The Covid-19 pandemic continues to sweep the world. Some countries have experienced a drop in cases and a stable recovery, only to see the new surges in cases. Others still have not reached the peak of the virus’s activity. This devastating pandemic, according to BBC, already crossed the mark of
Current Financial News
Today, oil is actively declining. A very significant increase in the reserves of “black gold” in the United States caused this drop. Moreover, the fears that Russia will not reduce production in July also made the oil fall. At 8.13 Moscow time, oil futures of the European Brent crude oil
China’s government is reversing decisions taken during the aggravation of relations with the United States. We are talking about increased import duties on certain groups of goods produced in the States. So, the Ministry of Finance of the PRC has issued a press release that reports that on May 19,
Petrobras, a Brazilian state-owned oil and gas corporation, has released April reports. It became known that in a month the Brazilians had increased exports to record levels. In the second spring month, the average value of this indicator amounted to one million barrels per day. This is 145% more than
Today, the WTI crude oil is plummeting. The fall has amounted to 15%.The investors’ desire to get rid of futures with a close shipment date in a situation of the clear lack of shortage caused the sharp fall. June futures
Jack Dorsey, who is known for his Twitter and Square projects, has decided to donate about $ 1 billion to combat coronavirus. Mr. Dorsey said that the amount allocated was about 28% of his personal fortune. The exact amount of
Today began with a decline in the energy market. It was caused by investors’ skepticism about the fact that Saudi Arabia, the United States and the Russian Federation would be able to agree on the cut of the world production
Amazon.com, an international online retailer, has announced its intention to hire 100,000 people. This is primarily about workers serving warehouses in the United States. This expansion of staff is due to the fact that the number of online purchases has
Financial indicators of Japan for the fourth quarter of last year have been made public. The country’s GDP has fallen 7%. This is the biggest drop in the last 5.5 years. An increased consumption tax caused the decline. According to
An American company Costco Wholesale Corp. has told the investors about the sales growth in February by 12.1%. The notorious coronavirus and the consumers’ desire to purchase in bulk caused the growth. Demand strongly increased in the last week of
