US jobless claims surge unexpectedly

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Source: Dukascopy Bank SA
The number of US claims for unemployment benefits unexpectedly surged to 898K last week, compared to the 845K reading the previous week, the Labor Department reported on Thursday.
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Thu, 15 Oct 2020 14:05:21 GMT

Pirelli launches R&D reshape amid pandemic

Italy's tyremaker Pirelli have decided to reboot its R&D to stay on track during the coronavirus crisis after the pandemic forced the company to temporarily close its plants in March.

Thu, 15 Oct 2020 11:42:51 GMT

KPN chooses Ericsson over Huawei

The Dutch telecom firm KPN selected Sweden's Ericsson to establish the 5G network's core elements over China's Huawei, according to the company's statement made on Thursday.

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