Business

The stock exchanges in New York opened on Wednesday with gains. Investors incorporated the report from payroll processor ADP about the massive job losses in American business. The hope that economic activity will increase again…
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The New York stock exchanges started losses on the new trading session on Friday. Technology giants Amazon and Apple plunged after their quarterly results were released. Investors also received results from a variety of companies,…
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Social media company Twitter has never attracted as many additional users as in the first quarter of this year due to the corona crisis. The number of daily active users rose by 24 percent year-on-year to 166 million as people want…
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The American oil company Diamond Offshore Drilling has filed for Chapter 11 bankruptcy because of the unprecedentedly low oil prices. For the first time in history, parties had to make additional payments last week to supply US…
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The International Monetary Fund (IMF) is nonetheless providing emergency assistance to Bosnia and Herzegovina to overcome the corona crisis. The fund previously threatened to withdraw its support if the Balkans were to undermine a…
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If Germany pledges too much financial aid to companies to mitigate the consequences of the corona crisis, other European countries like Spain and Italy will be able to point to the country and say Germany has enough money. That is…
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German automakers such as Volkswagen and Mercedes-Benz will resume production next week, in line with the easing of the lockdown in Germany and other European countries. Germany will reopen some stores from next week, Chancellor…
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The stock exchanges in New York started losses on the new trading day on Wednesday. Sentiment on Wall Street is fueled in part by dramatic data on U.S. retail sales as a result of the corona crisis. The industry around New York is…
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In a statement, members of the OPEC oil cartel and ally Russia confirmed that they agreed on Thursday to cut production. In May and June, 10 million barrels less per day are produced to support oil prices. Then production is…
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Sportswear manufacturer Adidas plans to turn to the German government for subsidized loans of at least 1 billion euros. Bloomberg news agency reports this based on insiders. Measures against the new coronavirus wallop Adidas. Many…
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