U.S. Companies are Hiring Again
U.S. employers hired more staff in May, while the world's largest economy continued to recover from the corona crisis. Aided by the rapid pace...
$50 Billion Needed to Tackle Global Pandemic
Governments of countries must allocate extra money to tackle the corona pandemic worldwide. With that joint call come the International Monetary Fund (IMF), the World...
Inflation in Germany to Highest Level Since 2018
Inflation in Germany rose to its highest level since October 2018 in May, as the economy continues to open up and consumer demand picks up....
Lowest Number of Benefit Claims in the US Since the Start of the Corona Crisis
The number of new claims for unemployment benefits in the United States has fallen to the lowest level since the coronavirus hit in the country....
Marks & Spencer is Counting on A Strong Recovery After the Corona Year
British department store chain Marks & Spencer (M&S) expects a strong recovery this year. In the first weeks of the fiscal year, which starts...
Bitcoin Shoots Up Again After Weekend Dip
Cryptocurrency bitcoin continues to fluctuate strongly in value. After a dip last weekend in which the currency lost almost a fifth of its value on...
Car Manufacturer Audi is Shutting Down Production Lines Due to Chip Shortage
German car manufacturer Audi is once again shutting down production lines at factories due to the lack of computer chips that the global automotive industry...
Nikkei Rebounds Slightly After A Sharp Rise in Japanese Exports
The Tokyo stock market rebounded slightly on Thursday after the recent losses. The mood was bolstered by stronger than expected growth in Japanese exports. ...
Stellantis and iPhone Maker Foxconn Will Jointly Develop Software for Cars
Car group Stellantis, which was recently formed from a merger of PSA (Peugeot, Citroën, Opel) and Fiat-Chrysler, and the Taiwanese electronics giant Foxconn are to...
Pentagon to Reassess JEDI Cloud Contract for Microsoft
The Pentagon must reassess the JEDI Cloud contract. AWS has long objected to the award of the Joint Enterprise Defense Infrastructure (JEDI) contract to Microsoft....