Business

The coronavirus crisis has brought easyJet's founder and principal shareholder Stelios Haji-Ioannou to new rationale in its protracted struggle to slow growth at the airline. This emerges from a letter from him to the board of the…

Swedish bank Swedbank does not pay a departure fee to the previously dismissed top woman Birgitte Bonnesen. The bank decided to do this after investigations by the Swedish and Estonian financial authorities and the international…

Trading on the stock exchanges in New York halted on Monday after massive losses in a short time. Concerns about the coronavirus continue to dominate global markets. A new, unexpected rate cut by the Federal Reserve has yet to turn…

Airline British Airways has cancelled all its flights to and from Italy. The government of that country substantially expanded the measures against the new coronavirus, whereby public life is mostly halted. British Airways, a…

House prices in the United Kingdom have risen sharply this month. According to figures from mortgage provider Nationwide, prices rose by 2.3 percent in February compared to a year earlier. That is the most substantial increase…

The Asian stock exchanges gained profits on Tuesday. Investors settled on the higher closing positions on Wall Street and monitored the developments surrounding the outbreak of the new coronavirus. The number of deaths from the…

The spread of the new coronavirus in China poses a new risk to the US economy. With that warning, the Federal Reserve, the umbrella of central banks of the United States, presents a semi-annual report to Congress. The new virus has…

The stock markets in China fell sharply on Monday, following the extended holiday period around the Chinese New Year. The financial markets in Shanghai and Shenzhen were closed since January 23 and investors could only now respond to the…

Harley-Davidson has sold fewer engines in the past quarter. Total sales fell by 1.4 percent worldwide to 38,754 units. On the home market, the United States, sales fell by more than 3 percent. It meant the twelfth quarter in a row…

German Authorities are Investigating Deutsche Bank Bribery Case. Deutsche Bank has paid the financial advisor to a member of the Saudi royal family a bribe in the hope of retaining the wealthy customer and doing more business with him.…