18 May 2020
1) The federal government has warned that the financial sector faces significant vulnerabilities because of the coronavirus pandemic. Both businesses and households are struggling with fragile finances and will be…
22 April 2020
1) Many retailers have closed their stores because of the COVID-19 outbreak. Analysts think that over the coming years, many of these stores will remain closed for good. Analysts forecast…
27 December 2019
1) The Permian Basin continues to experience difficulties producing oil, becoming increasingly gassy as drilling slows down. This undercuts profits for producers at a time when investors are demanding better…
6 December 2019
1) Boeing says significant additional regulatory requirements may cause additional delays in returning Boeing’s 737 MAX to commercial service and in turn may cause the company to cut or even…
1 November 2019
1) The international auto makers Fiat-Chrysler and Peugeot, which is owned by PSA group of France, have agreed to merge. This deal will create one of the world’s largest auto…
Asia (Economy, Finance, Business)
Latin America (Economy, Finance, Business)
North America (Economy, Finance, Business)
12 July 2019
1) The production of the Volkswagen Beetle, probably the most recognized automobile in the world, is coming to an end at their Puebla, Mexico plant on Wednesday. The demand for…
Asia (Economy, Finance, Business)
Europe (Economy, Finance, Business)
North America (Economy, Finance, Business)
23 May 2019
1) British Steel, Britain’s second biggest steel maker, collapsed on Wednesday. This leaves 5,000 jobs directly at risk, while also threatening another 20,000 at suppliers. The company had been seeking…