US weekly jobless claims surge abruptly

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Source: Dukascopy Bank SA
The number of US citizens filing their claims for unemployment benefits surged unexpectedly last week following new layoffs and slow labour market recovery due to the coronavirus pandemic.
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Thu, 19 Nov 2020 14:59:30 GMT

Daimler to lift Mercedes-Benz Maybach car sales

On Thursday, Germany's luxury carmaker Daimler announced its plans to double the sales of the company's Maybach-branded Mercedes-Benz cars, after reporting 12K vehicle sales last year.

Thu, 19 Nov 2020 13:36:36 GMT

Macy's posts 20% drop in comparable sales

On Thursday, Macy's posted over 20% fall in its quarterly comparable sales, expecting a decline in the whole fall season, and marking a tough holiday period for the company.

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