Global smartphone production to hit record-low in Q2

Source: Dukascopy Bank SA
Global smartphone output is seen to plunge by record 16.5% to 287M phones in the Q2 from the prior year as the coronavirus outbreak hit demand, according to TrendForce.
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Fri, 01 May 2020 03:12:24 GMT

German jobs, retail sales hit by pandemic

Germany's unemployment surged by 373K to 2.639M in April, according to the Labour Office data, while retail sales decreased at their fastest pace in 13 years amid the coronavirus lockdown that hit the European largest economy.

Thu, 30 Apr 2020 20:02:10 GMT

German BASF earnings decline

The earnings of the German chemical giant BASF declined to €1.6B in the first quarter of 2020, a decline of 6% from the same period the prior year, the company reports.

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