Thursday, December 5, 2024

Business

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...

Dow Futures rose over 200 points beyond earning season

Stock futures jump overnight Monday trading as investors brace for what might an unpleasant earnings season with the COVID-19 bring about havoc on worldwide corporate profits. Dow Jones Industrial Average futures jump to 256 points, mentioning a Tuesday opening...

More Disney employees reach agreement on coronavirus furloughs

Another two groups came to an agreement with Walt Disney World due to the absence of these park hotels at the time of Coronavirus crisis. The deal was held on Friday that would be applicable for security workers and other...

3M declares New Jersey firm tried to use its name to sell $45 million worth of masks

On Friday, producers of the N95 mask put a lawsuit in New York while claiming that another firm that has made efforts to trade its respirators at extremely high prices. 3M said that Performance Supply LLC of New Jersey has...

Starbucks second-quarter sales to decrease 46% amid Coronavirus epidemic

On Monday, Starbucks said that its second-quarter sales are reduced to its half due to the Coronavirus epidemic that halted its earning from two main markets. Starbucks stock market downfall by 2%, its shares’ market worth is 84 billion dollars,...

Latest News

It Would Be a Mistake For Israel To Occupy Gaza – President Biden

The United States officials claim that President Biden said the occupation of Gaza by Israeli forces would not be...