Low-wage workers take bigger hit by coronavirus crisis

Source: Dukascopy Bank SA
According to the Federal Reserve report, millions of Americans lost their job or had their pay or hours reduced due to the coronavirus outbreak, while lower-income workers were hit harder by the crisis, triggering a dramatic decline in US households' finances.
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Fri, 15 May 2020 03:14:09 GMT

Nike sees North America business to be hit in Q4

Nike Inc warned its North American store shutdowns will have a negative impact on its wholesales and retail businesses in the Q4, as only 5% of the company's stores across the world are open amid the coronavirus pandemic.

Thu, 14 May 2020 20:01:45 GMT

German RWE reports earnings increase

The German electric utilities company RWE announced a 19% increase in earnings to €1.3B in the first three months of 2020, compared to the same period the previous year, the company reports.

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