Private, online and hi-tech: the coronavirus economy

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Private, online and hi-tech: the coronavirus economy
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We look at how firms enabling more private, online and tech-based living are emerging as potential winners amid coronavirus pandemic

Mannequins wearing protective masks are pictured during a curfew imposed to prevent the spread of coronavirus disease in Belgrade, Serbia, March 22, 2020.

"I think certain aspects of work and organising will change for good through the current situation," said Sally Maitlis, a professor of organisational behaviour at Oxford University's Said Business School. Shares in US retail giants Walmart and Amazon both tumbled as markets crashed around the world on March 16. Amazon also recovered.

"These are already very difficult times for all small businesses right across the country. There are huge concerns over supply chains while on top of this footfall continues to drop. The prospect for these businesses over the coming weeks is increasingly bleak."Demand for movies to watch at home has soared so much that Netflix and YouTube are reducing the quality of their streaming in Europe -- which has become the epicentre of the virus -- to ease pressure on the internet.

US-based Paramount Business Jets has seen inquiries go "through the roof", its chief executive Richard Zaher said.As many gyms close their doors, fitness-lovers are turning to online classes and home workouts.

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