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Another 5.2 Million Americans Claim Unemployment Benefits
Another 5.2 Million Americans Claim Unemployment Benefits. The number of Americans who are reporting unemployment benefits because of the corona crisis is increasing rapidly.
Last week, another 5.2 million people who lost their…
Chinese Inflation is Falling, Depressed by the Lockdown
Inflation in China was lower in March than in February, due to weak demand caused by the lockdown against the new coronavirus.
Inflation was 4.3 percent year-on-year, from 5.2 percent in February. That is the lowest level since…
Rolls-Royce Does Not Pay A Dividend for the First Time Since 1987
Rolls-Royce throws its financial targets for this year overboard. Also, for the first time since 1987, the British builder of aircraft engines, for example, does not distribute dividends to shareholders.
Rolls-Royce is having a hard…
Steel Manufacturer Tata Steel is Postponing Plans to Reorganize its European Operations
Steel manufacturer Tata Steel is postponing plans to reorganize its European operations beyond July 1 due to the corona crisis.
The company wanted to consult with unions and works councils about the plans in April, but those…
1.1 Million Auto Industry Jobs Hit y Coronavirus
The work of 1.1 million Europeans in the car industry is affected by the corona crisis, warns European auto industry organization ACEA.
According to the interest group, the current consequences for employment are even more…
Transavia Will Keep Aircraft on the Ground for the Time Being
Airline Transavia will cancel all flights from Monday due to the corona crisis. In any case, the measures will last until April 15.
The airline will decide weekly whether the term will be extended. Passengers are informed about…
European Airports Expect 187 Million Fewer Travellers
The European airports will be processed by the coronavirus this year by up to 187 million passengers. This is what branch organization ACI Europe expects.
Director-General Olivier Jankovec is, therefore, talking about "a shock of…
Bernie Sanders Can Become Financial Market Care
The American presidential candidate, Bernie Sanders, can become a new concern for the financial markets.
According to portfolio manager Regina Borromeo of asset manager Robeco, the 78-year-old senator is by far the left-most…
Wall Street Shows Some Recovery After A Bad Week
The stock exchanges in New York started the new trading week with gains on Monday. With that, the indicators on Wall Street show some recovery after the massive price losses of last week.
US investors continue to monitor…
The Stock Markets in New York Opened on Friday With Clear Losses
The stock markets in New York opened on Friday with clear losses. Concerns about global distribution, which the significant indicators have already lowered considerably this week, are continuing.
Stock markets are heading for their…