#CoronavirusNewsDesk – (EMPLOYMENT) Upmarket British department store chain Selfridges said it needed to cut 450 jobs or 14% of its workforce, the latest UK retailer to be hit by the #COVID19 #pandemic which has batt ered sales and shut shops on the country’s high streets.

Reuters reports ………”Selfridges, whose flagship London store is housed in a historic building on Oxford Street that opened in 1909, said in a letter to staff on Tuesday that the recovery from #COVID19 would be slow and it needed to make fundamental changes.”

Published: Aug.18: 2020: https://t.co/eeL2OQclyV

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#AceDailyNews – The Trump administration on Monday expanded its curbs on Huawei and banned suppliers from selling chips made using U.S. technology to the firm without a special licence – closing potential loopholes in its May sanctions that could have let Huawei access the tech via third parties

“SHANGHAI/SEOUL (Reuters) – Ramped-up U.S. restrictions on Huawei are likely to choke the Chinese company’s access to even off-the-shelf chips, threaten its crown as the world’s largest smartphone maker and disrupt global tech supply, executives and experts warned.”

Published: Aug.18: 2020: https://t.co/5FtaKv6zwY

Editor says #AceNewsDesk reports by https://t.me/acenewsdaily and all our posts, also links can be found at here for Twitter and Live Feeds https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com