Business ECB keeps the lowest interest rate intact, extends supports for banks The European Central Bank (ECB) shall maintain interest rates as expected. However, the central bank is increasing its buy-i… Read More
Business Japan comes with third support package Japan comes up with a third support package for the economy of 708 billion dollars, Japan’s Prime Minister Yoshihide S… Read More
Business Calvin Klein to focus on pajamas PVH, the parent company of, among others, the fashion brands Calvin Klein and Tommy Hilfiger, will focus more on comfortable… Read More
Business Swiss Life Asset Managers bought one of the Lee Towers Swiss Life Asset Managers bought one of the Lee Towers in Rotterdam for its funds. With this purchase, Swiss Life Asset Mana… Read More
Business ABN Amro to cut 15 percent of jobs ABN Amro strives to cut until 2024 about 15 percent of all jobs, says the bank in a “strategy update”. Most jobs… Read More
Business Insee reports stronger economy growth France’s economy grew stronger in the third quarter than previously thought. According to a new estimate by the French… Read More
Business Former WireCard boss, Markus Braun, testifies in Bundestag Former CEO Markus Braun of Wirecard, who had been killed by mega-fraud, refused to disclose his role in the accounting scand… Read More
Business Germans pump aid in car industry The German car industry will receive billions of euros in extra state aid to withstand the coronacrisis and invest in electr… Read More
Business Banco Santander to fire 4000 employees The major Spanish bank Banco Santander has plans to cut 4,000 jobs in its own country in order to save costs. According to s… Read More
Business UN report show significant drop in overseas shipments The volume of goods shipped across the seas will fall by 4.1% this year on an annual basis compared to a year earlier due to… Read More
