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Tag: COVID


Finance Tech, Trading

World shares mostly lower as recession, COVID fears loom

July 11, 2022

Via: ABC News

Shares have opened lower in Europe after most Asian markets also fell, haunted by worries over the threat of recession and coronavirus outbreaks. U.S. futures and oil prices declined, while Japan’s benchmark rallied after the ruling Liberal Democratic Party garnered […]


Industries, Manufacturing

China Car Sales Jump as Covid Curbs Relaxed

July 8, 2022

Via: The Wall Street Journal

China’s car sales rose almost 23% in June from a year earlier as production recovered in lockdown-hit Shanghai to meet pent-up demand and government cash incentives stimulated purchases in the world’s biggest auto market. Sales for passenger cars also rose […]


Industries, Retail & Wholesale

Amazon shares plunge as it frets over rising costs and lower demand as COVID eases

April 28, 2022

Via: Sky News

The company’s first quarter results included its first quarterly loss since 2015 though the $3.8bn sum was blamed on a $7.6bn writedown in the value of its investment in electric vehicle start-up Rivian. However, the red ink was overshadowed by […]


Finance Tech, Mobile Banking & Payments

Visa CEO: COVID caused permanent shift to digital payments

December 1, 2021

Via: ABC News

Al Kelly believes there has been a permanent shift in how consumers worldwide pay for goods and services. His 91-year-old parents are a prime example. The CEO of payments processing giant Visa recently visited his mother just after she’d finished […]


News

Economy added 235,000 jobs in August amid COVID surge, worker shortage. Unemployment fell to 5.2%.

September 3, 2021

Via: USA TODAY

Hiring slowed sharply in August as employers added a disappointing 235,000 jobs, with COVID-19 surges dampening both consumer demand and Americans’ willingness to return to work. Restaurants and bars, which had been driving record employment gains, shed jobs. The unemployment […]