Siemens sees its business fall 20% in the April-June quarter, according to the company’s chief financial officer, according to Reuters’ Boersenzeitung

2020-07-04

  Reuters. Siemens AG’s headquarters can be seen in Munich FRANKFURT (Reuters) – German engineering firm Siemens (DE:) saw its contract volume increase by 20% in the three months to June and business in 2021 is expected to remain below 2019 levels, the financial director told the Boersenzeitung (BoeZ). RalfRead More →

Travala Sees 205% Jump in Booking Revenue as Travel Demand Returns — 60% Paid With Cryptocurrencies

2020-06-02

Crypto-friendly travel booking platform Travala has reported booking growth as demand for travel returns despite continued coronavirus crisis and extended lockdowns in many places. Its booking revenue in May soared 205% and 60% of all bookings were paid with cryptocurrencies. Travel Demand Returning Despite Covid-19 Travala.com, a website where travelersRead More →

12-time champion forecaster sees U.S. economy easing in 2020

2020-01-16

With the conclusion of the U.S.-China trade talks, financial markets are feeling good, but award-winning forecaster Jim O’Sullivan of TD Securities warns that the best days of this 10-year economic expansion are behind us. “The economy is slowing for sure,” O’Sullivan said after winning his 12th Forecaster of the YearRead More →