CEO Pieter Elbers: ‘KLM emerges stronger from this crisis’ | NOW

KLM will emerge stronger from the current corona crisis. “Goal-oriented, socially responsible and sustainable”, CEO of Pieter Elbers of society writes in an e-mail to the customers. KLM has been under considerable fire recently. Temporary contracts were not renewed during the corona crisis, but financial support from the government was called upon. And at the […]

The Australian airline goes bankrupt; Ramadan concerns

Virgin Australia to go bankrupt Virgin Australia, strapped for cash, collapsed on Tuesday, making it the largest carrier to date under pressure from the coronavirus pandemic, which has devastated the global airline industry. In an announcement to the Australian Stock Exchange, Virgin announced its intention to continue operating flights despite the delivery of keys to […]

Stock Futures Dip; The dollar appreciates over North Korea

(Bloomberg) – US and European futures fell with Asian stocks, and the dollar climbed after learning that the United States is monitoring information regarding the health of the North Korean dictator. Equities fell on the Asia-Pacific markets, as the benchmarks for Seoul, Tokyo, Hong Kong and Shanghai fell more than 1%. Australia fell more than […]

Billionaire Richard Branson asks for public money to save his airlines

One of the richest people in the world wants a loan for Virgin Atlantic and Virgin Australia, due to the coronavirus pandemic. With a fortune estimated at $ 4.4 billion, British billionaire Richard Branson asked for government help for his Virgin Atlantic and Virgin Australia airlines, according to an open letter to company employees on […]

Coronavirus update live: RBA says Australia faces biggest contraction since the Great Depression – latest news | News from the world

They bear witness to the immense challenge facing our society to contain the virus. In terms of inflation, we also expect a significant drop in the June quarter. The sharp drop in oil prices, combined with the introduction of free childcare and the postponement or reduction of certain price increases, means that headline inflation is […]

Oil under $ 0 while Tesla fans celebrate Elon Musk>

In other parts of the world, April 20 of each year is a historically less stressed date than in Germany. And so Tesla enthusiasts struck when CEO Elon Musk announced a highly anticipated battery information day for April, immediately present this day as a specific date for it; in American 4/20 it stands for the […]

Virgin Australia moves to voluntary administration

Virgin Australia joined voluntary administration after failing to secure a government bailout due to the impact of the coronavirus pandemic, the company said. “Virgin Australia has entered voluntary administration to recapitalize the business and help ensure that it emerges in a stronger financial position on the other side of the Covid-19 crisis,” said the airline. […]

Hundreds of Amazon warehouse workers call patients to protest coronavirus security | Technology

Hundreds of Amazon Warehouse workers across the United States will refuse to report to work this week by calling the sick, marking the largest nationwide protest effort to date against the company’s coronavirus response. As of Tuesday, more than 300 Amazon workers have pledged to stay home from work, workers ‘rights group United for Respect […]

Because of Corona, this company sells for ten thousand dollars every second

Last updated: Tuesday 28 Shaban 1441 AH – April 21, 2020 KSA 08:22 – GMT 05:22 Posted on: Tuesday 28 Shaban 1441 AH – April 21, 2020 KSA 06:36 – GMT 03:36 Source: London – Kamal Kobeissi One of them mourns crying, another sells it as a handkerchief in which it dries tears, and so […]

US oil price in the red for the first time – The disappeared demand leads to despair and bankruptcies – News

content Author: An analysis by Peter D├╝ggeli At the beginning of the year, the world was still in order. From the United States, the novel corona virus appeared to be a Chinese affair, and the local economy was doing well. The WTI (West Texas Intermediate) crude oil cost around $ 60 a barrel. Then the […]