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 […]
The stock market in Japan ended a four-day profit series on Thursday. The other exchanges in the Asian region improved. The hope that the corona pandemic is approaching its peak and that governments will take more aid measures has raised some optimism. Positive voices about a possible deal from […]
British EasyJet will immediately cease all its flights. The airline company cites the unprecedented travel restrictions imposed by countries in response to the coronavirus and the introduction of lockdowns in many European countries. EasyJet says it continues to work with governments to conduct rescue flights at their request. Due […]
China’s second-largest economy is expected to show the weakest growth in more than 40 years this year due to the corona crisis. That is what economists predicted that Bloomberg news agency has surveyed. According to economists, growth will be 2.9 percent this year, which would be the slowest pace […]
The Austrian airline Austrian Airlines is temporarily grounding all its aircraft due to the worldwide travel restrictions imposed and the declining demand for tickets. According to the subsidiary of the German aviation giant Lufthansa, it is undoubtedly all flights that were planned until March 28. Austrian Airlines is […]
Automaker Ford has made some shifts at the top of the company. Jim Farley, currently responsible for new developments and technology as a director, will become an operational director. Joe Hinrichs, who was president of the automotive branch since April last year, leaves the company on 1 March. Earlier […]
Trading of Chinese stocks, the CSI 300 Index, was 9.1 percent lower at the opening. The stock market reopened on Monday for the first time since January 23, after it was closed due to the coronavirus outbreak. The decline is the largest since 2015. The Chinese National Bank (PBOC) had […]
The United Kingdom Limits Chinese Telecom Manufacturer Huawei’s Role in 5g Networks. The Chinese telecom manufacturer Huawei may supply parts for British 5G networks, but those may not be for the core of the network. Huawei is also not allowed to provide parts for use in the vicinity of […]
The United States has not yet produced contracts with Asia on the decrease in taxes in the long run. That is what American Leader Donald Trump advised reporters in the White-colored Home. In accordance with Trump, Beijing would like to opposite imposed tariffs partially. The Chinese Ministry of Business […]
