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Category: Biz & Finance

Industrial activity shows some signs of cooling down

Industrial activity in the United States unexpectedly slowed down in April. This was shown on Monday by figures from Institute for Supply Management. ISM’s...

Unemployment climbs to 744,000 new applications

The number of first applications for unemployment benefit in the United States increased unexpectedly in the week ending 3 April. This was shown on Thursday by the...

Every second car sold in 2030 will be electric: BMW

Automaker BMW wants half of all cars the company sells to be electric by 2030. Around that time daughter MINI only sells electric vehicles, is the plan of the German...

GE prepares to get rid of Capital Aviation Services

The US Industrial Group General Electric (GE) is about to sell its aircraft lease branch to the Irish company AerCap Holdings. Sources say the transaction could be worth...

US oil is over $65 per barrel: the good news for the industry

The price of a barrel of US oil rose to over $ 65 on Friday, which is the first time since January 2020. The oil price is supported by the decision of the oil cartel...

Home sales unexpectedly fall in January

Upcoming home sales in the United States decreased more than expected on a monthly basis in January. It was shown on Thursday by figures from brokerage organization NAR....

Ethiopian Airlines should not accept a Boeing settlement

Ethiopian Airlines should not accept a settlement proposal from aircraft maker Boeing in the aftermath of the disaster with the aircraft 737 MAX in 2019. According to US...

Sweet potatoes growers meet changing demand and rising prices

The availability of American sweet potatoes on the British market is good at the moment, but prices are rising steadily. “The US’s own market is strong and...

Boeing lost 59 percent of orders in 2020

Boeing delivered 59% fewer aircraft last year than a year earlier. Due to the pandemic, many airlines faced major financial problems, delaying massive investment in new...

The unexpected drop in employment puzzled analysts

In the United States, 123,000 jobs were lost in December. This is reflected in the monthly job report of ADP employee. This puts a strain on the recovery of the US labor...