Money Matters
EasyJet passenger flow down by 87 percent
EasyJet welcomed considerably fewer passengers in the last quarter of 2020, the first of its financial year. Because of viral troubles, lockdown measures and travel restrictions, the passenger…
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Euro are countries sign a new emergency financial convention
The 19 euro area countries have signed a new convention on the ESM, the permanent emergency fund for Euro Area countries in financial difficulties. The treaty amendment is…
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IMF revises the forecast of the world economy
The International Monetary Fund (IMF) sets new economic forecasts for the world economy. The picture is probably a little less gloomy than the fund outlined in October. But…
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Asos wants to by Topshop and a row of other brands
The British online clothing vendor Asos is in talks to buy the British Topshop clothing brand and a number of other brands. The fashion company confirms the reports…
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Burberry turnover decreased 9 percent in Q4
In recent months, the British fashion brand Burberry has sold far fewer clothes with the well-known diamond pattern, especially in Europe, as the number of COVID infections has…
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Tesco had a great Christmas sales but it does nothing to save the jobs
Tesco has seen the turnover in the past 19 weeks pick up, thanks to strong performances around Christmas days. This was announced by the supermarket chain on Thursday…
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In 2020 airlines lost 370 billion USD in turnover
As a result of the pandemic and quarantine measures, the number of airline passengers decreased by 60 percent by 2020, and ICAO, the United Nations Civil Aviation Organisation…
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