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Boeing announced the start of massive layoffs

    Boeing announced the start of massive layoffs

The Boeing Company has no choice but to take drastic measures. The world’s largest manufacturer of space and aviation equipment is forced to reduce the number of staff by 13

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Serious drawdown of oil quotes

    Serious drawdown of oil quotes

Today, oil is actively declining. A very significant increase in the reserves of “black gold” in the United States caused this drop. Moreover, the fears that Russia will not reduce

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Swiss watch makers are in crisis

    Swiss watch makers are in crisis

Swiss watch exports in April crashed at a record pace the drop has totaled 81% compared with the same period last year. Halting production and difficulties with sales caused by

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The intensification of the conflict between the USA and China leads to reduction of oil prices

    The intensification of the conflict between the USA and China leads to reduction of oil prices

The energy market has started the trading session rather unsuccessfully. The next round of the trade war between the States and China caused the price fall. Because of this investors

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Germany saves Lufthansa

  Germany saves Lufthansa

An air carrier Deutsche Lufthansa AG has suffered losses because of the spread of the coronavirus pandemic. It became known

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Israel economy sets anti-records

  Israel economy sets anti-records

Israel is a recognized high-tech paradise, a stable and strong platform for business development. However, the economy of the country

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A car rental service Hertz went bankrupt

  A car rental service Hertz went bankrupt

Hertz, the largest US car rental company, has filed for bankruptcy. The company was founded already in 1918. For a

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Monday starts with the growth of oil prices

  Monday starts with the growth of oil prices

The energy market started today’s trading session with the steady growth. Quotes are increasing on the signals about the recovery

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Nissan plans deep cuts due to the crisis

  Nissan plans deep cuts due to the crisis

A Japanese auto giant Nissan Motor Co. is experiencing a deep crisis provoked by the spread of the coronavirus pandemic.

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IBM announces substantial decrease in staff

  IBM announces substantial decrease in staff

A well-known and large American company IBM, which is one of the world leaders in the provision of computer services,

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