors won’t be excited by the 1%plus on offer by the banks for cash, nor the volatility of the share market.
Source: SkyNewsAust - 🏆 7. / 78 Read more »