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Business
Slack Continues to Grow Strongly, the Company Attract 12,000 New Paying Customers
Slack continues to grow strongly, but the mass work from home yields less growth than expected. The company manages to attract 12,000 new paying customers.
The workspace chat application was able to post $ 201.7 million in revenue…
UK Retailers See Increase in Online Spending
In the face of an ongoing health crisis, which has halted the operation of many businesses and drove hundreds of millions of people to stay indoors, British retail sales are plummeting at a record pace. In fact, figures from the British…
Crisis Measures Cost France 450 Billion Euros
The French government's measures to steer the economy through the corona crisis have cost 450 billion euros.
That equates to 20 percent of gross domestic product (GDP). That's what the French finance minister Bruno le Maire said.…
British Retail Sales are Plummeting in Crisis
British Retail Sales are Plummeting in Crisis. UK retail sales fell at a record pace in April due to lockdown measures against the coronavirus.
According to figures from the British National Statistical Office, sales plummeted by…
The Stock Exchanges in New York Started Trading Week With Gains Monday
The stock exchanges in New York started trading week with gains Monday. Sentiment on Wall Street is helped by a decline in coronavirus cases.
In addition, President Jerome Powell of the Federal Reserve said that the US central bank…
The Stock Exchange in Japan Closed Slightly Lower on Tuesday
The stock exchange in Japan closed slightly lower on Tuesday. Most other stock markets in the Asian region also went down.
Investors remained cautious about concerns about a new corona wave as a result of the relaxation of lockdown…
20.2 Million Jobs in American Business are Lost Due to Crisis
Employment in US business has plummeted in April. Many companies have closed their doors due to the corona crisis. According to payroll processor ADP, the contraction amounted to 20.2 million jobs.
Economists had generally…
Germany Will Not Fully Recover from the Crisis Until 2028
The German economy will not fully recover from the corona crisis until 2028 at the earliest. That writes Der Spiegel based on a report by consultant agency McKinsey.
According to that report, there are signs that the impact of the…
Mcdonald’s Loses Sales After Restaurant Closings Due to Corona
Fast food chain McDonald's recorded fewer sales in the past quarter after large-scale closings of its restaurants due to the corona crisis.
The American company warned earlier this month about falling sales. Then the fast-food…
The company Behind Victoria’s Secret to Court for Millions Deal
L Brands, the company behind Victoria's Secret lingerie fashion house, is taking investor Sycamore to court.
The aim is to continue the million-dollar deal that the party recently withdrew from due to the corona crisis.
Sycamore…