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The Stock Exchanges in New York Started the New Trading Week With Pluses on Monday
The stock exchanges in New York started the new trading week with pluses on Monday. Investors are processing another crop of business results.
Furthermore, the focus is on the extension of a package of corona support measures by US…
Bank of America Also Sets Aside Billions for Bad Loans
Bank of America set aside another $ 4 billion in the second quarter to absorb losses on bad loans from the corona crisis, echoing other major banks in the United States that also released billions in additional.
As a result, the…
British Government Earmarks £ 30 Billion for Economy and Jobs
The British Government is proposing aid measures worth £ 30 billion, to maintain employment in the UK.
Employers can count on, among other things, a bonus per employee who will return to work after temporary unemployment. London is…
Amazon Buys Developer of Self-Driving Cars Zoox
Amazon buys the developer of self-driving cars Zoox. This California company is working on an autonomous electric car that is intended explicitly for taxi services.
With the acquisition, Amazon may be betting on its own taxi…
British Airways Authorities Calls for Action by Unions
British Airways mother IAG sees 178 million pounds evaporate every week as a result of the corona crisis. Interventions are necessary to deal with the crisis.
British Airways CEO Alex Cruz once again clarified the need for this to…
US Economy Shrinks by 5 Percent Due to Crisis
In the first quarter of this year, the economy of the United States shrank slightly faster than initially thought, due to the corona crisis.
According to a second estimate by the US government, the shrinkage was 5 percent.
A…
New York Stock Exchanges Start With Small Losses
New York Stock Exchanges Start With Small Losses. The stock exchanges in New York did not come far from their place on Thursday after the opening bell.
Political tensions between China and the United States are hovering over stock…
The Japanese Stock Market Ended Higher Again on Tuesday
The Japanese stock market ended higher again on Tuesday, reaching its highest level since March 6.
As on Wall Street, promising test results in an investigation into a potential corona vaccine from the American pharmaceutical…
London Business District Canary Wharf Wants Bankers Back to Work
London's financial business district Canary Wharf has worked out detailed plans to get bankers, accountants and lawyers back to work as lockdown measures are eased by the corona crisis in Britain.
That reported business newspaper…
European Stock Markets Higher After China and US Trade Talks
European stock markets advanced slightly on Friday. The rapprochement between China and the United States to achieve the first phase of the trade deal between the two countries created optimism on the trading floors.
The official…