Stock Markets are Relishing US Presidential elections
The US elections results are not yet decided, but to realize that it is time to call it quits, Trump should really have focused on the complexities of the markets. At the end of the election, nevertheless, investors can get the right deal — the Democratic president, who won by a tiny difference and is […]
BP (NYSE: BP) back to profits despite no improvements in demand
Oil giant BP (NYSE: BP) finally saw the green again in its third quarter following a troublesome year due to covid-19. Nevertheless, the overall crisis persistently damaged demand for oil. BP plc (NYSE: BP) stock was down 1.08% to $15.63 in the pre-market on Tuesday October 27, 2020. Its Revenue is down 56.36% to 31.55 […]
Co-op was one of the winners during coronavirus pandemic as it revenues soar
According to latest reports Grocery chain the Co-op sales surged in the first six months of year as customers preferred doing shopping closer to their houses instead of going to the crowdy bigger stores and stopped dinning out during the pandemic. Company’s year over year sales in food, without the effect of new shops opening, […]
Virgin Atlantic ready to cut more jobs in 1.2 billion Saving Plan
According to reports, Air carrier Virgin Atlantic is set for massive layoffs after finalizing a £1.2 billion saving plan that will help survive its prospect for at least a year and a half. The airline said it will slash more 1150 employees from its payroll after making 3,500 redundancies from the total of 10,000 employees […]
Amazon (AMZN) is hiring 7000 more in the UK as it sees boost during the lockdown
According to the latest publications, Amazon (AMZN) is set to announce 7000 vacancies in the UK after already adding 3000 jobs this year taking the tally to 10000, as the demand surged this year.The statement from the giant online retailer said that these new positions will be permanent with the standard minimum wage of £9.50 […]
Zoom profits from Pandemics amid restrictions of working from home
One of the prime winners of coronavirus pandemic was Videoconferencing app Zoom, as its profits doubled for the quarter ending 31 July. Zoom Revenues surged more than 350% to reach $663.5m, easily topping analysts’ outlook of $500.5 millions during the 2nd quarter this year. Company Profits rose to $186m, while customer growth surged 458%, year […]
