Business

The British retail sector is recovering slightly faster than economists expected. In July, sales were up 2 percent from the previous month, the British statistics office reports. Non-food sales rose by 10 percent but remained below…
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Facebook CEO Mark Zuckerberg will defend the social media company on Wednesday for a Congressional hearing saying it faces intense competition. He also points to China's growth as an internet superpower. Zuckerberg's written…
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The heads of government of Italy and Spain have reacted with delight to the agreement on the corona repair fund. Italy says it will receive 209 of the 750 billion euros and Spain counts on 140 billion. Italian Prime Minister…
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During the corona crisis, KLM, Corendon, Transavia and TUI offered unsolicited vouchers without a choice of reimbursement or another flight. They also did not offer passengers who objected to the vouchers the option to get their…
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The stock market in Japan ended lower on Tuesday. Investors slowed down after the sharp price increases a day earlier. The Japanese technology companies, in particular, were sold in the wake of the significant loss of the American…
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Electronics giant Samsung expects better earnings in the second quarter than expected, thanks in large part to strong sales in the memory sales department. The South Korean tech giant announced this on Tuesday. The company expects…
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The stock market in Japan ended higher again on Wednesday. Investors pulled up on higher closing positions on Wall Street and easing corona measures in several countries, including Japan. The other stock market indicators in the…
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China disagrees with the restrictions that the United States has imposed on Chinese airlines. US Deputy Secretary of Transportation Joel Szabat required seven Chinese airlines to report all of their flights to the US by May 27…
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Japanese auto group Nissan Motor plans to cut more than 20,000 jobs worldwide due to the negative consequences of the corona crisis. That reported news agency Kyodo News. Due to the crisis, car sales fell sharply, and factories had…
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Transavia will gradually restart its flight schedule from June 4. According to the airline, this can be done by relaxing progressively travel restrictions in Europe. Customers would also be interested in travelling again. From…
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