The stock exchanges in New York turned dark red on Monday. Due to the significant losses in the opening minutes, trading was even temporarily halted. Concerns about the new coronavirus continue to dominate global markets. A new, unexpected rate cut by the Federal Reserve (Fed) has yet to turn […]
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Brake on Earning from Virus Panic: British Market Watchdog Prohibits Short Selling
The British market watchdog temporarily bans the possibility of short selling, with investors speculating on a share price fall, the Financial Conduct Authority (FCA) announced. Stock markets have plummeted in recent days due to fears of the coronavirus. The measure will take effect immediately. According to the Netherlands Authority […]
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Italy Travel Complicated or Impossible to Continue
The amended travel advice from the Ministry of Foreign Affairs (Buza) for Italy means that it will become a lot harder for travel organizations and tour operators to keep to agreements with customers, says branch organization ANVR. Buza adjusted the travel advice for the whole of Italy on Tuesday. Travellers […]
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Topman Largest American Bank Undergoes Heart Surgery
JPMorgan Chase boss Jamie Dimon, chief executive of the largest bank in the United States, underwent urgent heart surgery on Thursday to close a crack in his main artery. According to the financial group, the intervention was successful. Dimon, who is considered one of the most prominent drivers on […]
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Western Brands Benefit from Slave Labour Uyghurs
China uses tens of thousands of Uighurs as forced labourers. The Uighurs, who belong to an Islamic minority group and because of their faith and culture are being “re-educated” in camps in Xinjiang province, must also work elsewhere in China in factories that supply Western brands. At least 80,000 […]
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Volkswagen Pays Diesel Engine Owners Compensation in Germany
Volkswagen Pays Diesel Engine Owners Compensation in Germany. German owners of a Volkswagen with a tamper-evident diesel receive money from the automaker. The German company reached an agreement on this with an umbrella organization for consumer associations. VW allocates a total of 830 million euros for this. Approximately 260,000 […]
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EU Starts With Strong Mandate to Negotiate With Uk: We Do Not Want Revenge
The 27 Member States of the European Union have approved the mandate for negotiations with the United Kingdom on a new trade agreement. With that text, the European Commission can start negotiations next week. The European Union wants an ambitious agreement with the British but under precise conditions. The […]
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Tourism Sector in Asia is Hit by More Than 100 Billion
The outbreak of the coronavirus in China is estimated to cause more than $ 100 billion in damage to the Asian tourism industry. According to them, hotels, restaurants, shops, airlines and other travel-related companies in many Asian countries are missing out on income because the Chinese, in particular, are […]
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A British Woman Admits the Attack on London Cathedral
A British woman has admitted that she wanted to commit a suicide attack in Saint Paul’s Cathedral in London, British media report today. 36-year-old Safiyya Amira Shaikh from Hayes, a suburb of London, contacted people who could make explosives and visited her target. The woman is a supporter of […]
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British Inflation Has Risen Faster Than Expected in January
UK inflation has risen faster than expected in January. Every year, the money depreciation was 1.8 percent, the National Statistics Office reported. Prices of energy, gasoline and airline tickets in mainly boosted inflation. The rise in inflation is probably only temporary. The increase in gas and electricity prices was […]