Daimler, the parent company of Mercedes-Benz, is likely to cut up to 20,000 jobs in the coming years. Daimler had recently indicated that the corona crisis might require more…
Johnson & Johnson (J&J) medical group recorded less turnover and profit in the past quarter. In particular, the US company sold less medical equipment, as hospitals worldwide had postponed…
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…
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. …
Ryanair disapproves of billions of state aid to Lufthansa. State aid is needed to guide the German aviation giant through the crisis. According to the Irish price fighter, the…
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…
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…
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…
Car manufacturer Honda has stopped production at various locations worldwide. The company appears to have been affected by a cyberattack. The nature is unclear, but Honda is said to…
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…