The reopening of British pubs and restaurants can be seen in the country’s shops, especially supermarkets. According to the UK statistics agency, retail sales fell last month as people chose to eat and drink out more often. The British terraces reopened in mid-April. On May 17, guests were also […]
Stock Markets in New York Moved Slightly Higher on Thursday
Published on :Stock markets in New York moved slightly higher on Thursday. Investors were still chewing on the Federal Reserve’s interest rate decision that showed central bankers want to raise interest rates earlier than expected. They also processed figures on U.S. unemployment claims that rose unexpectedly, for the first time since […]
German Economy Faces Significant Recovery in Second Half of the Year
Published on :The German economy is expected to recover strongly in the second half of the year. That is forecast by the Bundesbank, which has raised its economic forecasts. Due to the progress with vaccinations and the phasing out of lockdown restrictions, it is evident, among other things, that German consumer […]
Germany Plans to Extend Corona Support for Companies
Published on :Germany plans to extend economic support for companies affected by the corona crisis until the end of September. A government source told Reuters news agency. As in many other countries, companies in Germany can claim support if they can demonstrate that their income has fallen sharply due to the […]
Right-Hand CEO Elon Musk Leaves Car Manufacturer Tesla
Published on :Automaker Tesla has said goodbye to Jerome Guillen, one of the company’s four top executives. The Frenchman had been working for the electric car maker for a decade until recently headed the company’s truck division. Guillen would have left the company on June 3, according to documents filed this […]
German Factory Orders Drop Unexpectedly
Published on :German factory orders fell unexpectedly in April. This shows that manufacturers in Europe’s largest economy are still struggling with the negative effects of the corona pandemic and measures to prevent the virus from spreading. According to the German Federal Statistical Office, the number of orders fell by 0.2 percent […]
Google Allows Crypto Ads Again
Published on :Google will again allow advertisements from companies that offer so-called cryptocurrency wallets. This will be possible again from August. A cryptocurrency wallet is a kind of bank account for digital currency. In 2018, Google banned ads for digital coins and related products, following a similar move by Facebook. But […]
Apple No Longer Catches Suppliers in Child Labour
Published on :Apple itself was unable to catch suppliers using child labour last year. This is according to a report prepared by the American technology company. In 2019, Apple found another case. Last year, Apple said it conducted audits of 1,121 suppliers in 53 countries. According to the company, 57,618 employees […]
Nikkei Drops After Disappointing Figures from Japan and China
Published on :The Tokyo stock exchange lost ground on Monday. Investors took advantage of the disappointing data on Japanese retail sales and Chinese manufacturing to profit after the recent strong rally. The extension of the state of emergency in Japan had little impact on trade. In the fight against the coronavirus, […]
Lufthansa is Avoiding Belarusian Airspace for the Time Being
Published on :On Monday, the German airline Lufthansa announced that its planes are avoiding Belarusian airspace until further notice due to “the current dynamic situation”. KLM announced earlier on Monday evening that it would do the same and would also stop the so-called code share flights to Minsk, the capital of […]