German airline Lufthansa does not expect the entry ban for European travellers to the United States to be relaxed before Christmas. An easing of travel restrictions is really not expected until late in the fourth quarter, board member Harry Hohmeister said at an online conference hosted by fvw TravelTalk […]
Chip and Tech Companies Help Nikkei Make Small Profits
Published on :The Tokyo stock exchange closed with a small profit on Thursday. Investors processed the disappointing jobs report from American payslip processor ADP and mainly invested in stocks that have performed well during the corona pandemic, such as the Japanese chip and technology companies. The transport companies and airlines, on […]
Nikkei Lower in Anticipation of Fed Chief Powell Speech
Published on :The Tokyo stock exchange closed with a loss on Friday. Investors processed the lower closing positions on Wall Street, where the mood was depressed by the deadly attack in the Afghan capital Kabul. In addition, they were waiting for the speech that Federal Reserve (Fed) Chairman Jerome Powell will […]
Mazda Shuts Down Factories Due to Shortage of Parts from China
Published on :Mazda is forced to shut down production at two of its factories in Japan at least until Friday. The Japanese car manufacturer is struggling with shortages of parts. In addition, they cannot be flown from China to Japan due to problems at the Chinese airport of Shanghai Pudong after […]
The US Allows Chips to Huawei Despite Sanctions
Published on :The United States has given Chinese tech group Huawei permission to buy hundreds of millions of dollars of chips in the country, insiders say to Reuters news agency. Huawei is on a US corporate blacklist and generally cannot obtain chips from Americans. Fearing espionage and Huawei’s close ties to […]
Paypal Also Lets British Customers Pay with Crypto Coins
Published on :The American payment giant Paypal will offer its customers in the United Kingdom the possibility to buy, sell or collect digital coins with digital coins. This option already existed in the United States but is now being extended to another country for the first time. Four types of crypto […]
Chinese Pledge to Lower Steel Production Pressures Iron Ore Prices
Published on :Iron ore prices fell sharply for the second day in a row on Thursday. The price for the rock is under pressure after China pledged to cut steel production and consumption. Since the peak in May, iron ore has been worth 40 percent less. China has been urging steel […]
German Chip Company Infineon: Chip Shortages Can Last for Years
Published on :The global chip shortage that is disrupting the production of several companies could continue for years to come. Reinhard Ploss, CEO of the German chip group Infineon, thinks so. According to him, the scarcity could last until 2023, he says in the newspaper Frankfurter Allgemeine Zeitung, because the capacity […]
US Companies are Hiring Again
Published on :American companies are hiring more and more staff, and unemployment in the world’s largest economy is falling rapidly as a result. In addition, new figures from the US government indicate that the labour market in the United States is experiencing a strong recovery. Last month, excluding agriculture, 943,000 jobs […]
Double the Number of Passengers for Ryanair in July
Published on :More and more European holidaymakers are putting aside uncertainty about corona rules across the border and taking the plane. Budget airline Ryanair carried 9.3 million passengers in July. That is more than twice as many travellers as flew with the Irish company in the same month of last year. […]