Business
Airlines worldwide face an unprecedented existential threat as the coronavirus shuts down global travel, leaving governments with controversial and costly decisions about which carriers to bail out.
Mar 17, 2020
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5
Business
The International Air Transport Association says the virus outbreak that began in China could cost airlines as much as $113 billion in lost revenue due to the collapse of air travel.
Mar 5, 2020
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Business
The world is coming to a standstill as the new coronavirus spreads: schools have closed in Japan, rallies are banned in Switzerland and flights are canceled worldwide.
Feb 29, 2020
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Energy & Green Tech
If states want to avoid costly electricity failures such as the blackouts that roiled California recently, they can improve their odds by diversifying power sources, according to new research from the McCombs School of Business ...
Dec 12, 2019
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Germany's prized industrial robotics and automation sector is expecting a drop in sales this year for the first time since the global financial crisis, an industry body said on Friday.
Nov 22, 2019
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Security
Business
Nissan's new chief executive Makoto Uchida is an insider with a global outlook, but he faces an uphill struggle to right the Japanese automaker still reeling from the Carlos Ghosn scandal.
Oct 9, 2019
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Business
Traditional banks are haunted by financial technology—fintech—firms. Challengers such as mobile-first banks Chime in the US, Monzo in the UK and Germany's N26 have been around for a number of years now, but big global ...
Sep 27, 2019
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Business
WeWork co-founder Adam Neumann, whose unconventional approach to business and governance pushed boundaries on Wall Street and Silicon Valley, stepped down as chief executive on Tuesday.
Sep 24, 2019
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Business
An EU court struck down an order by Brussels that Starbucks pay 30 million euros ($33 million) in back taxes Monday, in a decision with major significance for Apple, which is fighting a similar case.
Sep 24, 2019
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The term financial crisis is applied broadly to a variety of situations in which some financial institutions or assets suddenly lose a large part of their value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults.
Many economists have offered theories about how financial crises develop and how they could be prevented. There is little consensus, however, and financial crises are still a regular occurrence around the world.
This text uses material from Wikipedia, licensed under CC BY-SA
