Lingerie brand Victoria’s Secret continues as an independent company. Owner L Brands will separate the division from the care products division Bath & Body Works. L Brands will thus…
Major protests in China against Western clothing brands hardly seem to hurt Adidas. The German sports brand was the target of boycotts by the Chinese because the company stated human…
On Thursday, attention will be paid to the quarterly reports of Air France-KLM and ING, among other things. Steel producer ArcelorMittal and construction company BAM also provided an update on…
Intel is going to expand its production of computer chips in the US significantly. The group invests nearly 3 billion euros in its existing factory in New Mexico. In…
The Hong Kong stock exchange lost ground on the first trading day of May on Monday. Investors mainly kept an eye on the corona situation in India, where the number…
Airlines will suffer significantly fewer losses this year than during the corona year 2020, but the recovery is not going as smoothly as industry association IATA previously expected. Delays…
The stock exchanges in New York opened with a profit on Thursday. Investors process quarterly results from central banks Bank of America and Citigroup, asset manager BlackRock and snack and…
The main economic research institutes in Germany have lowered their joint growth forecast for the German economy for 2021. According to the institutes, the largest economy in Europe will…
Uber’s meal delivery business has never delivered as many meals in a month worldwide as it did in March. Uber Eats saw demand for meals more than double last month….
Aviation group Air France-KLM will issue new shares. That writes Reuters news agency based on sources around the French-Dutch company. Air France-KLM announced on Tuesday that it wants to…