Global business impact of corona international business
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The impact of the coronavirus on the world's market is very high. Industries have been forced to shut down which cause the shares of companies to slide down. The car industry was already in downfall and when the coronavirus came, it is spiking downwards. All companies are resorting to producing masks and test kits for medical uses through which companies are able to thrive during this complicated situation. In IT companies many people are being fired from there jobs and are now jobless. As there is a lockdown enforced, these people cannot pay any bills or maintenance for their houses as they now have no source of income.
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