Prime Minister Boris Johnson’s plan to reopen the UK economy is on track. As a result of the successful vaccine program, 60 million injections have already been injected, and the government is, therefore, ready to lift the corona measures completely from June 21. Figures show that about 72 percent […]
Inflation in the United States rose much faster than expected in April, driven in part by the economic recovery from the corona crisis and higher commodity prices. Rising inflation may prompt the Federal Reserve, the US umbrella organization of central banks, to increase interest rates more quickly to avoid […]
Sony cannot keep up with the high demand for the PlayStation 5 game console (PS5). The Japanese tech company warned a group of analysts that there would be a shortage in supplies until next year. Sony sold 7.8 million copies of the PS5 in the past fiscal year, which […]
AstraZeneca posted sales of $ 275 million with its corona vaccine in the first quarter. It is the first time that the pharmaceutical company has released financial details about the distribution and yield of the vaccine. AstraZeneca had previously indicated that it would not make a profit on the […]
The Asian stock markets mainly showed a slight improvement on Thursday. Investors incorporated the US Federal Reserve’s (Fed) decision to leave the current stimulus policy unchanged. Apple’s suppliers in the region showed a mixed picture after the results of the iPhone maker. Trading was also relatively calm as the […]
The European Parliament approves the European Union’s trade and cooperation agreement with the United Kingdom, with 660 votes in favour, 5 against and 32 abstentions. Ratification by parliament was the last necessary step for the formal, new relationship between the EU and the country that had been an EU […]
Uber has allocated $ 250 million to persuade US drivers to return to work for them. The ride service lost a large part of its customers and drivers during the pandemic. With more people vaccinated in the United States, demand for Uber’s services is also picking up. However, the […]
Several of Credit Suisse’s top executives are resigning due to the stock market scandal surrounding the American investment fund Archegos Capital Management, in which the Swiss bank is involved. Archegos took significant financial risks on the stock exchange, resulting in heavy losses and Credit Suisse, among others, was an […]
The stock markets in New York started the last session of the week with gains on Friday. Investors responded to promises made by President Joe Biden on Thursday. Among other things, Biden increased the intended goal of the vaccination campaign against corona. In addition, the Federal Reserve exempted banks […]
Tech company Twitter is looking at advertising and attracting more users to boost its annual revenue. Subscriptions to Tweetdeck, the app for professional users, are also being considered. Twitter aims to double its annual revenue to $ 7.5 billion in the next three years. For example, to boost ad […]
