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Xerox Ends Acquisition Hunt For HP Due to Coronavirus Crisis
Copier manufacturer Xerox ceases acquisition of computer and printer maker HP Inc. The Wall Street Journal reports this based on insiders.
According to the business newspaper, the corona crisis is undermining the financial…
German Business Confidence Plummeted by the Coronavirus Crisis
The confidence of German entrepreneurs in the economy has plummeted even more than previously assumed, under pressure from the corona crisis in March.
The leading research institute Ifo reported this based on a definitive figure.…
Hoekstra Rejects Italy’s Call for Deploying an EU Emergency Fund
Minister Wopke Hoekstra (Finance) believes that the euro countries can only claim the European emergency fund ESM if other options to protect their economies against the consequences of the coronavirus fail.
The minister rejects…
Ryanair will Almost Stop Flying Next Week Because of the Coronavirus Crisis
Ryanair will keep almost all its planes on the ground next week due to the corona crisis. The Irish prizefighter will be scrapping more than 80 percent of its flights in the coming days and thinks that there will be virtually no flights…
Tesla Wants to Build A New Factory for Cybertruck
Tesla wants to build a new large factory for the production of its electric pick-up truck, which was unveiled in November, the so-called Cybertruck. CEO Elon Musk wrote that in a tweet.
"Looking for locations for Cybertruck…
US Central Bank Cuts Interest Due to Coronavirus
The US Federal Reserve has lowered interest rates by 0.5 percentage point due to the effects of the new coronavirus. The decision for the emergency measure of the umbrella of US central banks was taken unanimously.
The Fed suggests…
The Japanese Stock Market Ended Lower Again on Wednesday
The Japanese stock market ended lower again on Wednesday. Investors remained concerned about the economic impact of the new coronavirus, which seems to be spreading ever further in countries outside of China.
Most other stock…
Burger King Added More Than A Thousand New Stores to Its Fast Food Empire Last Year
Burger King added more than a thousand new stores to its fast-food empire last year. The American citizen chain thus managed to increase its revenues at restaurants that were open for more than a year compared to 2018.
In the past…
Trump Says He Has not Decided to Roll Back Tariffs on China
The United States has not yet made agreements with The far east in the reduction of income taxes in the long term. That is what American Leader Donald Trump advised reporters within the White-colored House. In accordance with Trump, Beijing…
China Considers up to $10 Billion Investment in Saudi Aramco IPO
Chinese state-owned or operated organizations are considering jointly investing 5 billion to 10 billion bucks inside the IPO of the Saudi status oils organization Saudi Aramco.
Insiders noted this towards the Bloomberg information…