Browsing Category
Business
Airline Company Transavia Keeps Its Aircraft on the Ground Longer Due to Corona Crisis
Airline company Transavia keeps its aircraft on the ground longer because of the corona crisis, except for aircraft used for repatriation flights.
The Air France-KLM subsidiary would not fly according to schedule until May 6. This…
Producer Pampers and Ariel Take Advantage of the Hammer to Corona
Care and cleaning products producer Procter & Gamble (P&G), known from brands such as Pampers, Ariel, Braun and Gillette, benefited in the past quarter from the massive hammering of groceries due to the corona crisis.
As a…
Amazon Wants to Hire Tens of Thousands of Employees
Amazon wants to hire an additional 75,000 employees to cope with the high corona pressure in North America.
The web store giant is currently unable to meet the demand of Americans hoarding food and cleaning supplies because of the…
195 Million Jobs Lost Worldwide Due to Corona Crisis
The pandemic with the new coronavirus will cause 195 million job losses worldwide in the second quarter.
The virus outbreak is causing a sharp fall in the number of jobs, especially in Europe, Asia and the Arab world, the…
The International Monetary Fund (IMF): Africa Cannot Escape Global Crisis This Time
The International Monetary Fund (IMF) predicts that Africa will also not escape an economic crisis due to the corona pandemic.
During the financial crisis of 2008, the continent was still doing relatively well, partly because…
EU Budget Rules Are Temporarily Not About Coronavirus
EU finance ministers agree with the European Commission proposal to temporarily release the fiscal rules related to the corona crisis.
They agreed on this during a video conference to "pump as much as needed into the economies".…
Price Brent Oil Dips Below $ 25 A Barrel
Brent Oil's price plunged below $ 25 a barrel amid all the turmoil in the financial markets on Wednesday night. That is the lowest level since 2003 when fear of the SARS virus in Asia gripped the world.
In addition to the corona…
The Stock Exchanges in New York opened Considerably Lower on Wednesday
The stock exchanges in New York opened considerably lower on Wednesday. This was a definite step back after the substantial price rises on Wall Street the day before.
Investors remain under the spell of the new coronavirus and…
KLM Announces Measures in Response to the Economic Impact of Coronavirus
KLM announces "drastic" austerity measures in response to the economic impact of the new coronavirus. That is stated in a letter from financial director Erik Swelheim to the management of the airline.
Thus, additional investments…
The Stock Exchanges in New York Were Opened in Red on Tuesday
The stock exchanges in New York were opened in red on Tuesday. Technology giant Apple's sales warning pushed the vote because of the negative impact of the new coronavirus.
Suppliers from Apple and chip funds had to take losses as…