Thursday, June 4, 2020

Business

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...

Airbus’s CEO warns the firm is short on cash amid COVID-19

Airbus's chief executive has described a stark assessment and significant impact on the planemaker due to the coronavirus pandemic that almost ceased the whole world's movement. Guillaume Faury, Chief Executive Officer of the aircraft manufacturer Airbus, send a letter to...

Walmart hiring thousands of workers as Coronavirus continues

Walmart is going to hire 50,000 new employees after accomplishing the previous target of hiring 150,000 new workers above 6 weeks ahead of schedule. On Friday, the firm announced that the newcomers would attain the position of part-timers or temporary...

Worldwide stocks mixed as dreadful economic warnings crash

An unambiguous warning on the economy of Asia pushed down the stocks on Thursday as investors braced for another report on the labor market of America that might extinguish a rebound by United States stock futures and European Markets. Nikkei...

McDonald’s China excuses for banning black community from a store

In China, McDonald's is in trouble after displaying a sign that showed the banning of black customers from the territory. The signboard posted on social media sites that denotes McDonald's restaurant in Guangzhou banned the black people by saying that...

Latest News

Facebook decided to close far-right groups amid protest discussions

On Tuesday, the social media giant, Facebook, said that it had closed accounts and pages that are linked with...

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...

Barack Obama shared guidelines to resist people from violence amid George Floyd protests

On Monday, Barack Obama, Former US president, posted a few pieces of advice on Medium and speaking to the protesters all across the United...

Olivia Jade suffers criticism after ‘white privilege’ post

Olivia Jade, the daughter of Lori Loughlin, talked, in a new post on the Instagram story, about taking her white privilege to fight racism. The...

Christo, a popular landmark wrapping artist, died at the age of 84

Christo, the Bulgarian artist, well known because of his popular landmarks and wrapping buildings in plastic and fabric, has died at home in New...