On Wednesday, the French government hiked the expected cost of measures required to support the economy though the coronavirus crisis to $120.6 billion (110 billion euros), said French finance minister Bruno Le Maire. “We are going to go from 45… Read More ›
Facebook is facing yet another lawsuit over its political advertisement policy on its platform. Washington state’s attorney general has filed a second lawsuit against Facebook Inc over political ads saying the social media giant has once again failed to make… Read More ›
In a statement, General Motors Co said, by the end of April it will start producing 1.5 million face masks a month at its Mexican factory, located in the city of Toluca and will aim to produce 9 million masks… Read More ›
On Wednesday, China’s aviation regulator reported, Chinese airlines have reported a total loss of $4.8 billion (33.62 billion yuan) during the first quarter with the coronavirus pandemic having a deep impact on travel demand. In February，Chinese airlines suffered a record… Read More ›
According to veteran emerging markets investor Mark Mobius, global financial markets have probably not yet hit the “absolute bottom”. Therefore Mobius called on investors to keep enough cash at hand so that they can purchase stocks when the market goes… Read More ›
Chinese authorities are giving out cash to consumers in the country to prop up sale of new cars in the country to try and stage a turnaround in the auto sector of the largest auto market of the world which… Read More ›
