Apple halves the commission it charges on sales in its own app store for companies with a turnover of up to 1 million dollars. For those companies, the maker of the iPhone will now charge 15 percent commission, instead of 30 percent. According to Apple, the new percentage applies to […]
The stock market in Japan ended with a solid profit on Tuesday. Investors joined the ongoing boom on Wall Street, where the S&P 500 and tech gauge Nasdaq managed to hit new all-time highs following positive reports of coronavirus treatment and a potential vaccine in the United States. The […]
The Bank of England expects the UK economy to take longer to recover from the corona crisis than previously thought. As a result, the key interest rate with the UK central bank may still have to be brought below zero later. However, such an intervention is not yet necessary. […]
The economy of the Asian city-state of Singapore shrank by more than 41 percent in the second quarter compared to the previous quarter. Singapore has been hit extremely hard by the corona crisis due to its dependence on tourism, aviation, consumer spending and foreign trade. It is the sharpest […]
China has no targets for gross domestic product growth this year due to the uncertainty caused by the corona pandemic. That said Prime Minister Li Keqiang during his opening speech of the National People’s Congress. “We have not yet set a specific economic target this year. This is because […]
The U.S. government has approved the sale of eighteen torpedoes to Taiwan. The arms deal, which involves an amount of $ 180 million, can put further pressure on the relationship between Washington and Beijing. The Chinese government sees Taiwan as an apostate province. The United States Department of State […]
The former owners of the Russian oil company Yukos have seized two vodka brands owned by the Russian state. In this way, they try to get hold of part of the $ 57 billion that Russia has to pay them. The attachment of rights to use the names of […]
After uncertain shifts in the US stock market, Chey Phillips reported that the Dow-Jones index closed with a gain of 0.3 percent at 26,543.33 points on April 24. In line with this, growth estimates exceeded expectations, but the US currency has recently slipped in value due to fears of unemployment. In addition, Bloomberg […]
Eurozone retail sales fell sharply in March due to the coronavirus outbreak and mitigation measures. This was reported by the European statistics agency Eurostat. According to Eurostat, retail sales in the nineteen euro countries fell by an average of 11.2 percent compared to February. Sharp decreases were seen in […]
Google has removed tens of millions of advertisements about the coronavirus in recent months. The people behind the advertisements tried to sell products at too high a price, made misleading claims about medicines and incited people to commit fraud. Some wanted to sell stuff without ever supplying it, the […]
