In April alone 856.000 applications for unemployment benefits were filed
The number of British people claiming unemployment benefits due to the corona crisis has risen to almost 2.1 million. More than 856,000 applications were filed in April, according…
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Ryanair expects significant drop in passenger flow whole year long
Irish airline Ryanair expects to carry half fewer passengers by March next year due to the corona crisis. In addition, the company warned in its trading update of…
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Gold reaches 2012 levels
The gold price has reached its highest level in almost eight years due to financial market concerns about the corona crisis. The price of the precious metal is…
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Canary Wharf will go back to business soon
Detailed plans have been made in London to bring bankers, accountants and lawyers back to work in the business district of Canary Wharf. Once the number of infections…
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Saudi Arabia sticks to the pledge
Saudi Arabia is holding on to its previous pledge to cut oil production as part of the agreements with oil cartel OPEC and allies (OPEC +). As a…
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Lloyds expects insurance industry to lose more than $200 billion
Lloyds of London, the world’s largest insurance retailer, expects the industry to shed $ 203 billion in losses this year as a result of the corona crisis. This…
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Shell downgrades CO2 emission targets
Shell cannot guarantee that the company will emit less CO2 in 2030 than in 2019 and that the company will invest less in fossil fuels in 2030 than…
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