The latest retailer in the United States to wind up because of the novel coronavirus pandemic hit is one of America’s oldest clothing brands Brooks Brothers as the company filed for bankruptcy protection. Legal protection from creditors was sought on… Read More ›
Day: July 8, 2020
New Huge Fiscal Corornavirus Stimulus Worth $38 Billion Announced By UK
Another coronavirus stimulus package of £30 billion ($37.6 billion) was announced by the United Kingdom with the aim of stopping the growing job crisis in the country and to prop up the economy of its worst recession in centuries. The… Read More ›
UK could opt for Australian approach, in case of cliff hanger Brexit
In a telephone call with Germany Chancellor Angela Merkel, British Prime Minister Boris Johnson said, Britain is prepared to leave the European Union on the same terms that Australia has with the bloc if it is unable to hammer out… Read More ›
Close to settling most Lion Air 737 MAX claims: Boeing
In a court filing Boeing Co stated, it has reached settlement agreements with more than 90% of the wrongful death claims filed in federal court following the crash of a Lion Air 737 MAX aircraft in 2018 in Indonesia that… Read More ›