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Coca-Cola Continues to Feel Problems in the Hospitality Industry Due to the Corona Crisis
In the third quarter, the American soft drink producer Coca-Cola still suffered from the problems in the hospitality and events industry as a result of the corona crisis.
The company does say things are picking up again compared to…
The Stock Exchanges in New York Opened Mixed on Friday Trading Session
The stock exchanges in New York looked for direction at the opening of Friday's trading session. Investors processed another step in the tech company conflict between China and the United States.
The Trump administration announced…
Tire Manufacturer Continental is Cutting Even More Jobs
The German supplier to the automotive industry Continental is going to cut even more jobs due to the malaise in the car sector caused by the corona crisis.
The manufacturer of tires and braking systems, among other things, plans to…
Renault Wants to Focus Less on Volume and More on Margin
The French Renault wants to focus less on the number of cars the company sells and more on the profit margin.
In addition to a division for the Renault, Dacia and Alpine brands, there will therefore be a branch for "new mobility".…
The US Stock Markets Entered the Weekend With Gains on Friday
The US stock markets entered the weekend with gains on Friday. On Wall Street, among other things, the promises of President Donald Trump for a possible second term were processed.
Investors also chewed on the speech by US central…
World Economic Forum Postponed to Summer
The World Economic Forum will not take place in January next year but at the beginning of the summer.
The organization of the annual meeting of top executives of large companies and politicians in Davos has announced this. They…
Estée Lauder Loses Sales Due to Stores Closed by Coronavirus
Cosmetics brand Estée Lauder saw sales fall by a third in the past quarter as many stores worldwide had to close their doors due to the outbreak of the coronavirus.
Increased online sales could not sufficiently compensate for the…
Americans are Ordering More Online From Supermarket Giant Walmart
The American supermarket group Walmart has almost doubled its sales via the internet in the United States in the last corona quarter compared to a year earlier.
The world's largest employer, employing more than 2 million people,…
President Trump Allows Oil Drilling in Alaska Nature Reserve
US President Donald Trump is going to allow oil drilling in a large nature reserve in the state of Alaska. The drillings are highly controversial.
For decades no oil and gas extraction was allowed in the vast area, almost twice the…
The Stock Exchanges in New York Opened With Small Results on Thursday
The stock exchanges in New York opened with small results on Thursday. Investors on Wall Street responded to the latest unemployment figures from the United States and a wave of corporate results.
In addition, the financial markets…