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Gold Price at Highest Level Since 2012 Due to Corona Crisis Concerns
The gold price has reached its highest level in almost eight years due to financial market concerns about the corona crisis.
The price of the precious metal is on the rise this year as investors are looking for safe havens to…
Thousands of Jobs in the H&M Clothing Chain are at Risk from the Crisis
Swedish clothing chain Hennes & Mauritz (H&M) fears the loss of tens of thousands of jobs because of the corona crisis.
The company has already closed thousands of stores in connection with the pandemic.
According to…
KLM Will Ground Boeing 747s Soon Due to Coronavirus
Due to the impact of the new coronavirus, KLM will keep all Boeing 747 aircraft grounded after the winter season, which runs until March 26.
At sister company Air France, the superjumbo's of the aircraft maker Airbus, the A380,…
Chinese Economy Cools Down Considerably Due to Coronavirus
The new coronavirus is significantly reducing economic growth in China. Credit rating agency S&P Global expects the rate of growth of the second-largest economy in the world to fall to 5 percent in 2020.
Last year the Chinese…
The Price of Bitcoin Reaches the Highest Level Since Early November
The price of the bitcoin is rising sharply and escapes concerns on the financial markets about the spread of the new coronavirus. On Tuesday, the value of the crypto-coin rose to approximately the highest level since the beginning of…
Trade Deal: U.S. and China Could Roll Back Tariffs
America has not yet made contracts with Asia on the reduction of taxes in the long run. That is what American Chief executive Donald Trump informed reporters in the White-colored Home. According to Trump, Beijing desires to change imposed…
China is Reportedly Considering A $10 Billion Investment in Saudi Aramco
Chinese state-owned companies are considering jointly investing 5 billion to 10 billion dollars inside the IPO in the Saudi status oils business Saudi Aramco.
Insiders documented this to the Bloomberg reports organization.…
‘Tesla Is Working On Its Batteries In A Secret Lab’
'Tesla is Working on its Batteries in a Secret Lab.' Tesla wants to produce battery cells. In this way, the manufacturer of electric cars hopes to become less dependent on Panasonic.
According to the reports, the research into the…
Uber Aims For Valuation Of 91.5 Billion Dollars
Uber Aims for Valuation of 91.5 Billion dollars at the Upcoming IPO. Taxi company Uber hopes for a valuation of 91.5 billion dollars at the upcoming IPO.
It is stated in documents that the company has submitted before the IPO.
The…
HEMA Wants To Further Reduce Costs
HEMA Wants to further Reduce costs with other Collective agreements for Employees. HEMA wants to switch to another collective labour agreement for most of the employees.
For example, the costs at the retail chain must be further…