Business

The stock markets in New York opened on Monday with significant pluses, helped by the substantial price gains on the Chinese stock markets. Optimism there was fueled by hopes of a strong recovery in the Chinese economy. Investors…

Boris Johnson is more optimistic about reaching a trade deal between the United Kingdom and the European Union than EU chief negotiator Michael Barnier. That said the British Prime Minister on Friday on the LBC radio station.…

Airline France wants to cut more than 7,500 jobs by 2022. Sources with French unions have reported this to the AFP news agency. Aviation is hit hard by the corona pandemic because travel restrictions virtually halted international…

The auction site eBay is doing good business now that people are buying massively online instead of physically buying during the corona crisis. The company expects revenues of $ 2.8 billion in the second quarter. In a previous…

Primark will also open its stores in England again this month. Parent company Associated British Foods (ABF) wants to be able to receive customers in all English stores of the clothing chain in two weeks. Primark is still awaiting…

The American supermarket chain Walmart showed a strong increase in the past quarter thanks to customers who hoard food and household products. Revenues from stores that have been around for more than a year increased by one-tenth…

Chinese makers of telecom equipment such as Huawei and ZTE have been blacklisted in the United States for a year longer. President Donald Trump extended an execution order by at least another year. In concrete terms, this means…

Car manufacturer Fiat Chrysler suffered a billion-dollar loss in the first three months of this year. Both in Europe and North America, its two main markets, the company suffered from lockdowns that forced factories to close. Sales…

US consumer confidence in the economy went down in April. Market researcher Conference Board announced this. Americans are concerned, among other things, about the labour market and household incomes as a result of measures to…

Activity in the US economy shrank even more sharply in April as a result of the corona crisis, closing many businesses. This is evident from essential indicators for the industry and services sector of market researcher Markit.…