FACC is taking further measures to combat the Covid 19 crisis

01.07.2020 In order to better adapt to the serious effects of the pandemic on the aerospace and aviation industries, aerospace supplier FACC has recently defined an additional “Corona savings program” worth EUR 15 million, which is already being implemented. In autumn, FACC is also planning talks with the core banks on the temporary adjustment of […]

FACC is taking further measures to combat the Covid 19 crisis

01.07.2020 In order to better adapt to the serious effects of the pandemic on the aerospace and aviation industries, aerospace supplier FACC has recently defined an additional “Corona savings program” worth EUR 15 million, which is already being implemented. In autumn, FACC is also planning talks with the core banks on the temporary adjustment of […]

Next Warns of an Unprecedented Corona Virus Crisis on the Main Street business

Next’s managing director said the main street in Britain was facing a crisis “unprecedented in living memory” when the fashion retailer joined a number of companies warning of the devastating effects of the corona virus pandemic. Simon Wolfson said Next plans to generate sales of up to £ 1bn next year as the UK prepares […]

Air Canada has not informed us of the actual exposure to Covid-19 world news

Air Canada, the country’s largest airline, has said that the company is not doing enough to inform customers and employees about their exposure to passengers infected with Covid-19. And as more and more flight attendants are tested positive for the corona virus, there is growing concern that the risk for flight attendants is higher than […]

Airlines accused of “cashing in” on flights for stranded British business

The airlines have been charged with “extortionate” charges for British tourists and business travelers affected by coronavirus, closed borders and Dominic Raab’s new travel advice. People complain about high fines for flight changes and have to pay far higher fares than on the originally booked trip. A woman tweeted The change fee and price difference […]

Nissan Shuts Down Sunderland Factory Because Coronavirus Disrupts Industry business

Nissan has closed its plant in Sunderland, Britain’s largest automotive plant, and has shut down production with a number of automotive companies and the aerospace giant Airbus due to the widespread industrial disruption caused by the coronavirus pandemic. The mass shutdowns occurred when U.S. aircraft manufacturer Boeing, who was still affected by the landing of […]

Dow Suffers All Time Greatest Loss as FTSE 100 Hits Eight Year Low | business

The Dow Jones index suffered the biggest one-day loss of all time on Monday, and the FTSE hit an eight-year low as markets were caught by growing concerns about the threat of a global recession, despite coordinated central bank efforts to protect growth and growth Jobs. In an escalation of the worst turmoil since the […]

Trading in Wall Street shares is discontinued

The stocks have seen another breathtaking plunge on Wall Street, triggering a trading stop within the first minute of opening Monday morning local time. Shares fell 9 percent when trading resumed after the 15-minute “breaker”. Markets around the world have declined by similar percentages as large parts of the economy come closer to closure due […]