2 July 2020
1) The airline industry is one of the hardest hit segments of the economy from the pandemic, with an estimated 36% drop in traffic this year. But the International Air…
1) The airline industry is one of the hardest hit segments of the economy from the pandemic, with an estimated 36% drop in traffic this year. But the International Air…
1) Oil has passed$40 a barrel, continuing a slow but steady recovery. This could be signaling a reawakening of the U.S. shale oil production. This rally allows the oil industry…
1) The managing director Kristalina Georgieva of the IMF (International Monetary Fund) says the Fund is likely to revise downward its forecast of a 3% contraction of the GDP (Gross…
1) HP’s board has rejected Xerox’s $33 billion dollar takeover bid, for the same reason as Xerox’s previous offer, that the proposal significantly undervalues HP. Xerox first moved to acquire…
1) Deere & Co., the famous manufacture of green and yellow tractors, reported lower earnings blaming trade tensions and poor weather in the U.S. farm belt. Last year’s difficult growing…
1) The telecommunications giant AT&T is making its belated entry into the streaming video business to compete with Netflix, Apple and Disney. AT&T plans to reach about 80 million subscribers…
1) Boeing Aircraft, the manufacture of the now grounded 737 MAX, has not ruled out further reductions or even shutting down production of its 737 MAX. Boeing had cut production…
1) America’s GDP (Gross Domestic Product) for the first quarter of 2019 grew to 3.2%, well above the predicted 2.5% by experts. The US growth makes the American economy the…
By: Economic & Finance Report Two of Africa’s biggest economies have officially exited recession. In the second quarter of 2017, Nigeria’s economy improved by 0.55%, a large part attributed to…
By: Economic & Finance Report Texas oil refineries began production of oil again Saturday Sept 3, 2017. This is after a rocky and unstable week presented to the Texas and…