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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…
Investors Aim for the Acquisition of TikTok for 50 Billion
The popular but controversial app TikTok could be worth $ 50 billion as a separate company. That is what some investors in the Chinese parent company ByteDance believe.
They want to take over the platform for short music videos…
Hasbro Sells More Board Games and Clay During the Corona Crisis
Toymaker Hasbro sold more Play-Doh clay and games like Twister and Four in a Row in the past quarter.
The American company took advantage of the fact that due to the coronavirus outbreak, more people were home with their children…
First Auction of 5G Frequencies Generates 1.23 Billion Euros
The first auction of 5G frequencies for superfast mobile internet raised 1.23 billion euros. That is more than expected, said State Secretary Mona Keijzer (Economic Affairs) on Tuesday.
The Cabinet wanted to raise at least 914…
Chairman John Browne of the British Branch of Huawei is Leaving
John Browne, the chairman of the British branch of the Chinese Huawei, has left.
This is what the former director of BP is doing in the run-up to the expected decision of the British government to phase out the role of Huawei in…