Dive Brief: Google could cut its marketing budgets by as much as half in H2, along with enacting hiring freezes for full-time and contract employees, according to internal documents obtained by CNBC. An email from a global director at the tech giant said that there are “budget cuts and hiring […]
freezes
Asia’s duty-free shops battered as coronavirus freezes air travel
TOKYO — Duty-free shops are taking a beating as travel restrictions to contain the coronavirus leave airplanes grounded and airports closed, a sharp turnaround for what was a growing and lucrative industry before the pandemic. China International Travel Service, or CITS, saw a dramatic reversal of its fortunes. The largest […]