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Easyjet Can Handle A Long-Term Corona Crisis Financially
The British EasyJet is in its own words financially well equipped to deal with months of disruption of air traffic due to the corona crisis.
The company says in a trading update that it has sufficient resources to keep the fleet on…
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IMF: Inadequate Lending by Banks Can Cause the Corona Crisis
Inadequate lending by banks can cause the corona crisis to turn out worse than necessary. Economists from the International Monetary Fund (IMF) warn against this.
Aid measures should, in their view, be aimed at preventing a…
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The Stock Market in Japan Ends Week With A Profit
The stock exchange in Japan entered the weekend with a profit on Friday. The stock exchange in South Korea, which was also open, also improved.
Investors responded, among other things, to the new support measures from the Federal…
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The Stock Exchanges in New York Started New Trading Week With Solid Gains
The stock exchanges in New York started the new trading week Monday with solid gains. Investors are backing cautiously positive comments from the government that the coronavirus outbreak appears to be stabilizing.
President Donald…
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Facebook Wants to Hire 10,000 New Employees This Year
Tech giant Facebook expects to recruit at least 10,000 new people this year, mainly for its product and development teams. That's what operational director Sheryl Sandberg told CNBC.
Sandberg was asked if Facebook could make a…
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IMF: Economic Recovery Dependent on Halting Virus
How deeply the economy sinks and how quickly it can recover depends on how immediately the coronavirus outbreak can be stopped.
That's what International Monetary Fund (IMF) chairman Kristalina Georgieva said at a G20 summit. The…
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British Government Wants to Take State Interest in Affected Companies
The British government is working on a plan to take a state interest in airlines and other companies hard hit by the corona crisis. The Financial Times writes this based on insiders.
According to the business newspaper, the British…
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American Express Cancels Financial Targets Due to Coronavirus Crisis
Credit card company American Express is dropping its financial goals for this year as customers are more cautious about spending due to the new coronavirus.
The American company expects profit for the current quarter to be lower…
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