Tuesday, August 11, 2020

Business

Gold prices touching all-time peak level because of anxious investors

On Wednesday, gold prices are still surging their scintillating, now rallying again to reach another high level of more than 1,950 dollars per ounce. A novel height of prices above 2,000 dollars looks unavoidable, and manufacturers can thank incentive from...

Qantas airline to cut 20% of its employees and growing 1.3 billion dollars amid COVID-19

Qantas, the world’s third oldest airline, is losing 6,000 of its employees and operating to boost up to 1.3 billion USD (1.9 billion Australian dollars) as flights are facing severe situations to pass through the pandemic Coronavirus. Qantas is cutting...

No one got fired when Volkswagen created a racist ad

On Thursday, Volkswagen, a German automaker, blamed the 'absence of procedural faults and lack of sensitivity' for its failure to avert the publication and creation of footage based on racist content but opposed calls to fire those in charge. Last...

Japan’s economy shrank less than previously announced

On Monday, Japan declared that its economy shrank in January-March at a yearly rate of 2.2 percent, which is a smaller amount than initially predicted. An update made from the Cabinet Office that was an enhancement on 3.4 percent contraction...

NetEase seeks almost 3 billion dollars in Hong Kong listing

Next week, a Chinese gaming company, NetEase, is scheduling a secondary listing on the stock market of Hong Kong, for its shares because Chinese companies’ security on Wall Street is very intense amid China-US critical tensions. NetEase gaming Inc. described...

Two Ford plants suspended production as workers test positive for Coronavirus

Ford is going to stop its production in two factories, just after when it opened its American assembly plants due to the detection of Coronavirus in its employees. On Tuesday afternoon, there is one factory in Chicago that develops Ford...

Avianca, the second oldest airline, driven to bankruptcy amid COVID-19

On Sunday, the second biggest airline of Latin America, filed for bankruptcy when they failed to reach payment due date, while its appeal for COVID-19 relief from the government of Columbia, but got disappointed. In case if it didn’t get...

Dow Jones futures climb as investors focus on restarting the economy

On Tuesday morning, stocks increased as investors continued concentrated in restarting the economy of the United States. For the future, the Dow Jones Industrial Average (DJIA) ramped up 240 points means that it is the Tuesday’s reopening gain of around...

Global stocks collapse as COVID-19 smashes big tech, oil earnings

On the first trading day of the month, investors pushed into sell mode because Big oil and Big Tech showed a threat that the Coronavirus epidemic is crushing their businesses during their quarterly revenue updates. Ticker         ...

British Airways is going to lose 12,000 jobs amid Coronavirus epidemic

British airways is probably going to drop more than one-quarter of its employees due to the pandemic Coronavirus gets its toll on the biggest European Airlines. On Tuesday, parent firm IAG told in a statement that British Airways is informing...

Latest News

Alec Baldwin organized a chat with Robert F. Kennedy Jr.

On Wednesday, Alec Baldwin hosted Robert F. Kennedy Jr. and had a long conversation in which both talked about...

Zuckerberg, Facebook co-founder, now has 100 billion dollars worth

Mark Zuckerberg, Facebook CEO, has entered into the world’s most high-class club of the ultra-rich people. On Thursday, Mark Zuckerberg became one of the centimillionaires,...

Saudi Crown Prince, bin Salman, accused of killing plot against top senior exiled official

A dominant ex Saudi intelligence official is accusing that a killing group moved from Saudi Arabia to Canada to attempt to kill him just...

Daisy Coleman, a student appeared in Netflix documentary, passed away

On Tuesday, Daisy Colman, whose accusation of sexual attacks and harassment appeared in ‘Audrie and Daisy,’ a Netflix Documentary, has passed away by suicide,...

Dr. Birx warns nine U.S. cities about increasing COVID-19 cases

For this week, the Coronavirus task force of White House is highlighting and warning few states about an upsurge in COVID-19 cases rate in...