Recent Posts - page 481

• Berkshire Hathaway Inc sold 100% stakes in 4 biggest U.S. airlines in April

  By admin1 on May 3, 2020 • ( 0 )

  

  On Saturday, in a statement Warren Buffett, the Chairman of Berkshire Hathaway Inc said, Berkshire Hathaway had sold 100% stake in the four largest U.S. airlines in April, at the company’s annual general meeting wherein he said, “the world has… Read More ›

• Norway’s sovereign wealth fund backs AGM resolution for ‘net zero’ bank by 2050

  By admin1 on May 1, 2020 • ( 0 )

  

  On Friday, in a statement Norway’s sovereign wealth fund stated, it will vote in favor of a resolution which will commit Barclays to tackle climate change at the bank’s annual general meeting on May 7. The resolution calls on Barclays… Read More ›

• Ryanair grounds 99% of flights until July 2020

  By admin1 on May 1, 2020 • ( 0 )

  

  On Friday, Europe’s biggest low cost carrier Ryanair announced, it will be grounding more than 99% of its flights until July. It has also commenced negotiations with Boeing for cutting the number of aircraft deliveries over the next 24 months…. Read More ›

• Have enough liquidity to sustain for next 12 months even without passengers: Heathrow Airport

  By admin1 on May 1, 2020 • ( 0 )

  

  In a statement, Europe’s busiest airport, London’s Heathrow Airport said, passenger numbers are expected to be down by nearly 97% in April; it went on to add, they are likely to remain weak until governments fighting the coronavirus outbreak deem… Read More ›

• Select business operations can resume from May 4: Malaysian Prime Minister Muhyiddin Yassin

  By admin1 on May 1, 2020 • ( 0 )

  

  On Friday, Malaysian Prime Minister Muhyiddin Yassin announced that business operations can resume from May 4. The development partially eases lockdown restrictions that were imposed to contain the spread of the Wuhan coronavirus. During a televised address, Muhyiddin said Malaysia… Read More ›

• 5G Demand Cushions Virus Impact As Qualcomm Forecasts Upbeat Revenue

  By admin2 on April 30, 2020 • ( 0 )

  

  Chip maker Qualcomm signed more contracts for 5G phones, that require higher priced micro processing chips, during the first quarter as the company forecast revenue for the current quarter largely in line with market expectations, even as the coronavirus pandemic… Read More ›

• Covid-19 Crisis Hits Twitter’s Advertising Business

  By admin2 on April 30, 2020 • ( 0 )

  

  While reporting a record number of users, Twitter Inc. has also reported a severe hit to its advertisement revenues because of the novel coronavirus pandemic for the first quarter fo the current year. During the period, revenues of $808 million… Read More ›

• Euro Zone Reports Worst Contraction Since 1995 Due To Pandemic

  By admin2 on April 30, 2020 • ( 0 )

  

  The coronavirus pandemic has pushed the euro zone economy to into a contraction by 3.8 per cent in the first quarter compared to the first quarter of last year. The pandemic has seeverly impacted business activity in the region. The… Read More ›

• ILO Warns Immediate Threat Of Livelihood Loss For Half Of World’s Workers

  By admin2 on April 30, 2020 • ( 0 )

  

  The International Labor Organization has warned that the economic impact of the coronavirus pandemic will put almost half the global workforce, equivalent to 1.6 billion people, in “immediate danger of having their livelihoods destroyed”. About 2 billion of the total… Read More ›

• Economic Sentiment Index In Euro Area Drops In April

  By admin2 on April 29, 2020 • ( 0 )

  

  The Economic Sentiment Indicator (ESI), which is a key indicator for economic sentiments in both the European Union (EU) and the euro area plunged in April at the steepest rate of monthly decline ever recorded for the index, showed official… Read More ›

• ‹ Older Entries
• Newer Entries ›