Automotive

China auto sales off 22.4% in first half of 2020

China's auto sales rose 1.8% in June over a year earlier but fell by double digits for the first half of 2020 after the country shut down to fight the coronavirus, an industry group reported Friday.

Business

Boeing sees more cancelled orders as MAX nears return

Boeing said Tuesday it was hit with another 12 cancelled orders for the 737 MAX, as the flagship aircraft is close to returning to the skies after being grounded since March 2019 following two deadly crashes.

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Cash

In common language cash refers to money in the physical form of currency, such as banknotes and coins.

In bookkeeping and finance, cash refers to current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately (as in the case of money market accounts). Cash is seen either as a reserve for payments, in case of a structural or incidental negative cash flow or as a way to avoid a downturn on financial markets.

This text uses material from Wikipedia, licensed under CC BY-SA