Money Matters
The second wave may ruin the airlines, Ryanair suggests
A second wave of the coronavirus could delay the recovery for airlines into next year. That’s what Ryanair says, who’s expecting a loss all summer anyway. However, the…
Continue ReadingDozens of bidders gathered to buy Wirecard
There is a lot of interest in taking over Wirecard, the bankrupt German fintech company. As much as 77 potential investors came forward to the liquidator and signed…
Continue ReadingRush for safe havens drove gold to 2011 heights
The gold price rose to over $ 1900 per troy ounce (31.1 grams) on Friday, bringing the record level of September 2011 closer. The gold price has been…
Continue ReadingEasyJet to double Schiphol traffic in August
As Europe emerges from the seemingly useless lockdown the airspace is filling with planes. Restriction across Europe are lifted almost everywhere and the people are cautiously booking flights.…
Continue ReadingEU and United Kingdom cooperate to create the COVID vaccine
It is the law: every virus should have a miraculous cure. It comes, preferably, in a glowing form, or at least let it be green. Except it is…
Continue ReadingNiche businesses around airports are facing massive job cuts
The better the niche business was adapted to the pre-COVID realities the harder it fallen. Niche businesses such as SSP Group, operating in airports and major railway stations…
Continue ReadingShell published a preliminary quarterly update
Shell’s preliminary quarterly update included forecasts for the second quarter results that were generally “much better” than the outlook outlined by the oil and gas group in April.…
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