Archive of 28 April 2020

FWCCI compiling data

Faisalabad Women Chamber of Commerce & Industry (FWCCI) is busy in compiling data of women entrepreneurs badly affected due to the prolonged corona related lockdown,...

Sterling rises as investor risk sentiment improves

The pound inched higher on Tuesday as investors turned their attention to US Federal Reserve and European Central Bank meetings this week at which officials...

Early trade in New York: Dollar drops against basket of currencies

The dollar dropped against a basket of other currencies for the second day on Tuesday as rising stocks reflected improving risk appetite, and as investors...

Swedish crown climbs in Europe

The Swedish crown jumped against the dollar and euro on Tuesday after the central bank held interest rates steady and maintained stimulus measures designed to...

Icelandair cuts 2,000 staff

Icelandic airline Icelandair said Tuesday it would lay off about 2,000 of its staff as the COVID-19 pandemic continues to impact air travel "for the...

Caterpillar profits fall

Caterpillar reported lower quarterly earnings Tuesday amid a weak outlook for oil and metal commodities and said it lined up additional sources of cash to...

Spain’s jobless rate jumps to 14.4 percent

Spain's unemployment rate jumped in the first quarter to 14.4 percent, figures from national statistics institute INE showed Tuesday, as a nationwide coronavirus lockdown hit...

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