US economy hit by 16% unemployment

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Source: Dukascopy Bank SA
The US economy faces a historic shock with a potential 16% of unemployment rate this month caused by the coronavirus outbreak, requiring more stimulus to ensure robust rebound, White House stated.
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Mon, 27 Apr 2020 13:05:58 GMT

Apple to postpone its flagship iPhone production

Apple Inc is planning to delay its 2020 mass production of the flagship iPhones by a month due to the coronavirus outbreak's hit on the global consumer demand and manufacturing disruptions across Asia, according to the Wall Street Journal.

Mon, 27 Apr 2020 11:27:09 GMT

Air France-KLM, Lufthansa shares rise on Monday

On Monday, shares in Lufthansa and Air France-KLM rose as much as 7% and 3.5% respectively on hopes that the government bailouts would help them get through the COVID-19 crisis.

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