FedEx Announces 6,300 Job Cuts in Europe
American multinational delivery services company, FedEx Express has announced plans to lay off between 5,500 and 6,300 employees in Europe, as it nears the completion of the network integration of [...]
US Stock Market Trades Higher as Biden Takes Charge
Joe Biden Takes Charge The US stock market traded higher on Wednesday's early session as Joe Biden officially succeeded Donald Trump at the White House. Joe Biden was sworn in [...]Canada Set to Lift Boeing 737 MAX Flight Ban on 20th January 2021
Canada has announced plans to lift a near two-year flight ban on Boeing 737 MAX on20th January 2021, joining other countries like the United States that have brought the aircraft [...]Brief; Global Markets Earnings Season Kicks Off
Shares of US-listed companies on Friday closed the week in the red as corporate earnings season kicked off. Banking giantsCitigroup,JPMorgan ChaseandWells Fargoreported their results on Friday. Netflix, Bank of America [...]
DriveWealth Acquires New York-based institutional broker-dealer Cuttone Company
Drivewealth Llc, the API-driven global brokerage firm registered with the U.S. Security and Exchange Commission on Thursday announced it has entered into an agreement to acquire Cuttone Company, a globally-respected New [...]Copa America 2021 Prediction: Who Will Win the Golden Boot?
The 47th edition of Copa America, one of the oldest competitions in football, will be thrown open on the 13th of June, 2021, in Brazil, the treasure trove of football [...]Airlines Worldwide Need Another $80 Billion to Survive COVID-19; IATA
IATA (International Air Transport Association) has projected that the world's airlines need another $70-$80 billion of government support to survive the crisis caused by the global coronavirus pandemic. According to [...]UK – Africa Investment Conference Slated for 20th January 2021
The UK Department for International Trade has organised the Africa Investment Conference, which brings together the UK and African businesses to discuss relevant and emerging themes around doing business in [...]Germany’s Economy Contracts by 5% in 2020
According to Gebührenfrei login Germany's economy contracted by 5% in 2020 occasioned by the global coronavirus pandemic. This was the country's deepest contraction in over a decade. As theBBCreports, there [...]Visa’s Acquisition of Plaid Hits Regulatory Wall
Visa's acquisition of fintech company, Plaid, has hit a regulatory wall, ending the consumer credit giant's takeover of the data-focused fintech API startup. The deal had been valued at$5.3 billionat [...]Blow to Airbus as New US Tariffs Take Effect
European planemaker, Airbus, has been dealt a blow after the United States started levying a 15% duty on imported aircraft parts coming from France and Germany. The tariff will have [...]Five Solutions to the Global Freshwater Crisis
Despite the fact that 71% of the earth's surface is covered in water, only 3% of this is freshwater. Due to the fact that the global population is rising rapidly [...]
