Business

The UK economy shrank by 9.9 percent last year as a result of the corona crisis. That is the most significant contraction since 1709 when a freezing cold and long winter hit Europe. The lockdowns and travel restrictions hit the…
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The Hong Kong stock exchange closed slightly higher on Thursday after a shortened trading session. Investors took the little risk as many financial markets in the Asian region are closed due to the celebration of the Chinese New…
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Germany exported 9.3 percent less last year than in 2019. Especially in the spring, the exports of the largest economy in Europe were hit hard by lockdown measures to prevent the coronavirus spread. Germany exported just under 1205…
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The appetite for takeover in the chip sector does not seem to be satisfied yet. Japanese Renesas announced that it was in talks with British Dialog Semiconductor about a takeover. The American tech company Apple is one of the main…
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The Finnish maker of telecom equipment Nokia is counting on lower revenues this year. Stiff competition, in particular, is getting in the way of the company. Nokia has to do a lot not to lose market share, and that is accompanied…
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Electronics group Sony did profitable business in the last three months of last year. In the third quarter of its broken fiscal year, the Japanese company benefited from increased demand for computer games from people who have fewer…
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Irish low-cost carrier Ryanair suffered a loss of € 321 million in the last quarter of last year. In addition to a loss of 306 million euros, a direct result of the corona crisis, the airline also lost 15 million euros on a write-off on…
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The British airline British Airways will start using a digital health passport to download to their mobile phone in early February. The airline is testing the app on all flights between London and the United States. The company…
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