Business

The stock exchanges in New York started the new trading day with minor pluses on Wednesday after the strong minuses of a day earlier. Investors are a bit cautious because of the ever-increasing number of corona infections. This…

Rapper Kanye West will design clothes for the American clothing chain Gap. The collaboration between Western fashion label Yeezy and the retail chain has a duration of ten years. The clothes are given the name Yeezy Gap. West has…

European stock markets lost ground on Monday but were able to reduce the heavy opening losses. Fears of a new wave of corona infections in several US states and in the Chinese capital, Beijing put sales pressure on the trading…

Carmaker Ford is returning more than 2 million cars to the garage in the US due to possible door lock failures. In the worst case, doors can swing open during the ride, the company warns. To date, no reports of accidents or…

The corona crisis is likely to saddle the global aviation industry this year with a loss of $ 84 billion in total. Aviation organization IATA has calculated this. This makes 2020 probably the “worst year in aviation history”. Air…

The British Parliament is deeply concerned about the support that British bank HSBC has given to Chinese legislation on security issues in Hong Kong. That is stated in a letter to the CEO of HSBC. The letter was written by Member…

Manufacturing activity in China showed cautious growth in May after shrinking a month earlier. Market researchers Markit and Caixin report this based on their purchasing managers index. The sizeable Chinese industry sees demand…

The head of Disney's streaming division, Kevin Mayer, is leaving to lead TikTok, the popular but controversial video-sharing app. The app's owner, Chinese ByteDance, settled last year in the United States with market watchdog FTC…

European stock markets showed some recovery on Friday after the heavy loss a day earlier. A stronger-than-expected increase in Chinese industrial production in April gave investors hope about easing corona measures. The markets…

Elon Musk Ignores the Ban and Stands On A Conveyor Belt in the Tesla Factory. Carmaker Tesla has informed its California staff that employees can return to work. The maker of electric cars thus contests a decision by the local…