Money Matters
HSBC restarted the “workforce optimisation” programme
Banks are going more and more online, so the layoff process hasn’t been started with COVID. The later however led to its intensity and lack of any meaningful…
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Inflation rate is the lowest since 2016
Low inflation is generally desired by economists. This time it is somewhat different as low inflation reflects low consumer activity and low demand. Emergency money pumping hasn’t yet…
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Risk of repeating quarantines and accumulating debts sent oil price down
Oil prices continued to fall at Monday due to fears of a new wave of corona infections. This continued the decline in oil prices from the end of…
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Even tobacco companies have lowered their sales forecast
Tobacco manufacturer British American Tobacco (BAT) has lowered its sales forecast for the full fiscal year as a result of the corona crisis. The second largest cigarette maker…
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Just Eat approached Grubhub to get into US market
Meal delivery company Just Eat Takeaway is said to be interested in the American industry colleague Grubhub. News channel CNBC reports on the basis of insiders that the…
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Foster&Partners remains the UK’s largest employer of architects
Foster + Partners remains the UK’s largest employer for architects, but second-place BDP is getting closer, according to the latest Architects Journal survey. The annual bellwether survey conducted…
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Brent oil rose to 40 USD/b as nations try to revive the economies
As more and more countries adopt emergency economic revival programs oil sees some demand building up. Traders bet on oil and it has consequences. Norwegian Brent has gone…
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