Recent Posts - page 487

• France announces $120.6 billion package to support economy during coronavirus pandemic

  By admin1 on April 15, 2020 • ( 0 )

  

  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 ›

• Washington state’s attorney general files lawsuits against Facebook Inc over political advertisements

  By admin1 on April 15, 2020 • ( 0 )

  

  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 ›

• GM to produce 1.5M face masks a month in Mexico from this month end

  By admin1 on April 15, 2020 • ( 0 )

  

  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 ›

• Chinese airlines report $4.8 billion loss in first quarter

  By admin1 on April 15, 2020 • ( 0 )

  

  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 ›

• Veteran Market Analyst Says ‘Absolute Bottom’ Not Yet Hit By Markets

  By admin2 on April 15, 2020 • ( 0 )

  

  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 ›

• Cash To Car Buyers Being Given By China To Prop Up Car Sale

  By admin2 on April 15, 2020 • ( 0 )

  

  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 ›

• Disney enters into $5 billion credit agreement

  By admin1 on April 14, 2020 • ( 0 )

  

  In a statement, Walt Disney Co stated, it has entered into an unsecured credit agreement for $5 billion. The deal comes at a time when companies across industries are scrambling to bolster their liquidity to cope with the fallout of… Read More ›

• China’s trade surplus with U.S. narrowed to $15.32 billion in March

  By admin1 on April 14, 2020 • ( 0 )

  

  On Tuesday, according to China’s customs data, trade surplus with the United States has narrowed to $15.32 billion at the end of March. In comparison, during the January to February period, China’s trade surplus with the United States stood at… Read More ›

• Japan extends March 31 financial year end reporting to Sept. 30

  By admin1 on April 14, 2020 • ( 0 )

  

  On Tuesday, in a statement Japan’s Finance Minister Taro Aso stated, Tokyo has decided that it will allow companies to extend the deadline for submission of securities and financial reports until the end of September. The decision comes midst difficulties… Read More ›

• Q1 of 2020 saw China import $5.05 billion of U.S. agricultural produce

  By admin1 on April 14, 2020 • ( 0 )

  

  According to customs data, in the first three months of this year, China imported U.S. farm goods worth $5.05 billion (35.56 billion yuan), up by 110% from last year. Under the phase 1 trade deal, China has committed to purchasing… Read More ›

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