Browsing Category
Business
Brexit Negotiations Will Continue in the Summer
Negotiations on the future relationship between the United Kingdom and the EU will continue in the summer.
A two-week break will only be taken in August, as the preliminary meeting schedule shows that both parties have agreed.
The…
Vice President of Samsung Electronics Jay Y. Lee Appeared in Court on Monday
Vice President of Samsung Electronics, Jay Y. Lee, appeared in court on Monday in South Korea for a hearing to determine whether he should be jailed for accounting fraud and his role in a controversial merger between two Samsung affiliates.…
Volkswagen Must Compensate Owners of Cheating Diesel Engines
Volkswagen has to pay compensation to owners of cheating diesel in Germany. This is Determined in Karlsruhe, the highest German court.
However, how much money people get depends on the number of kilometres that cars have driven.…
Board Easyjet Wins Over Founder Major Shareholder Stelios Haji-Ioannou
The board of low-cost fighter easyJet has received the support of the shareholders in an argument with founder and major shareholder Stelios Haji-Ioannou.
This had prompted the departure of four directors, including CEO Johan…
The Stock Exchanges in New York Started Trading Day With Solid Pluses
The stock exchanges in New York started trading day with solid pluses, after losing the day before.
Attention on Wall Street focuses on quarterly figures of retail company Target and DIY chain Lowe's. Besides, the Federal Reserve…
Uber Announces Mass Layoff Due to Corona Crisis
Uber Technologies, the company behind taxi app Uber, is shutting down some 3,700 jobs to get through the corona crisis. That equates to about 14 percent of the total workforce.
According to CEO Dara Khosrowshahi, Uber mainly says…
3.8 Million Americans Who Lost Their Jobs Signed Up for Unemployment Benefits
The corona crisis continues to leave an imprint on the US economy. Another 3.8 million Americans who lost their jobs signed up for unemployment benefits last week, the United States Department of Commerce reported.
The counter in…
Apple Starts Production of New iPhones Later This Year
Apple will begin production of the new iPhones that the company will present later this year a month later than usual.
That writes the American newspaper The Wall Street Journal based on insiders.
The reason for the postponement…
US Consumer Confidence Fell Sharply as A Result of the Corona Crisis
Consumer confidence in the United States fell sharply in April due to concerns among Americans about the corona crisis.
The University of Michigan reported this based on a final figure.
The measure of confidence measured 71.8…
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…